AUT

NFLX

CMG

Apple

 

 

sector charts

this public list by Patrick Karim has some excellent sector charts ! Quite a few look to be rolling over eg consumer discretionary and mining

 http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3132698

this count from Binve makes sense to me !

http://marketthoughtsandanalysis.blogspot.com/


https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhGd3PutDwfFb_4g-1bNq6fLzIIipPxIjXSVzgFObHW-nEROjrkpm1ip3MMKAKFqYvPpS2XdhbriSTBv5oabNFOX1QMVTghJeGD09V44lVAVNXpqLcyYsaR-MJtJSB-xbBLs1CE-atoF3eI/s1600/binve-Real_Secular_Bears.PNG

euro

well the euro shot through my 1.44-45 resistance zone as confidence in the dollar continues to plummet.
 Looking very overstretched vs the 77 dma and heading into a 6 month cycle.1 year cycle from low kicks in in June
 

TNA

Nasdaq

Very tough resistance immediately overhead

 

Russell

The Russell faces severe overhead resistance

SPY/S&P

 

 Ron Walker's chart shows that,short-term we may have started to break from a rising wedge

 

 

ANTO

much better than KAZ.......some support here and 200dma (not shown is supportive).Neutral on this till it is clearer..copper price not supportive at moment

matching ranges ?

 

 

Dollar

Chart of the dollar index from Columbia

Silver

 

   

  and chart from Gann360

 

Dax

 

Kazakhmys

One of the more bearish of the mining charts....DT in a LH position

Dow

Dow running up into 33% resistance from the low

 

 

ssec

Lower highs and a bearish weekly candle forming

FTSE

 

 

Hmy

here is a shorter term chart of Harmony...quite extended so a consolidation would seem likely,maybe 3 months

probably not a correct wave count but we are near the top of the channel

coffee

could be a bull flag but still think a correction likely.Macd looks weak

 

 

Breakout ?

This chart from Mike Breaux seems to me a good way to play the market.I really have trouble with all the bullish wave counts and I am not going to go into fundamentals (trash the dollar/inflate asset prices) but fighting the tape is not a good idea ad a system like this will keep you on board.

From a Gann pov we still have some cycles and symmetry that make me nervous but breaking above 3 tops is a clear buy signal and we have LH above 1333.5 (twice the low) on the intraday charts if not yet on the daily

http://spwavetrade.blogspot.com/

 

this chart from Mike gives a different perspective which is one reason why bulls need to be on guard.

silver

GBP

well,it was a bull flag..I am quite surprised !

 

interesting price and time symmetry plus there is the 1 year anniversary from the April 26 high.

 

 (charts from Ron Walker)

Harmony Gold Mining

 

looks really bullish !

Burberry update

 

 see Tuesday's post...looks like an exhaustion with overthrow of the wedge and slow stochs crossing

AAPL

break of this channel needed to clarify next move