Cable

reversal day on Thursday

Ftse

6 consecutive days showing resistance at 6920 Gann level,reversal day on Friday
We basically traded within the range of last Friday (20/02) aside from a small pop....breaking that low should lead to weakness

http://jonboorman.com/an-evening-with-ed-seykota/

Dow

Very important for bulls that 18000 holds on  any pullback.Last Friday was a convincing breakout but we had a spinning top and a doji this week followed by a bearish candle on Friday,with a possible evening star pattern

here is the SPY chart

http://www.safehaven.com/article/36806/audit-the-fed-weve-already-done-that-well-kind-of

http://www.shiftfrequency.com/george-washington-conspiracy-theorists-used-to-be-accepted-as-normal/#more-66863

Dax

I think the 90 td cycle kicks in today but it may wait for the 3 month HH = 6 month time cycle ? Lots of price time convergence however trend remains up and QE kicks in next week ...interesting :-)

DGE

Big surge through 2000 coming ?

Jeff York

http://jessescrossroadscafe.blogspot.co.uk/2015/02/gold-daily-and-silver-weekly-charts_20.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+JessesCafeAmericain+%28Jesse%27s+Caf%C3%A9+Am%C3%A9ricain%29

Dow

The Dow has been lagging stronger US indices.On Friday it broke through 18000

Gann rule of 3

ARM

Glaxo

EZJ

ANTO

Ftse

measured move resistance at 6940 on the futs and of course 6920 on the cash (2x low)

S&P

new highs,major resistance at 2150

we appear to be in a 5th wave of 3 or C from the October low.Resistance from the 1x2 Gann line and very extended from 200 dma

http://www.telegraph.co.uk/finance/personalfinance/money-saving-tips/11410509/When-will-a-loaf-of-bread-cost-21.html

https://www.opendemocracy.net/ourkingdom/steve-keen/keen-krugman-debate

Krugman thus supports what monetary reformers like Prof Steve Keen identify as the orthodox ‘Loanable Funds Theory’ – often (wrongly) defined as “Keynesian”. Professor Mankiw of Harvard, a prominent neoliberal economist, defines ‘Loanable Funds Theory’ this way: “Saving is the supply of loans – individuals lend their saving to investors or they deposit their saving in a bank that makes the loans for them.  Investment is the demand for loans – investors borrow from the public directly by selling bonds or indirectly by borrowing from banks.” (Mankiw, Macroeconomics, p.65).
According to this theory money for loans is provided by savers, and the ‘price’ (or rate of interest) for loans is determined by changes in demand and supply of ‘loanable funds’. Credit does not appear to enter into the theory. Mankiw and Krugman do not appear to accept that banks create credit--“out of thin air”--on the guarantee of collateral, a contract to repay over a fixed time period, and at a certain rate of interest. Instead, according to this view, they are simple intermediaries between savers and borrowers; between those who are ‘patient’ savers and ‘impatient’ borrowers.

Dax

possible price/time/angle convergence early next week

The part of the Irish administration charged with advising the government on the carve up and sale of our state’s (people’s) assets is called ‘New Era’. This utterly opaque entity is enormously difficult to get real information on. The current distraught and legitimate anger of the Irish community over the stealing of their resources in return for loans to bail out rogue bankers belongs at their door. Creeping privatization of energy resources, community and social services, health care and most importantly our sacred waters by an incestuous elite of corporate, bankster and political cronies sees little improvement in the oligarchical landscape of Ireland since the early 1800s. Different psychopaths – same old MO.
Read more at http://www.maxkeiser.com/2015/02/protester-arrests-and-jailing-continue-apace-in-bankerland/#WZUyt0mgwYh0W3tB.99

(thanks to Richard at Danerics for this,originally from Charles Hugh-Smith)  http://www.shiftfrequency.com/charles-hugh-smith-greece-and-the-endgame-of-the-neocolonial-model-of-exploitation/

SPY

Ftse

A reversal at or below 6920 would be a sell signal (2x Low)

Yen hourly...5 down ,3 up...should be followed by weakness when C is complete

REM

starting to move ?

Cable looks like it might need another spike down to the lows.Watching that 2 year cycle off March 12 should this occur

Cocoa

I posted the longer term chart of cocoa recently....we are looking for a reversal to confirm start of another leg down,perhaps a backtest of broken support line ? Daily ema's are in bull formation currently

weekly :

Lumber

bear flag ?

Dax

Korelli

http://korelli.typepad.com/blog/2015/02/spx-nyse-comp-jnk-ftse-british-pound-14th-february-2015.html

RRS

Important support being tested

Ftse

well the Ftse has been on life support since May 2012 ,looked like it was dying in Q4 last year nd is now threatening to break out presumably inspired by thepromise of "free cheese" from Draghi......
Price action next week or two is likely to be critical. Remember 6920 (2x low)

Dax

Here is the expanding wedge pattern I was looking at for the Dax.Fridays candle was a doji but the overall weekly candle was bullish .Bears were not able to sustain the dip back below critical 10800 level
 However the market is very overextended against the 200 dma,around 9700

Vix

Vix reversed below triangle,favors equity bulls for now

Cocoa

http://kingworldnews.com/man-predicted-collapse-euro-swiss-franc-time-running-global-financial-system/



" the Greek Finance Minister, Varafoukis, knows how to play this game because he is an expert at game theory.  He has now opened up a dialogue with China and Russia.  This is unacceptable to the EU and the United States.  Neither the EU nor the U.S. would welcome a Russian naval base in Greece.

Major Repercussions For Europe And The World

Regardless of the outcome in Greece, there will be major repercussions for Europe and the world.  The world is already very close to an avalanche of money printing and defaults.  Also, other countries in the EU are waiting to follow Greece.

In Spain, an even more radical opposition party than the one in Greece is now well ahead in the opinion polls and is likely to win the November election.  Their platform is a canceling of debts with the EU, public control over energy and banks and withdrawal from NATO.  And in Italy, all three opposition parties are anti-euro.  They are calling for a return to the lira.  This anti-euro sentiment is already spreading to France."

thanks to Wile for link 

 

https://www.opendemocracy.net/ourkingdom/steve-keen/keen-krugman-debate

https://uk.finance.yahoo.com/news/germany-faces-impossible-choice-greek-215326045.html

http://www.zerohedge.com/news/2015-02-10/how-russia-plans-retaliate-saudi-driven-collapse-oil

http://www.zerohedge.com/news/2015-02-10/man-will-never-be-invited-back-cnbc

Poundland

MM lines....

Dax backtesting

the stars are aligned....we just need confirmation (a reversal candle below or around 10800)

and a few hours later...sell signal on Dax.Bearish rejection of 10800 (3 times the low) and lower high