http://www.telegraph.co.uk/finance/comment/jeremy-warner/9837996/Enjoy-the-stock-market-rally-while-it-lasts.html

today was the 240 turn day.We got a reversal on the Rut daily chart but only a harami on the Spx..You could make a case for reversal on hourly chart.Lets see what tomorrow brings

http://www.tradertom.com/point-of-no-return/.           Interesting post from Tom Hougaard

Are we there yet ?  Daneric's wedge looking very ripe

 http://danericselliottwaves.blogspot.co.uk/2013/01/elliott-wave-update-29-january.html?m=1

http://stocktwits.com/message/11770975.  Dax chart from Nouf suggests 7899 may be needed for a top.  
Which fits what I have been thinking

http://mediacdn.disqus.com/uploads/mediaembed/images/424/4483/original.jpg.

http://mediacdn.disqus.com/uploads/mediaembed/images/424/4483/original.jpg

http://mediacdn.disqus.com/uploads/mediaembed/images/424/4483/original.jpg


      Nice charts from TopPickersInc on Danerics blog


http://mediacdn.disqus.com/uploads/mediaembed/images/424/4483/original.jpg. Also check this 
public list out Trend Channel Magic

Dax

Can't update the chart unfortunately but I want to see a wedge break here,soon http://chartramblings.blogspot.co.uk/2013/01/blog-post_8.html?m=0

I am still unable to post charts due to PC problems (using my IPad now). I want to commend this week's report by Ray Merriman,MMA Cycles forecast. I am not especially into astrology though of course aware that Gann was a keen student.I often read Ray's free weekly reports and this week's is especially good.A friend in the City  who subscribes to his paid report is also very complimentary,especially with regard to his reversal days.

SPX 240 from Jun 2012 low Dow 1800

Another Gann relationship to watch is the 240 point/240 degree squaring from the Jun 4 1266 low,which comes in this week.Wednesday is 240 days,240 degrees comes in on Fri/Sat I think .1506 would be the price level

For the Dow we could be looking at 1800 points/240 days. The low was 12101 so 13901 is the level.Fridays high was 13895.
the Russell low was 730,add 180 gives 910

Ftse low was 5230, add 1080 gives 6310.Ftse bottomed earlier,June 1st

These numbers are based on the circle of 360.

GBP

cable analysis from Nouf

http://3.bp.blogspot.com/-FDUJ8cXydVs/UQPBAK3P0wI/AAAAAAAAIMw/QS8VsbynaY4/s1600/ye2671.png

Time to sell ?

I am unable to post charts due to technical problems.We hit 7850 on the Dax on Friday,which was a Gann target ( see earlier posts) and we have a 45 trading day/ 900 point Gann cycle in play. 7882 was actually the upper band of targets,33.3% from the 5913 low,7850 was the mean.I am inclined to say we should sell here as the message from other markets is also in synch. Eg the Spx hit 1503 which is range equality for the 1343 to 1448 move,measured from  1398. I posted 900 as a target for the Russell a few weeks back.Obviously the safer play is to wait for a reversal candle and we do not have one yet. we are clearly in some kind of blow-off move and it is always possible we could extend further so I am not advocating all-out abandon :-). Joanne Klein has some very nice charts on P5 of her public list and you could do worse than watch the 60 min chart of the Spx for a sell signal such as a break of her BC line and perhaps even wait for a lower high,Gann's safest place to sell. Ron Walker's charts (chartpatterntrader) are always good to monitor too.eg watch for a bear cross of the ema's on his 30 or 60 min charts.For Ftse I am thinking it should be tough to sustain levels over 6250 (Murray math) and maybe wait for a clear reversal and close below this level.We bottomed at 5605 which was 20 points below the previous MM level of 5625.

 Good luck and I hope to be able to post charts again later in the week.

Edit     a reasonable sell trigger would be a bear cross of the 3 and 10 dema on the Dax chart I posted earlier this week

I would also commend the charts in Sqwii's free weekend update (link on my blog list)

tops take a while to form and you usually see 3 highs on a daily swing chart. We hit Gann wheel resistance at 1493 yesterday and my feeling is we could top between here and 1510

wave count for NYSE from Ron Walker

Watching 45 td/900 points   ie 7850 eow

http://www.safehaven.com/article/28489/2013-outlook-witches-brew-part-1?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+safehaven%2Fall-articles+%28Safehaven+-+Most+Recent+Articles%29&utm_content=FeedBurner

 None are more hopelessly enslaved than those who falsely believe they are free." - Johann Wolfgang von Goethe
A Unholy Alliance has emerged: Banksters, Big Business, Trade Unionism, Main stream media and Government = Rampant entrenched FASCISM!

