Archive for September, 2013

Mon 30 Sept

30 September 2013 - 5:07 am UTC

FTSE daily & weekly bearish diamond pattern confirmed.

SPX choppy daily chart downtrend strengthens.
As mentioned, good downside awaits.

Global indices daily, weekly & monthly charts continue
to break down. See sticky posts above.

As mentioned, all parabolic charts eventually collapse:

Fri 27 Sept

27 September 2013 - 2:54 pm UTC

SPX etc daily chart choppy downtrend develops.
Good downside awaits.

Thurs 26 Sept

26 September 2013 - 6:24 am UTC

REPOST: Despite everything that’s thrown at it, DXY [USD]
fights back & daily chart warns of more upside.

SPX bear stops triggered and now back to selling as usual.
Rinse & Repeat.

Unrelenting buy support warns of more SPX bear hunting
rally which will trigger stops & ramp market higher again.

Wed 25 Sept

25 September 2013 - 2:45 pm UTC

SPX 8 hour shows H&S pattern [so bearish]
Wile E Coyote sell off gets closer.

AUDUSD daily/weekly chart shows megaphone wedge so big
move awaits.

Tues 24 Sept

24 September 2013 - 10:19 am UTC

Despite everything that’s thrown at it, DXY [USD] fights back
& daily chart warns of more upside. Weekly remains bearish after
non-taper sell off.

NZDJPY daily chart bearish warning confirmed as downtrend develops.

SPX daily chart downtrend develops further.

Mon 23 Sept

23 September 2013 - 12:06 pm UTC

SPX daily chart bearish warning confirmed as choppy downtrend
develops.

DOW 4 hour chart H&S [so bearish]

TOO MANY MIXED SIGNALS FOR USD DUE TO QE CHART
DISTORTION.

AUDUSD 8 hour chart gives bullish warning.

SPX daily chart bearish warning strengthens & selling
pressure expected to increase.

Sun 22 Sept

22 September 2013 - 5:56 am UTC

FED Up Tapir contemplates debt ceiling.

tapir2

Fri 20 Sept

20 September 2013 - 6:52 pm UTC

SPX 8 hour [& daily] chart down leg commencing is confirmed.
As mentioned, Wile E Coyote equity collapse remains guaranteed.

Due to technical damage sustained by non-taper announcement,
DXY weekly chart is now bearish with risk of further weakness
or collapse in the event of debt ceiling complications /
govt default. A Euro collapse will obviously complicate things
further.

Thurs 19 Sept

19 September 2013 - 7:53 am UTC

SPX 8 hour chart starting down leg after FED squeeze.
Opposite for DXY.

MIXED SIGNALS NOW > USDCAD

Very overextended GBPUSD 8 hour chart commencing pullback.

USDCAD 8 hour H&S continues [ie bearish]

Excellent AUDUSD & EURUSD non taper squeeze thanks
to more QE crack from FED. The USD sellers from last week
& this week were correct.

Wed 18 Sept

18 September 2013 - 5:15 pm UTC

More insiders get long AUDUSD before taper announcement.