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Rally Canceled, Down We Go!

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Good afternoon…

The reaction at 3720...was interesting.

The candle from yesterday sealed the deal for me. I’ve gone ahead and updated the same chart again to represent the current daily chart in the SPX. I’ve added several gaps that have occurred as you come out of the turns. If you’ll recall, I said the decline...is nothing more than a mirror of the advance. I added a couple of gaps from each to further drive that point home. If you look closer you can find more.

415251660_MidCycle-September302022.thumb.jpg.da308efe248c06377baaaedcf76207d8.jpg

For myself...I’m sitting here and doing what I’ve been doing for decades. I’m waiting...patiently. My eyes are on the 16th at the moment.  Although, the 16th is a weekend day.  So...the 14th and the 17th are what I will be watching(with emphasis on the 17th).

I'll repeat yesterdays theme...I'm not seeing anything out of the ordinary here.

Best of Luck,

TCG

 

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16 minutes ago, DrStool said:

Should be the high. 

Speaking of "highs...."

Let's see if we've all learned anything.

One of these $1.2m NorCal properties is a pot farm.

The other is just a lovely second home.

https://www.redfin.com/CA/Garberville/2849-S-Face-Ln-95542/home/116088036

https://www.redfin.com/CA/Willits/28751-Skyview-Rd-95490/home/120236547

Can you tell one from the other?

 

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1 hour ago, Jimi said:

Speaking of "highs...."

Let's see if we've all learned anything.

One of these $1.2m NorCal properties is a pot farm.

The other is just a lovely second home.

https://www.redfin.com/CA/Garberville/2849-S-Face-Ln-95542/home/116088036

https://www.redfin.com/CA/Willits/28751-Skyview-Rd-95490/home/120236547

Can you tell one from the other?

 

OMG

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1 hour ago, sandy beach said:

OMG

Bravo!

You found it!

Every listing heretofore has been of piker amateurs.

That industrial facility reveals why the price is collapsing, and it always smells of pot when you drive the freeways in this state.

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Just now, Jimi said:

Bravo!

You found it!

Every listing heretofore has been of piker amateurs.

That industrial facility reveals why the price is collapsing, and why it always smells of pot when you drive the freeways in this state.

 

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