Wed May 16

SPX 4 hour falling wedge now looks like a continuation pattern (so bearish)

SPX bearish daily & weekly charts are too strong for reliable counter trend
rallies atm.

SPX 4 hour chart possible falling wedge (bullish) should result in
good short cover rally.

Yep USDX daily chart is very overbought & it’s time for a dollar
retracement which should be stock bullish.

USDX daily is now very overbought.

SPX daily chart downtrend strengthens and overdue USDX rally

The big picture Wile E. Coyote market top.
SPX Monthly April 4 2012


I read comments but they're not published. Troll IPs are automatically trashed. [crinia AT gmail DOT com]

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