Playing Out the Scenario
Early trading today shows that we may be seeing the breakout from the top formation that keyed on the August 7 market action.
Apple and Walmart Diversion
Watch the Wall Street Diversion effort going on today with Apple and Walmart stock prices. A lot of money is being pushed into these two stocks to try and build an alternative scenario to the 700 points down in the Dow in early trading. I don’t think it is going to work, but we are living in a manipulated market psyche. Let it play out.
Here is the updated Fed Influence chart as of 9:15 AM CDT, and the downside breakout today. I believe this is just the start of a large event over the next month as the accumulated manipulation is dealt with..