Friday, 6 September 2013

S&P

here is my ideal scenario (so guaranteed something else happens ,lol)







it is adapted from this chart posted in July ,which did a decent job nailing the high (time and price)


at

9 comments:

  1. Trading Sunset6 September 2013 at 16:46

    hey CR, I'm with you on those.

    Despite the dumb Friday morning bounce..I think things are looking good for the bears.

    Indeed, I shorted the 'dumb bounce' at sp'1659.

    Have a good weekend

    ReplyDelete
    Replies
    1. Chartrambler6 September 2013 at 17:33

      Hey PD,yeah bit choppy and I got a bullish twin towers on the 2 hr now but daily doesnt look particularly bullish (hanging man below 50 dma ?) so we'll have to see.Have a good one yourself

      Delete
  2. Anonymous6 September 2013 at 16:50

    A CF pattern again. Deep pockets attempting to shore up the Fuku Market ? Kept my shorts although SQQQ is getting close to a stop. FXP stopped out a couple days ago and I redeployed those funds into EDZ today, since it took a larger hit and made LL. EWV (Japan short) has been the best performer. About ready to grab some PMs on evidence of a breakout.

    In the grand scheme, this move is noise:
    http://scharts.co/Z7sQkq

    Spank 'em down and put a sale tag on 'em:
    http://scharts.co/19pv7se
    Thank you, and thanks for the "frequent shorter bux" coupon. "I'll be back" next week. W

    ReplyDelete
  3. Anonymous6 September 2013 at 17:20

    Some secret video of a training program mandatory for all FED office workers and some of the G20 labor pool as well. (Note they speak Mandarin too.)

    http://www.youtube.com/watch_popup?v=BOjOGKu3jTc&feature

    W eee C

    ReplyDelete
  4. Anonymous6 September 2013 at 17:44

    Nope, CR. Just sick of dis Boole.

    Note TGG has converged with GLD at some lines of support.

    http://scharts.co/19pHG6Y

    ReplyDelete
  5. Anonymous6 September 2013 at 20:02

    "Ding!" That 1500x Dow tag was what I thought would be the top. A significant move above that and I'll be throwing towels with Permie and reverting to a paper trader.

    Implode!! u-b W

    ReplyDelete
    Replies
    1. Trading Sunset7 September 2013 at 02:51

      Well, the bears got a prime opportunity across the next 8 trading days - leading up to the FOMC of Sept'18.

      Weekly trend is still weak.
      Daily trend has seen a clear bounce...

      Bears need to whack this nonsense Mon/Tuesday...<1640..if not 1627.

      We'll know soon enough.

      Delete
  6. Anonymous7 September 2013 at 03:49

    Thank You CR for your contributions and blog this "levitating Wile" week.

    http://www.youtube.com/watch?v=kc823UD0LeU&NR=1

    ReplyDelete