Tony Robbins view on the economy and comments on the market and consumer spending.
Market slowdown effecting everyone and positions of Banks, borrowing and securitization. Business is not borrowing, they are not hiring and no matter how much they stimulate, the economy is not moving.

Part 2 continuing the conversation.
Also talks about education and the roll of learning what to do.

Tony Robbins on the economy, consumer spending and the housing market.
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S&P500 day trading course, you might have picked up on the news that there is the oncoming confirmation of a Hindenburg Omen.

hindenburg omen poster

A Hindenburg Omen is an indicator that is a technical analysis pattern that supposedly shows up prior (just) to a stock market crash based on the NYSE.  New York Stock Exchange.    It is based on a large number of stocks hitting annual highs as a large number of stocks hit annual lows.  The Hindenburg omen basically shows new lows and downside risk.

Here is the scoop:  The probability of a downside move over 5% is 77%.  Pretty nice odds.

Zero hedge has a break down and some information

S&P500 day trading course live room levels of support and resistance.

S&P500 day trading course chart 6-2

We are watching the S&P500 emini future in the after hours sink below the Point of control at 1075.25.

We shall see who remains in control.  Looking for a break of the 1067.25 support and a test to 1056.25 during intra day trading . with an extreme low around 1049.75 and a sell off low to 1019 as mentioned previously.

If we fail to move through this area in the next 3-5 days I would be looking for an Inverse Head and Shoulders pattern on the daily with an upside target around 1140.

I see resistance on the upside at 1079.50 and further resistance as price moves to the 200MA.

I think most Market Makers are sidelined as the Interest rate results will be out this week.

Watch out for more news with Greece as the British Economists are encouraging them to get out of the Euro Zone.