“Those who have knowledge don’t predict. Those who predict don’t have knowledge.” Lao Tzu, Chinese philosopher, 6th century BC


Monday, 9 February 2015

9 Feb 2015 - Good Reversal Pattern..

Price from last weeks high made a nice reversal with help from the dysfunctional world leaders.  If you hire half ass people, you will get half ass work.  This what I can best describe the current elected officials around the world that never intended to do service to their people.  Elected officials or potentials should be put to a psychological test rather than be voted by the easily manipulated public.  This way, we those with  a sociopath or a psychopath attitude.

The market though, has not had the impulsiveness that I was looking for.  Maybe todays move was just a sub-division of a larger move, but no matter the ST has turned to the downside. Agreeing with our bearish sentiment.  Couple this with a OS intra-day chart giving us a lower risk trade to the downside.

The Futures and the SPX cash market has been in dislocation for the whole day.  Tomorrow might be a different story.


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