• Fiscal cliff bill nothing but a payoff of the groups above ($1 billion in campaign funding = $10's of billions in payoffs)
• Small and medium sized businesses taxed (the real private sector) and regulated OUT of BUSINESS and looted by central government.
• The spoils redistributed to crony capitalists and special interest supporters.
• Taxes and regulations rise for all but the above and the public at large (this is no victory for the middle class)
• Main stream media manipulates Useful idiots and the public at large
• 41 dollars of NEW revenues for every 1 dollar of spending cuts (progressive governments definition of balanced)
• We have entered the age of UNLIMITED GOVERNMENT!
• Centrally controlled economies and the unlimited corruption that goes with it...

"You never want to let a serious crisis go to waste." - Rahm Emanuel, February 9, 2009

Spx

resistance on Gann wheel 1493 ?  360* from 1343

Nasdaq chart from Ron Walker

http://theeconomiccollapseblog.com/archives/10-things-that-every-american-should-know-about-the-federal-reserve

http://www.safehaven.com/article/28476/market-report-time-to-put-on-the-bear-suits   EW bear setup from Nouf

excellent interview with Doug Casey

http://www.zerohedge.com/news/2013-01-18/doug-casey-we-are-living-middle-biggest-bubble-history

 "the USD is just an unsecured liability of a bankrupt government")  

looks like a dark-cloud cover candle on Friday bears need to break the neckline early next week

http://www.deutschebulls.com/StockPage.asp?CompanyTicker=^GDAXI&MarketTicker=XETRAX&Typ=I

Spx

FtseAllShare

It is relatively easy for evil to flower,if the conditions are right. I ponder this a lot when I listen to people like Alex Jones and wonder how much credence to give their arguments on NWO,tyranny,False Flags etc

This is an interesting post from Jesse's Cafe Americain

http://jessescrossroadscafe.blogspot.co.uk/2013/01/hitlerland-making-peace-with-devil.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+JessesCafeAmericain+%28Jesse%27s+Caf%C3%A9+Am%C3%A9ricain%29


"The capacity for self-delusion and a bad compromise is amazing, especially during periods of confusion, fear, and distraction. And the moral base in Germany at that interwar period was already notoriously relativistic and given to occultism, odd theories, and Nietzchean extremes.  And after war, hyperinflation, and a new Depression, their spirit and will to resist evil was simply exhausted, especially when it was backed by systematic terror and force.

We ought not to be too critical of those people, many of the Americans included, who did not see the worst coming. Did you see the recent financial collapse coming, and what has followed? Do you even understand it yet? History may be amazed at your ignorance. And yet all the signs of trouble were there during the period from 1999 to 2007.

Some people were warning of the credit bubble, the imbalanced financial sector, and widespread fraud.  And the American people were distracted by a 'war on terror,' and not the collapse of their lives and savings after the decimation from a brutal world war that left the flower of their youth dead, crippled, or broken."

Bryce Gilmore's article on WDGann

http://www.bonniehill.net/pages.aux/gann/bgilmore/gannintro.html

Dow

I feel upside is probably limited here but we could churn sideways before the big move some are expecting

Lumber

Lumber bottomed around the same time as the stock market and looks to be forming a top here with the shooting star weekly candle 4 weeks ago
392 is 2.618 x 150

Jeff Cooper

http://www.minyanville.com/mvpremium/2013/01/17/major-five-year-high/

Beans - bounce on cue

http://www.safehaven.com/article/28432/brexit-talk-with-nigel-farage-underestimating-sheer-fanaticism-barrosos-highly-paid-chauffeur-driven-lifestyle?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+safehaven%2Fall-articles+%28Safehaven+-+Most+Recent+Articles%29

http://www.zerohedge.com/news/2013-01-16/it-will-take-fed-seven-years-deliver-300-tons-german-gold

http://www.safehaven.com/article/28413/spx-follow-up-of-the-short-term-ewp

Dax

We broke the 10 dema and broke 9 day lows. The market is overbought and Germany  just had terrible growth figures (see Mish blog).I quite like shorting here with s/l above Monday's open but that is quite aggressive and we didnt hit the 7850 mean Gann target posted a few days ago so I wonder if one more spike to come ?

