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Re: farooq post# 140

Tuesday, 08/16/2016 11:01:40 AM

Tuesday, August 16, 2016 11:01:40 AM

Post# of 280
Pain in the butt scalp market
Every move ends quickly so you have little wiggle room.

breadth can not even get to 2-1 negative.

so this is some kind of wave 4. they took ES/SPX out of the range
brought it back in so they may flush lower tomorrow then use the
FED minutes to rally hard.

made pennies on oil short so they are holding oil up.
So i suspect the inventory news maybe used to rally oil.

Make no mistake they are not going dump this market early
in expiration week.

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