Fresnillo

Fresnillo (silver play)  found no resistance at 900 (50% from 600) so it may be headed for 1200 (100%)

this morning's price action ...close up of the wedge in chart below,with surmised backtest

Im not predicting we do this measured move but it is an option

Did the SPY just print a Pinocchio bar (false breakout)  ?  We should find out soon

Ftse250

Ftse

https://stormchaser80.wordpress.com/puetz-crash-window/

this is only a 30 min chart,ideally we want to see a similar mvg ave configuration on a 60 and 120 min chart

Dax bearish topping tails

S&P

S&P chart (with astro) from Brad Gudgeon

I am wondering if Ftse could have a vicious selloff down to the midpoint of the 3460-7122 bull market at 5291

My concern is that while looking for troubles in the East, investors are neglecting unsolved problems in the west,' says William Littlewood

.... while looking for troubles in the East, investors are neglecting unsolved problems in the west. In the context of poor growth, the high levels of sovereign debt in many developed nations are unsustainable. This has been masked temporarily by the actions of central bankers, who have suppressed interest rates to historical lows and in turn made borrowing costs appear manageable.  

http://www.telegraph.co.uk/finance/personalfinance/investing/12128140/China-in-crisis-Another-credit-crunch-in-the-West-is-far-more-likely.html

the recent rally in oil has helped Ftse but it now has a potential reversal setup and Friday's Ftse candle was a reversal candle and possible double top

http://www.telegraph.co.uk/business/2016/03/15/aep-us-inflation-rears-its-ugly-head-as-global-cycle-nears-dange/

Spending imbalances both within and between countries led to the crisis in 2008 and he believes a current disequilibrium will lead to the next.
To solve the problem, Lord King suggests raising productivity and boldly reforming the banking system.
He said: “Only a fundamental rethink of how we, as a society, organise our system of money and banking will prevent a repetition of the crisis that we experienced in 2008.”

Mervyn King

Ftse

some measured moves and projections

long term Ftse chart

FTSE

well I got my sell signal on Thursday then an unexpectedly strong candle on Friday....lets see what Monday and Tuesday bring

Crude

EWG

Ftse

NYSE

overextended against short term mvg ave.approaching trendline resistance,200 dma sloping down looms above

Dow

approaching the 200 dma

AUDJPY

http://wolfstreet.com/2016/03/04/palace-revolt-ecb-nirp-negative-interest-rates-by-bavarian-savings-banks/

The Association of Bavarian Savings Banks, which represents 71 savings banks in the German State of Bavaria, has had it with the ECB’s negative deposit-rate absurdity, and it’s now instigating a palace revolt.

Ftse Futs

Ideally the market should reverse Monday or Tuesday and decline for 3 months to complete a yearly cycle off March 29 high. I have 5260 as a possible level. Note this is the nearest futures,so cash index prices are slightly different.We have no sell signal currently and the major 50% retracement at 6266 may be a magnet for a final spike (equates to 6310 on cash)

Dow

Ftse