Posts Tagged ‘Market Forecast’

Tues 15 April

15 April 2014 - 1:56 pm UTC

Advertising on chairlift in Aspen.

AUDUSD 8 hour chart down leg commencing.

Waiting for SPX / DJIA / NASDAQ etc monthly charts to finish topping
process has been like watching paint dry but longs will be given a
brutal surprise as it rolls over.

Goldman Sachs: Why This Isn’t 2000 All Over Again.
Goldman Sachs is telling clients that the stock market is unlikely to
pull off a repeat of its antics in March 2000, when the tech bubble
peaked and a market crash ensued.


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.

Thurs Dec 30

30 December 2010 - 11:45 am UTC

SP500/DOW/FTSE daily charts give bearish warnings.
DAX index daily chart has broken out of the rising wedge. (bearish)
EURUSD daily chart bullish signal continues. Weekly chart is neutral
and tracking sideways. Monthly chart is tracking sideways and
continues to give bearish warnings. Vice versa for USD.

As mentioned earlier, gold monthly chart looks parabolic and is a long
way from the long term trend line shown in green. Long term price
action is converging. Chart patterns like this can reverse similar to
how they went up…
I think it’s time I updated my XAUUSD (gold in USD) monthly chart …
AUDEUR short 0.7678
AUDGBP short 0.6568 [closed 0.6567]
AUDGBP short 0.6568
AUDNZD short 1.3401

DOW/SP500/FTSE/DAX daily charts remain overbought and

Mon Nov 1

1 November 2010 - 7:24 pm UTC

EURUSD short @ 1.3934

Been away from charts again and I see that EURUSD is tracking
sideways. Uncertainty and lack of market consensus dominates
yet again.

DOW/S&P500 etc daily charts remain very overextended.
When you stretch an elastic band too far – what happens ?
Pent up energy is suddenly released (the crash in late 2008 is
a good example)

Tues Sept 28

28 September 2010 - 4:57 pm UTC

DOW daily charts Mon Sept 27 inclusive showing rising wedge

Thurs Sept 23

23 September 2010 - 6:43 pm UTC

Yes, short signals detected yesterday have now increased for
SP500,DOW,NASDAQ,FTSE,DAX futures. Intra day charts are
bearish and daily are neutral. DOW futures last price 10650

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