This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford
Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj
Saturday, 14 June 2014
Ftse250- Top could be in
I believe we have probably seen the top in Ftse250
a "double 3" pattern ie 2 three pivot tops so potential for a fast move down
Long Term Count: http://i1283.photobucket.com/albums/a545/EliotRosewater/LONG_TERM_COUNT_zpse65d47f2.png
ReplyDeleteWatch for Monthly Breakdown: http://i1283.photobucket.com/albums/a545/EliotRosewater/MONTHLY_CHART_BREAKDOWN_zpse3ce2ebb.png
Tech is in the Wheelhouse: http://i1283.photobucket.com/albums/a545/EliotRosewater/TECH_zps5185bde1.png
Goodman Compensation Calculation (Tech Chart): http://i1283.photobucket.com/albums/a545/EliotRosewater/GOODMAN_Target_zps140c8761.png
-Eliot Rosewater
AUDUSD is breaking out: http://i1283.photobucket.com/albums/a545/EliotRosewater/DOLLAR_COLLAPSE_zps56d38544.png
ReplyDeleteDollar Midterm Election Cycle Supports:
http://i1283.photobucket.com/albums/a545/EliotRosewater/Dollar_Collapse_001_zpsae4ee6a9.png
-Eliot Rosewater
Maybe the Flemish Will Help: http://i1283.photobucket.com/albums/a545/EliotRosewater/EUROPE_ASSIST_zpse77e6169.png
ReplyDelete-Eliot Rosewater
YEN.
ReplyDeleteDaily is bearish below the downsloping green line: http://i1283.photobucket.com/albums/a545/EliotRosewater/YEN_zps7c24e4da.png
Weekly is bearish: http://i1283.photobucket.com/albums/a545/EliotRosewater/YEN_001_zps7e262c66.png
Monthly is teetering on the edge: http://i1283.photobucket.com/albums/a545/EliotRosewater/YEN_002_zpsa5aa3fae.png
Rather than post reasons (like 161.8 FTSE off 2009 low), here is the best and tightest actionable chart I have found if it has any value:
ReplyDeleteBulls are safe above OEX 804.74.
When that falls, it is the long term short entry (and watch for lines to break in the washout for corroboration).
Chart: http://i1283.photobucket.com/albums/a545/EliotRosewater/WILL_IT_FAIL__zpsab563c44.png
Hi Wile! CR stop posting at the toxic cess pool!
-Eliot Rosewater (aka SJ).
Thanks for all the charts SJ
ReplyDelete