Emini Futures Meet GeoEngineering Watch
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Emini Futures - Is This The Top?
(05/12/14) Attention All Partners - Either my "under the weather" pattern is worse than I thought, or we are potentially approaching a major reversal of the newly christened CFRN 4 Horsemen #ES / #YM / #NQ / #RL .
If this reversal were to happen quickly and without warning, every talking head on #CNBC will be blindsided except the token Perma-Bears kept on board so at least somebody can pound their chest on any given day. Of course the lovely Jim Cramer is always right no matter what happens. Days before Bear Stearns imploded he stated they (BS) were uncategorically the safest investment on the planet. 2 days after the demise he was back in a little row boat screaming "I warned you".
So our Extreme Zone Indicator may be wrong for once in a blue moon. My best advice as we appear poised to peak tonight is the same advice we gave in the Live Trading Room today, talk to Burt @ 866-928-3310. He's our #Options guy and just because #Puts are "dirt cheap" up here with the bulls storming Wall Street and Main Street, it doesn't mean it's the right trade for you.
I can only speak from a historical perspective over the past 4 years of publishing Zones. If we crack the top overnight or early tomorrow, history says look out below.
... but hey, maybe this time it's different.
S&P 500 Emini Futures 05/12/14
05/14/14 #SP500 #Emini #WeeklyTradingZones have given CFRN Partners a beautiful ride so far this week. The first Zone to Zone move was from 1878/1879 up to 1884/1885, a 5 point move. Next we ran from the 1884/85 Zone up to our highest Weekly Trading Zone @ 1897/1898 which was good for 12 points.
Here we remarked that the potential for a sizable #ES down move could be in the cards. Today we did see the 12 point move back down to 1884/85. So far, price has traveled 29 Points from Zone to Zone to Zone to Zone. 29 points X $50 per point = $1,450.00 per contract.
As you can see on the chart below, the 1884/85 Zone has provided support now for 6 hours. Will it hold and launch a rally back to the highs? Or does the next move take us back down to the 1878/79 Zone?
It's one or the other... as always
S&P 500 Emini Futures 05/14/14
GeoEngineering Watch Interview w/ Dane Wiggington
On today's show we spoke for an hour with GeoEngineering expert Dane Wiggington for the first time. (2nd hour of the program)
What if there were a monumental environmental threat that you didn’t even know was happening? What if you found out it is affecting your health and that of people you know and love? What if you knew it was such an enormous problem that it has the potential to destroy our crops and trees, the soil they are grown in, our entire water supply, and whole ecosystems - and that if you didn’t act, we could never turn back?
We are not talking about fracking, nuclear energy, or the oil industry. We’re not even talking about climate change.
What if it came into use in an insidious way, just as GMO foods have come into our food supply without our knowledge? What if it appeared to be harmless, but it wasn’t? And what if it were so cleverly woven into our culture that we didn’t even see it anymore? What if it were so masterfully stigmatized and wrapped in controversy that if you thought it strange or concerning, you’d be scorned or ignored?
It sounds like science fiction, but it’s not. It’s happening right above you, and it’s called “geoengineering”. Be sure and listen to our interview today with Dane by clicking the headphones above. Beware, what you are about to hear may be very disturbing. Also, you will hear my rabid co-host vehemently deny the existence of everything short of life and his own ego.
Dane proved himself a true gentleman, unflappable in his demeanor as Mr. Wiliams beat the air with every possible "anti-conspiracy" theory out there... most of which had absolutely nothing to do with the topic we were discussing. Every time I leaned forward to stop the barrage, Dane's calm voice stilled the air waves. Truth mixed with evidence it turns out, is an incredibly heady elixir capable of soothing the most savage of beasts (almost).
Did today's show turn me into a believer? Well, let's say it convinced me of something I've suspected for a very long time, but that's a story for another day. Enjoy the interview! (The actual interview with Dane Wiggington and Wayne Jett starts at the beginning of the second hour and runs for 60 minutes so please feel free to fast forward through the first hour.)
Who is Dane Wiggington?
Questions?
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