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Hi everyone
Happy Super BOWL SUNDAY  Go Giants 
I wish i could tell you that i can pick tops/bottoms in the stockmarket but the truth is that rarely happens even to the best. Yes we are very overbought and due for a correction, but you know the old saying "The Markets can remain irrational, longer than you can remain solvent!" So what I am thinking since we know everyone is looking for a correction. i even read on Twitter yesterday a firm say the bull run is over we will correction to 1285-1295 ! Well why didn't I get that memo?? lol
First of All let me say that we can continue much higher even in overbought conditions....and the volume just showed up this past Friday. In my humble opinion, why would the institutions let the Wave 5 retail traders push prices up higher for them (paper) so they can sell up higher. Now true Wave 5's don't overextend the Wave 3 that proceeds them. So being we have run up so much I would say to be cautiously optimistic, but don't hold overnight or take on too much risk. (as you never should) but be even more vigilant up here @ these levels.
Now could be very likely a false flag could be upon us...the Elite are fighting the elite for control. Hope they get squashed. I believe War is created to bring about a better economy. As with all
wars things get destroyed (human lives too :(((, but they want to build things
back up and that cost money. Thus companies (Boeing Haliburton, Exxon,
Pitney Bowes, Cat, Deere ect. make billions off of war. So sad this is
the route human at the top usually make. :((
Here are some different time charts on the SPY
The 60 minute
The 240 minute"
Now the Daily Spy
Also By TWD (thank you very much) an updated Russell TF chart
By tomorrow hopefully be still cheering the Giants
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