MMT Critique

http://mercenarytrader.com/2010/12/weekender-the-trouble-with-modern-monetary-theory-mmt/

The Russell is very close to the 900 Gann resistance level I posted a couple of weeks ago.I suspect we could get an important top around this level

some dojis forming on the Dax,which has been trading sideways for 8 days and is 36 days from the low.Need a break of the 10 dema as a first indication of trend change.

VGK

bearish wave count for Europe from TBone

Ftse

some possible clustered  resistance from Gann circle numbers (ranges)

nearest futures chart :

Coffee

looks like a tradeable bottom

Jim Rickards

http://www.youtube.com/watch?v=kdPkaCTdxBU

 http://www.youtube.com/watch?v=SyFDrjEhm_8

another aborted signal....to say this is getting frustrating would be an understatement. I am losing faith in TA in these markets it has to be said...This should have been good for more than a one week move.  
Edit...patience. ...grasshopper :)

Europe outperforming - Kimble

http://blog.kimblechartingsolutions.com/2013/01/europe-doubles-sp-500-performance-over-the-last-6-months-there-should-be-more-of-this-to-come/

SLW

6 months up,3 months down ?  (Also 18 pts/180 degrees)

Ftse

Megaphone pattern ? 7th day reversal ?

Dax post from Andrea Calissano    http://www.safehaven.com/article/28316/dax-update-of-the-long-term-ewp?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+safehaven%2Fall-articles+%28Safehaven+-+Most+Recent+Articles%29

AAPL

Dax

Interesting how the Gann circle numbers are dictating the play.See how it moved from 540 to 720 =,180 points and reversed after 18 weeks,then declined from 720 to 600,120 points in 12 weeks.

The current 180 point range is 30 weeks old so it may require another 6 weeks before a reversal unfolds ? ( If we advance much higher this calculation would not be relevant obviously.) Also, we are 68 weeks from the low so I would watch 72 weeks,especially if the price range was around 2880 .In other words mid to late February may be an important time period. If price does continue to advance the major ranges are equal at 8149 ,close to  the all time high .We are also monitoring the Death Zone cycles pointed out at the weekend.Worth remembering the trend is up,above the 2x1 and we have crossed old tops

this chart hypothesises a mid-point around the Aug,Nov lows

Gold harmonic charts

http://mysquigglylines.blogspot.co.uk/2013/01/gold-geometric-time-price-harmonic.html#comment-form

http://marketweeklyupdate.com/2012/12/10/12092012-market-update/3pdm-2/

 a 3PDH perspective from Dr. Wu


http://www.munknee.com/2013/01/the-sp-500-continues-to-rapidly-build-its-domed-house-as-projected/

Silver

Chart by Chris Vermeulen   http://stockcharts.com/public/1992897

SPX Fanlines

BRBY

http://www.thewavetrading.com/2013/01/06/weekly-analysis-0106/

Euro

The euro looks to have gone "Risk off"

Gann "Death Zone" ?

I have just noticed that the move from June low is 7 months and the move from Nov low is 7 weeks ie nested Gann Death zone cycles such as were seen at the Gold high in summer 2010 and posted here at the time.

Cycles are cycles but mean nothing without pattern confirmation

Here it is illustrated by the Dax but obviously applies to Spx and most other indices

Another resistance zone is 7864 which is 1/3 from the 5913 low
7816 is 1/8 from the 6948 low

The 2nd chart hypothesises that the 5913 low was a 33.3% retracement of the final range and divisions of 9 are applied

Ron Paul "The Welfare-Warfare State" - enabled by the Fed's debt monetisation

http://www.safehaven.com/article/28283/ron-paul-on-military-spending-the-fiscal-cliff-bipartisan-politics-hypocrite-republicans?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+safehaven%2Fall-articles+%28Safehaven+-+Most+Recent+Articles%29

http://thecompletecoveragereport.blogspot.co.uk/2013/01/the-inflection-point-of-2013.html

RUT 50% from the low ?

also interesting that if you take the 2009 low, 342.6, and mutiply by 2.618 you get 897 so its a decent cluster of resistance at a natural Gann level (900)

Spx Gann lines/channels

http://www.rollingstone.com/politics/news/secret-and-lies-of-the-bailout-20130104#ixzz2H7NthPmh

Link found in Jesse's Cafe Americain

TLT

This chart is from PolishGenius   http://www.tradingdevices.com/

so is this