Posts Tagged ‘Dow’

Tues 27 Aug

27 August 2013 - 8:47 am UTC

SPX / DOW / NASDAQ Daily / Weekly / Monthly Charts Continue
To Break Down.

CRUDE OIL short squeeze confirmed…

Warning – Geopolitical events cause buy pressure & conflict with
CRUDE OIL down leg.

REMINDER: DXY weekly & monthly chart bullish warning continues
@ despite rate suppression – USD RALLY awaits.

SPX choppy downtrend on daily chart continues.

SPX / DJIA / NASDAQ daily/weekly/monthly topping process
from extreme levels guarantees Wile E Coyote collapse – and
it’s getting close.

Mon 19 Aug

19 August 2013 - 12:36 pm UTC

MIB & IBEX indices, COPPER, PLATINUM choppy down legs
on daily chart commencing.

SPX choppy downtrend on daily chart continues.
CRUDE OIL downtrend on daily chart commencing.

Thurs 15 Aug

15 August 2013 - 11:53 am UTC


SPX choppy H&S on daily chart commences [ie bearish]

Wed 14 Aug

14 August 2013 - 5:47 pm UTC

EURUSD daily chart downtrend continues [ie bullish USD]

FTSE 8 hour chart bearish diamond pattern continues.

SPX / DJIA / NASDAQ daily/weekly/monthly topping process from
extreme levels guarantees Wile E Coyote collapse.

Thurs 8 Aug

8 August 2013 - 8:13 am UTC

FTSE 8 hour chart diamond pattern continues.

Wed 7 Aug

7 August 2013 - 9:44 am UTC

Bearish CRUDE daily chart continues to tell the real story.

3 Aug 2013_FTSE_contra
Another contrarian indicator: GS predicts FTSE will reach 7,500
a year from now.

Mon Feb 20

20 February 2012 - 1:19 am UTC

SP500 weekly chart as of Fri Feb 17

Despite mixed signals, FX markets today suggest stock bearish.

Bearish influence from overextended SP500/DOW/NASDAQ remains.

Gold and Silver not participating in bounce today…

Greek hopium stockbulls battle it out with overextended SP500/DOW/NASDAQ.

Additional Greek hopium results in USDX weekly chart giving bearish warnings
again. Naturally this will be market significant for stocks etc and aggressive
short covering spikes may result – maybe up through 1370 ?

NZDUSD diamond pattern from last week confirmed and now morphs into
megaphone wedge.

USDJPY overbought intra day gives bearish warning.

Euro hopium factor aside, SP500 1,363 should be the top.
Europe/Greece remains an unknown variable.

CADJPY short 80.054
EURUSD long 1.3230 [c 1.3261]
USDJPY short 79.501 [c 79.550]
GBPAUD long 1.4743 [c 1.4745]
EURAUD long 1.2258

Sun July 31

31 July 2011 - 12:06 pm UTC

Another explanation of the Wile E Coyote correction for certain readers who judging by their colourful comments did not read it the first time: I’m referring to the price action on the S&P500 chart at top of blog. It’s been suspended in the air for many months just waiting for gravity to take hold …

Thurs March 10

10 March 2011 - 12:38 am UTC

GOLD and SILVER down legs commence. See chart posted earlier for
the reason why. Gold last price $1,417

USDCHF long 0.9319 [closed 0.9338]

EURAUD long 1.3807 (good upside expected)

AUDNZD short 1.3637 [closed 1.3642]

USDCHF long 0.9331 [closed 0.9333]

GBPAUD long 1.6106 [1.6083]

EURAUD long 1.3786 [closed 1.3784]

USDCHF long 0.9326 [closed 0.9327]

AUDNZD short 1.3651 [closed 1.3658]

The very overdue Wile E. Coyote correction has arrived and a
substantial leg down has begun in my opinion.
Last DOW price 12,118

GBPAUD long 1.6046 [closed 1.6088]

USDCHF bullish basing continues.

I’m sticking with my Feb 22 call that the DOW top on Feb 18 2011
signals the end of the rally.

GBPAUD daily and weekly chart bullish warning strengthens and a
rally is expected.

COPPER daily chart bearish warning strengthens.
BHP daily chart bearish warning strengthens.
RIO daily chart bearish warning strengthens

GBPAUD long 1.6046

AUDNZD short 1.3788 [closed 1.3726]

GBPAUD daily and weekly charts continue to give bullish warning.

USDJPY choppy daily chart continues to give bullish warning so
choppy upside is expected. Weekly chart now gives moderate
bullish warning.

USDCHF long 0.9292 [closed 0.9290]

Wed Jan 12

12 January 2011 - 6:16 am UTC

XAGUSD short 29.89 [closed 29.76]
AUDUSD long 0.9918
USD weakness resumes. The fluctuating will continue until the
overdue DOW/S&P500 correction starts.
GBPAUD long 1.5766 [closed 1.5789]
XAUUSD / XAGUSD / XAGAUD daily chart bear warning continues.
XAGUSD short 29.89
EURUSD long 1.3011 [closed 1.2981]
EURUSD long 1.3011

DOW updated monthly chart shows the unstable big picture.
GBPCHF long 1.5241 [closed 1.5257]
That DOW daily chart head and shoulders was invalid and has
morphed into a triangle of some kind. I’m just waiting for it to roll over
and give a short entry. Key global indexes remain overextended and
overbought which means the trend reversal could be sudden.
GBPAUD long 1.5831 [closed 1.5859]
Will update my AAPL chart later today.
GBPAUD long 1.5831