Zeev's Turnips Patch-No Politics (ZEEV)

[ajtj99]

FWIW, I think this advance may be done by either next Wednesday or next Friday. Wed is 34-days since the COMP 1776/NDX 1316 high.

It's also a new moon <G>

SPX breaking 1015 should move the SPX towards 1044 or so quite quickly. If the BTK breaks above 458, the NDX and COMP ought to advance rapidly also.

I believe the new highs are not as impressive as previous highs because we are at the end of a move and possibly near a multi-month correction. Leadership ought to be weakening at the end of a run, so this should be confirmation of what appears to be a wave 5 up in the indices.

Max Pain is 1300 NDX in September, so bears are probably going to be frustrated.

I'd like to see a high next week, an 87 point NDX drop from an expected high of 1375, a re-test, and a drop into expiration.

I'd also like to have world peace, a pet giraffe, and have my yard work done by supermodels.