.

It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford


Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
.


The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj


Saturday 31 October 2015

Ftse (daily) .....will be interesting to see if the wedge breaks on Monday





Thursday 29 October 2015

FTSE

clearly the 50% retracement level is important...........expanding wedge pattern ?






Dax

10800 is a Gann level (3 x 360 ) (x10)
it is also 3 times the 2009 low


a 13,34 ema cross would be a reasonable trigger

Wednesday 28 October 2015

something like this for the bearish scenario ?



NYSE





Tuesday 27 October 2015

Ftse

a couple of closes below 6400 would indicate a high of some sort might be in for now


Sunday 25 October 2015

nice charts from Korelli (US,UK and high yield debt )

http://korelli.typepad.com/blog/2015/10/spx-nyse-comp-jnk-ftse-british-pound-25th-october-2015.html


not sure about the wave count in this one.....:-)

 

Ftse

we got the spike I was looking for on Wednesday but bears now need to say a fairly swift reversal as much further strength would take out important resistance

On the cash index the 50% retracement line is at 6445,right where we closed on Friday






Saturday 24 October 2015

chart by Kimble


Wednesday 21 October 2015

setting up for a spike short term ,which could give our selling oppurtunity ?


Crude

a decline to the lower BB could be a buying oppurtunity,seems to some symmetry (foldback pattern ?)


Tuesday 20 October 2015

NYSE

masses of resistance overhead




maybe a November low,like 2011 ?


Sunday 18 October 2015

Dax


Coffee


Ftse

If this bearish view is correct then we need to reverse soon at or below horizontal resistance. I am inclined to say 6400 is the big level but we could push a little  higher.....above 6500 I would have to rethink.


here is the same chart plotted for calendar days rather than trading days,the angles seem to work better



Friday 16 October 2015

Dow neckline test

looks to be limited upside from here,maybe a spike to the faint upper horizontal line ?


Thursday 15 October 2015

FRES

last week was a major power candle (elephant bar) and this week is following through
(this is a major silver producer,based in Mexico ,listed on the FTSE







Ftse

failed break of the ema


SPY candles

some nice clean candle patterns


S&P


chart below by Ron walker with trendlines added


NUGT

chart posted Sep 14....breakout


Wednesday 14 October 2015

Gold

I drew attention to the bullish engulfing candle on Oct 4 and to the bullish ma alignment the next day and we have seen nice followthrough


how with deals with this 50 % level should offer a clue to its strength


Dax

update of Friday's chart....2 red candles after reacting at resistance


with the 5 day rsi


MA signal given early on 15min chart,not confirmed yet on 60 min







Tuesday 13 October 2015

http://libertyblitzkrieg.com/2015/10/12/merkel-surprised-as-hundreds-of-thousands-march-in-berlin-against-ttip-corporate-dictatorship/

"In what is being described as the largest German protest in recent years, hundreds of thousands of enraged citizens descended upon Berlin over the weekend to voice their collective displeasure at the government’s attempt to consolidate corporate dictatorship by passing a democracy killing agreement being marketed as a “free trade” deal, known as the Transatlantic Trade and Investment Partnership (TTIP).
The TTIP is basically the TPP but between the U.S. and Europe as opposed to the U.S. and Asia and parts of Latin America. Like the TPP, it further consolidates corporate power, destroys consumer protections and has been negotiated entirely in secret"
possible short term wave count for the S&P






 longer term charts,Nasdaq :




Friday 9 October 2015

Thursday 8 October 2015

Ftse



2000 seems like a decent reversal level


Wednesday 7 October 2015

Ftse

broad resistance in the 6300-6400 area


Tuesday 6 October 2015

Gold

Im feeling more and more positive about gold here....this is the daily chart.Next step needed is to clear the 100dma


Sunday 4 October 2015

Gold

very bullish looking engulfing candle



http://www.armstrongeconomics.com/archives/37732

"Russian warplanes have been targeting rebels trained by the U.S. Central Intelligence Agency exposing US policy placing Moscow and Washington on opposing sides in a Middle East conflict for the first time since the Cold War. This should be a great concern because whatever has been the focus on the precise day of the ECM is what becomes the important event. As the economy in Russia turns down, the government needs a distraction and this is it. We will see the same trend emerge in the USA when the economy turns down for war is necessary to distract the people from the non-establishment candidates for 2016 and the social defaults as well as the need to raise taxes for war."

SPY


Dax




FTSE


Saturday 3 October 2015

RRS

bouncing strongly from the Gann support levels I posted here few weeks back