Tuesday, 31 May 2011
Monday, 30 May 2011
IHG
We nailed the top on this some weeks ago,using a combination of Gann and EW techniques.The next stage would be for a bear cross of the ma's signalling the double top pattern complete
Sunday, 29 May 2011
Dow 60 weeks cycle
This cycle reinforces some of the other ones highlighted in previous posts.........low on the 50x1 ?
Antofagasta - gap fill,neckline test
Looks like C of an ABC correction and neckline test.This view does not allow for much further upside
Ftse
I believe FTSE been undergoing distribution since early January.Bulls will argue we are consolidating above support before the next push and that the 200 dma is rising strongly underneath.We should soon find out which view is correct
Saturday, 28 May 2011
FTSE - bear set-up
if this is a 3rd LH we can expect acceleration down according to Gann's rule,the more so as the bigger pattern is itself a triple top
Silver
this is the chart posted May 7th....not sure whether we will reach 41 but obviously profits can be protected with stops now
SPX cycles
obviously,since first posted we have broken down from the channel,making it more likely the cycle cluster is a low
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