http://www.telegraph.co.uk/finance/comment/jeremy-warner/9837996/Enjoy-the-stock-market-rally-while-it-lasts.html
Thursday, 31 January 2013
Wednesday, 30 January 2013
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
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
Tuesday, 29 January 2013
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.
Sunday, 27 January 2013
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.
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.
Saturday, 26 January 2013
GBP
cable analysis from Nouf
http://3.bp.blogspot.com/-FDUJ8cXydVs/UQPBAK3P0wI/AAAAAAAAIMw/QS8VsbynaY4/s1600/ye2671.png
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)
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)
Tuesday, 22 January 2013
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!
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...
Monday, 21 January 2013
Sunday, 20 January 2013
Saturday, 19 January 2013
Friday, 18 January 2013
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."
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."
Thursday, 17 January 2013
Wednesday, 16 January 2013
Tuesday, 15 January 2013
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/
Monday, 14 January 2013
Thursday, 10 January 2013
Tuesday, 8 January 2013
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
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
Gold harmonic charts
http://mysquigglylines.blogspot.co.uk/2013/01/gold-geometric-time-price-harmonic.html#comment-form
Monday, 7 January 2013
Sunday, 6 January 2013
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
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://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
Saturday, 5 January 2013
Subscribe to:
Posts (Atom)