Thurs Aug 9

If my calculations are correct today – 9 Aug 2012 – should be the SP500 top
of this upleg.

SPX Sell Off Will Happen When Short Covering Spikes Finish.

Another risk off warning: NZDUSD daily chart shows bearish megaphone wedge.

Warning of next leg down: SPX 8 hour chart reverts to bearish chop.

Stockbears, be prepared to put on your polka dot shorts in next few days
as impending sell off awaits.
Equity sell off will happen once all shorters have been burnt – resulting
in less short covering spikes.

Advertisements

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

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: