Market Update

Well here is my thoughts. Take it or leave it.

Technically we have a tick down on the Monthly Chart MACD histogram. Everyone knows you can't trade the monthly ,but it is worth noting. We moved this far down with very little bear power. This is a confirmation we will go lower. When who knows?

Technically Weekly Chart, we have our second negative tick on the macd histogram. A Sell signal. We are extremely overbought on all stochastics. This is a confirmation we can go lower. When who knows? Also the 10 EMA has had 2 consective ticks down. The last time this happened was during the pullback in June. 26 ema has one tick down, in june we had two ticks down. Ok another confirmation we are going lower.

Lets get Lunar. Buy on full moon, we don't have that until sunday so do we buy on friday or monday. These longs are gonna get scared holding through the weekend. I expect some strength tommorrow then short heavily and hold through the weekend.