Archive for May, 2012

Thurs May 31

31 May 2012 - 2:49 pm UTC

GBPAUD & GBPNZD daily chart downleg commences.

Some market equilibrium returns as USDX selling pressure & SPX buying
returns.

Market dislocation worsens: a serious development.
Bearish oversold SPX daily / weekly conflicting with overbought USDX.

Despite drachmageddon, USDX daily chart still overbought & SPX oversold
so should be stock bullish this week.
This should also be Gold & Silver bullish.

Realtime updates:
http://twitter.com/grandsupercycle

Tues May 29

29 May 2012 - 1:41 pm UTC

Despite drachmageddon, USDX daily chart still overbought & SPX still
oversold so should be stock bullish this week.
This will be Gold & Silver bullish too.

Mon May 28

28 May 2012 - 2:13 pm UTC

USDX daily chart is still overbought & needs more retracement.
This should be stock bullish.

Sat May 26

26 May 2012 - 4:06 pm UTC


S&P 500 (aka SPX) weekly chart showing big picture rising wedge
(bearish)

Fri May 25

25 May 2012 - 4:15 pm UTC

USDX daily chart is still overbought & needs more retracement.
This should be stock bullish.

Thurs May 24

24 May 2012 - 12:21 pm UTC

Despite bearish Greece news, USDX daily chart is still overbought &
needs more retracement.

Wed May 23

23 May 2012 - 10:23 am UTC

An important development today as equity market consensus
improves with sellers more in control.

Market reaches consensus at last. Bears you’re now in control [until we get
more QE intervention]

SPX bearish weekly influence & USDX bullish weekly influence just won’t
go away. The big sell off can’t be too far away.

Greece worries interrupt SPX counter trend rally & USDX pullback.
SPX/DOW bearish weekly chart strengthens.

Tues May 22

22 May 2012 - 4:02 am UTC

USDX retracement & equity buying expected to continue.
SPX 8 hour chart remains bullish as counter trend rally continues.

Good USDX retracement & SPX counter trend rally expected.
Weekly SPX remains bearish and this won’t change.

Realtime updates:
http://twitter.com/grandsupercycle

Fri May 18

18 May 2012 - 2:58 pm UTC

The SPX 4 hour chart falling wedge was a continuation pattern and bearish
daily & weekly chart warnings are now confirmed…
SPX daily is oversold now.

USDX daily remains very overbought.

Realtime updates:
http://twitter.com/grandsupercycle

Thurs May 17

17 May 2012 - 1:39 pm UTC

FX + USDX + SPX dislocation is getting worse.
Correlations are breaking down. Scary stuff.

GBPAUD bearish warning returns.
EURGBP bullish warning.
AUDUSD bullish warning.

SPX buying & potential 4 hr bullish falling wedge returns.
USDX daily chart retracement still expected.