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The SPX weekly charts look to have bottomed on the weekly and daily charts.  The monthly charts however are looking to turn lower.

Last wee's statement lasted Monday when a nice move UP took the index above the 200DMA.. That was short lived as the index moved down 1.53%, most of that on Friday.  

The weekly charts are oversold on some measures, but still turning down on others. The monthly charts are turning down from highs, and this looks to rule the direction of the markets for the near term.

If you want to own this web sight, make me an offer. (at least $20,000,000)

The SOX looks similar to the SPX, is close to a 12 month low.  The weekly and monthly charts look to go lower.

I call this DAY TRADERS PARADISE, and that statement continues.

 'My memory is thinking about some male in Merrill lynch in OP saying he was going to kill my father when I was 16, and punks in Painewebber making my father take me with him to the corporate woods office and him getting nervous. I believe they indeed murdered my dad out of inferior jealous hate of their better like I am, thus they all need national exposure and due punishment. The courts are a joke, so the entire way of civilized life here is over with. 

The Discretionary -  XLY hit a low, but is still below the 50WMA and 200DMA.  In bear territory, the index has been weak since the end of January. 

XLY was actually UP a small amount last week. The monthly charts, just like the SPX and SOX look to go lower.

  Minimum wage for me is $5,000,000,000. Based  on my BS MS ACT GMAT%, efforts, american Pay check/business license precedents. 

The XLE moved a small bit higher last week.  The daily charts closer to a high than a low like the other charts.  

Energy could the among the few sectors that move higher near term.

Paycheck precedent/business license precedent = everything to me, intelligent life, but we all come from 'different worlds, different rules/ideas/experience/legal precedents'. I am not always 100% right, and I am not Wrong.

My ideas here are objective, not based on 'what I look like' instead my life has been based in my mind on my ideas/intelligence, ACT% BSME, GMAT% MSM. Now in reality, if i was going by just 'looks' I might have become a part of such a group- of idiots in my opinion, but maybe lived an easier life and not be doing what I have done or am doing.  The easy was seemed to be a 'cop/out' when I was young, Now Easy seems 'smart' the optimal way to live/do things.

KISS = Keep It Simple Stupid 

HYG Junk, high yield bonds, indicating Risk 'on' or 'off'. 

HYG has held on near highs all year, with no significant drop to the 50DMA like other charts.

The long term charts are showing TOPS, but until they break down, the markets have some potential to stay UP and move higher.

Last week's statement holds true, but we might see a break down in junk this week, along with the broad market indexes.

 Established adults, are not as risk prone as teens or punk adults with nothing, thus nothing to lose. As I had some 'things' as a teen, I was not ever into punk games/pranks, just Billion$.  I came from a good father, and 'doing Right' was always RIGHT. Seems punks have taken over the stock broker offices, police, courts, colleges, and the punk wrong has killed my life so far, and probably killed my dad when I was 16.

TLT is replacing Dr. Copper. Interest rates are more relevant to markets these days.  The TLT goes UP when interest rates are going lower, and the SPX generally goes UP with the TLT these days.

TLT moved UP a good amount Friday vs the large drop in the SPX.  A move to safety might take the bond index higher for a while.

___________

'What does that have to do with the issue of trespassing and owning the place?' 

EVERYTHING GOES BACK TO  BASIC$

drone eye

Some people think, 'All that matters is what a person looks like' or 'where you live'  or  'what kind of car or home you live in'  These scum ignore what is most important, ACT% SAT% college degrees in what from where...... When talking to them or listening, they do not discuss issues, just babble like idiots,  They need to be flunked off the planet like the punk/flunks they are.