UPDATE - Double fib on the DOW at 301 to 304 range. But 1m indicators diverging here already.
Big blog comes first - posts here are an afterthought. so what I am saying is that my best friends that hang out here get booted to the curb in the mornings, but they get the best treatment the rest of the day.
THE Open Championship at St. Andrews will have my attention this and tomorrow morning.
Minis 30m chart - Trading in the upper half of the VWAP and running along the upper diagonal that has dominated trading the past few days. Price does not want to leave this area for some reason. This chart looks weak. Support on this chart at 89, 87 and 85. That does not work well to cover any sort of retracement which should be taking the minis to the 38% at 62 (lower VWAP band is 69). So all that said I think down a smidge ot sideways (a dull day), then up today as we have yet another earnings ramp into the close. Next week it gets ugly.
Dave Chapelle may have had one of the funniest skits with this one on reparations. Derive what you want from me posting this vid in these economic times.
FACIAL? All support levels I mentioned are gone. 30m looks nasty looking for 69 or low as retrace at 62. this is fugly. Nice job Incarnate.
