The purpose of this blog is to provide a unique insight into trends that guide market prices. It is intended to educate and show you characteristics about the stock market, of which, the so called "professionals" have no clue. Traditional technical analysis is almost completely worthless and that is one of the main reasons for the creation of this blog. If you enjoy market analysis and information that you will find nowhere else, this blog is for you!
Thursday, April 18, 2013
Official Bernanke entrance music...
This video is the official theme song for The Federal Reserve. I have heard that whenever Ben Bernanke comes into the room for a meeting, this particular song is playing.
It's pretty simple from here. The grey area is resistance. If we open in that area tomorrow, selling should come in hard and heavy. The other option is a large down open of 200-300 points on the Dow and 20-30 points on the SPX. Enjoy!