[vc_row][vc_column][vc_separator border_width="5"][/vc_column][/vc_row]
[vc_row][vc_column][vc_column_text]
The Jobs Numbers came out today,
That was a clear miss!
But as always with Government Stats,
The devil is in the details.
And for the details on employment data,
I usually want to see what Karl Denninger at the market ticker has to say.
Heres his latest take on the jobs data.
http://market-ticker.org/akcs-www?post=233910
It is an interesting take on the data if you have the time.
I am posting early tonight as I am on the road in the campervan!
I have an internet connection now,
and I may not have one later.
Strike while the iron is hot!
[/vc_column_text][/vc_column][/vc_row]
[vc_row][vc_column][vc_separator border_width="5"][/vc_column][/vc_row]
[vc_row][vc_column][vc_separator border_width="5"][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]
US 10 yr Treasuries.
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_separator border_width="5"][/vc_column][/vc_row][vc_row][vc_column width="2/3"][vc_custom_heading text="30 min" use_theme_fonts="yes"][vc_column_text]
[/vc_column_text][/vc_column][vc_column width="1/3"][vc_custom_heading text="4 Hours" use_theme_fonts="yes"][vc_column_text]
[/vc_column_text][vc_custom_heading text="Daily" use_theme_fonts="yes"][vc_column_text]
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]My Bias: topping in a large correction wave [4].
Wave Structure:
Long term wave count:
Contracting triangle possibly complete and an impulse wave down now beginning again.
[/vc_column_text][/vc_column][/vc_row]
[vc_row][vc_column][vc_separator border_width="5"][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]
SILVER
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_separator border_width="5"][/vc_column][/vc_row][vc_row][vc_column width="2/3"][vc_custom_heading text="30 min" use_theme_fonts="yes"][vc_column_text]
[/vc_column_text][/vc_column][vc_column width="1/3"][vc_custom_heading text="4 Hours" use_theme_fonts="yes"][vc_column_text]
[/vc_column_text][vc_custom_heading text="Daily" use_theme_fonts="yes"][vc_column_text]
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]My Bias: topping in a large correction wave [4].
Wave Structure:
Long term wave count:
Silver is approaching the end of wave (c) blue.
I am looking for an impulsive wave to form off the eventual low to signal a turn higher.
[/vc_column_text][/vc_column][/vc_row]
[vc_row][vc_column][vc_separator border_width="5"][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]
S&P 500.
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_separator border_width="5"][/vc_column][/vc_row][vc_row][vc_column width="2/3"][vc_custom_heading text="30 min" use_theme_fonts="yes"][vc_column_text]
[/vc_column_text][/vc_column][vc_column width="1/3"][vc_custom_heading text="4 Hours" use_theme_fonts="yes"][vc_column_text]
[/vc_column_text][vc_custom_heading text="Daily" use_theme_fonts="yes"][vc_column_text]
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]My Bias: topping in a large correction wave [4].
Wave Structure:
Long term wave count:
A possible ending diagonal is forming in wave 'C' of (2) and we should be very near the end of that wave.
[/vc_column_text][/vc_column][/vc_row]
[vc_row][vc_column][vc_column_text]
That marks the end of another weeks work.
The markets are stuck in the summer slow season at the moment.
I expect that will be shaken off by the end of August and we could see some real fireworks again.
I will post the video tomorrow;
Once my internet connection improves a bit!
Next week I will begin nightly analysis of the three new markets.
God's speed to you all.
Goodnight.
[/vc_column_text][/vc_column][/vc_row]
[vc_row][vc_column][vc_separator border_width="5"][/vc_column][/vc_row]