Posts Tagged ‘Wall Street’

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.


Fri 29 Nov

29 November 2013 - 3:58 am UTC

The current Wile E Coyote equity market.



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.

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

Sat Nov 6

6 November 2010 - 7:04 pm UTC

S&P500 Index upside target @ 1224 has been met – let’s see if this level marks the end of the upleg.

SP500 Financial Index weekly chart Fri 5 Nov inclusive shows
volatile and indecisive price action on this important index.

EURUSD short 1.4258

Sat Oct 16

16 October 2010 - 3:24 pm UTC

AUDUSD (belated) target for this up leg is .9990 – let’s see if i’m
right. Last price .9905

XAUUSD (gold in US dollars) updated monthly chart showing
parabolic move. These patterns can reverse similar to how they
went up.

FTSE weekly chart shows target band for this upleg.
See Oct 7 post for previous chart.