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Flash Crash July 14/15

Posted by Samb @ 10:06 on July 24, 2014  

I keep reading that the manipulators are losing their grip based upon the quick snapback after the 2 day flash crash. But, but, but they accomplished their mission, imho.  Now that the dust has cleared, we can see that the snapback produced a lower high and as of today a lower low. So, the Intermediate up trend was capped at only 6 weeks where normal should be 4 and 1/2 months., the normal cycles are still broken.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.