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Re: sharpshorts post# 16

Sunday, 06/01/2014 12:53:57 AM

Sunday, June 01, 2014 12:53:57 AM

Post# of 58
May 2014 EOW 4th week of the month

5 session tick charts



4th week of May - 1 hour charts:


4th week of May - YM 6 month daily


4th week of May
ETF as proxies for their indices - Dailies followed by Weeklies...
Comparing price action since JAN/FEB's lows, the YM and ES pretty much held the line while the Q's and IWM sold off thru APR/MAY...
The QQQ has recovered nearly all its drop. Perhaps the IWM/Russel 2000 might be a better play if you're summer-rally-bullish...

I'm thinking the markets are anticipating a government sea change this November...Out with the liberal anti-capitalist government
of the past 6 to 8 years...America seems to be getting fed up with their idiot socialist agenda games...

If there is to be a summer rally this year it may run thru the elections


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