Archive for October, 2013

Sun 13 Oct

13 October 2013 - 10:12 am UTC

Reminder: Rallies caused by squeezed shorts & longs late
to the party = Wile E Coyote crash.

Reminder: Despite US dollar being trashed by QEInfinity,
non-taper, debtceiling dysfunction – the big picture monthly
chart remains bullish.

Advertisements

Fri 11 Oct

11 October 2013 - 3:38 pm UTC

Thurs 10 Oct

10 October 2013 - 8:36 am UTC

Yep, SPX squeeze rally confirmed…

Ongoing SPX buy support still risks another upleg before the
crash.

Wed 9 Oct

9 October 2013 - 4:15 am UTC

GBPJPY daily & weekly charts give bearish warning.

DXY daily chart gives bullish warning.

Recent USD strength invalidates previous bearish USDXXX
signals.

GBPUSD daily chart bearish warning confirmed & more
downside expected.

First DJIA target is 13,880

DXY bullish monthly chart continues to exert its influence
on weaker daily & weekly charts & more upside
expected as equities collapse.

Tues 8 Oct

8 October 2013 - 5:36 am UTC

As downtrend strengthens, first DJIA target is 13,880

SPX bears are now dominating & weak stocks are
dragging up DXY again. FX signals are too mixed atm.

Insiders keep selling USD.
What do they know ?

Despite DXY trashed by QEInfinity, non-taper, debtceiling
dysfunction – bullish monthly chart continues to fight back.

After SPX dumps – buy support returns.
A recurring pattern…

Mon 7 Oct

7 October 2013 - 6:40 am UTC

AUDCAD & AUDUSD d & w chart bullish warning strengthens
as DXY weakness increases because of non-taper, QEInfinity,
debtceiling etc.

NYSE session opens with substantial buy support which
will prolly trigger an upleg. I’m shocked.

Selling dominates once again during Asian session.
A recurring pattern after Wall street buy support
sessions and it’s another warning to longs.

Fri 4 Oct

4 October 2013 - 8:13 am UTC

It’s another SPX bear mauling session & shorts will be
screwed yet again.

Despite DXY being trashed by QE Infinity, non-taper, debtceiling
dysfunction – the bullish monthly chart continues to fight back…
 

Fri 4 Oct

4 October 2013 - 4:23 am UTC

AUDCAD & AUDUSD daily & weekly charts give bullish warning
as trashed DXY looks very sick thanks to non-taper, QE infinity &
US government dysfunction.

Reminder: the bearish equity big picture doesn’t change.
See blog sticky post for charts.

Thurs 3 Oct

3 October 2013 - 1:56 pm UTC

Looks like retarded stocks got the bear memo today…

Teslanaires: Another Market Top Indicator.
http://www.mercurynews.com/business/ci_23912622/how-teslanaires-made-fortunes-tesla-motors-stock
[No TSLA positions]

Reminder: bearish equity big picture doesn’t change.
See above for charts.

GBPUSD & GBPCAD daily charts give bearish warning from
current overextended levels.

NZDJPY daily chart still resuming choppy down leg with H&S.

Wed 2 Oct

2 October 2013 - 8:34 am UTC

Despite recurring SPX support & squeezes, the market
always reverts to selling. This should not be ignored.

NZDJPY daily chart H&S continues.