Well, good for those of us who played for those "M" patterns to form last week, anyway. As I said on Monday, when we predicted the exact patten you can clearly see forming on the Big Chart, we had flipped bearish right at the tippy-top last Tuesday, ahead of the July 4th break, because the run-up seemed fake, Fake, FAKE – just more low-volume, manipulated BS on bad news that lead to the anticipation of more QE.
As we expected, this week we got more bad news and still no QE – how could we possibly go up on that?
IN PROGRESS
