Indu 1-2-2-2-2 has a very sordid past.......

I have been mocking it now for 5 years.

It is currently acting like a very strong Magnet.

And if/once it gets there, after putting on a huge Show there, it decides not to hold it, then all hell will break loose.....

Just watch you and see........

 

It plunged thru this key level in July of 2011.......

And then for 3 months (from October to January),

It acted as hefty Resistance.

Can you see how it acted as hefty Resistance (then) ?

 

 

Yes..... I have been mocking it now for 5 years.....(it has a very sordid past, this level, as you can well see below).

 

INDU 1-2-2-2-2 ...........nw 2012

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Ibex 6000 - The Great Index of Spain !........

 

 

Let's Monitor this little Show it puts on here !

 

 

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Yep.....This Gildan Activwear's $25 Level, appears to be important :

 

 

Confirmation (of it's Break-Down) has just been seen toda) :

 

 

 

So..........At today's closing price of 24.51 - July GIL puts are bid/ask - 1.53/1.71

My Frankfurt 6500 Level : (just put on this (last) performance)

 

 

Just LOOK at that Level (below) !

 

 

Just LOOK at that Level (below) !

Toronto's 11,500 Level (is currently parked right on it) and...........tomorrow (June 1st),  is a Friday.

 

 

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And tomorrow (June 1st), is a Friday.

 

 

30 year bond yields now approaching Support Level......(but are not quite there yet however) :

 

Might as well make it 2.5 percent exactly.......*Just like they did there in 2009

 

Sorry for this super elementary observation......

But, maybe it is how markets "work". I dunno.

Google $600 !!!......

 

For which I was labeled a novice, because I was using this chart to display it :

 

 

Who cares how plain one's charts might be, as long as they "capture the action" ????

 

 

And here is the time period which you claimed was way better ;

 

 

 

And now (10 days later) ?.......It's down 250, to 12,147

Not patting myself on the back at all :

Just defending the merits of BASIC TA

 

 

Yes.......Y'know ?......By simply re-posting that week old post there.....

I reveal just how much I was on top of the scene......

Well ?.........My Indu 1-2-2-2-2 Show........Is silently and properly manifesting itself.

 

 

 

 

On this day here I wrote and said :

"Just park a bid down at $35 (for the world's largest gold miner)".......

 

 

And 30 days later it looked like this :

 

 

Not patting myself on the back AT ALL.......

 

Just defending The Merits of Easy TA

 

.......

 

On this day here I wrote and said that "CAT was Double Topping"......

And Man ! How I was characterized as being a Clown for suggesting that !

 

 

90 days later it looked like this :

 

 

Just defending The Merits of Basic TA....

 

In accordance with it's "Standard Rules of Thumb"

 

And for that I get characterized as being : A Stupid Useless Clown.......????

 

Unreal.

 

Y'know, I'd LIKE to be posting that on the Main Thread.....

 

In defence of the Merits of Basic TA

 

But Oh ! what a cocophany of criticism that would instigate !.....

.

Because people just simply can't handle the Truth (ie. : The Merits of Basic TA)......

.

Lol.....Take care my friend !

INDU one two two two two !.......

 

Where, yes it's important that it be all colored in....lol,  :

Whatever.