26/10/2011

End of manipulation, market back to normal again.


After having been unable to drive the manipulated DOW trend higher than the resistance at 11.846.3 on close, 2hr chart, which I mentioned in my last blog, the real market forces took over and pushed the Dow back to the real trend. This is part of my proof that a manipulated trend always come back to normal. But the longer it goes on the steeper and quicker the fall will be. Now we are back to the real trend and the manipulators are gone. The trend will from now been driven only by the market forces, except eventually for very small trends, one or five minutes.
What happened from CET 02:00 today in Asia and Europe until 15:00 with the Dow, I will give you my take on now. The sudden unexpected drop during Tuesdays US session did take even the manipulator by surprise. I said it would go down to the 11.640 area but it only came to 11.680 points. Asia and Europe should do that. However the manipulators got into the DOW futures when Asia opened and stopped any selling pressure, and put the Dow in a false uptrend. That uptrend finished with a strong and quick rally aimed at take out the last short positions and sells the top by the manipulators. Yes the manipulators are gone but now we have to deal with the real professionals computers the rest of the day because there might be sort of surprice when European Union presents its program to save the euro.

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