Crude

the break from this triangle should be a huge move...I put in some bull angles for the time being but will add bear angles if we weaken from here.This looks bullish for the time being but the monthly candle has a long tail at the moment,which is bearish

Michael Hastings

http://armstrongeconomics.com/2013/06/22/michael-hastings-coincidence-or-conspiracy/

http://globaleconomicanalysis.blogspot.co.uk/2013/06/fairy-tale-investing-believing-in.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+MishsGlobalEconomicTrendAnalysis+%28Mish%27s+Global+Economic+Trend+Analysis%29

SPX weekly Gann angles and candle patterns

last weeks candle was a bearish engulfing.Last weeks high looks like a good stop for swing trades

 from a Gann perspective it would be unusual if this was "the top" as the last range was bigger than the preceeding one (normally tops are preceded by contracting ranges). Does this mean Nenner's call was wrong ?

SPY

I am experimenting with Gann angles based on 0.618 and the 1x1 is offering support currently,along with the 2007 high, 157.52. I do think it will break but may take a while.Lots of things seem to point to a low late July

I posted this a few weeks ago.The combination of murrey math and Gann 50% off the low nailed an important looking top for the French index. Fundamentally France has a lot of problems and I like the downside potential here

The RUT broke the 3 lows on the 4th attempt.Blue lines represent measured moves (move up from gap = move down from gap ? and into gap support,one possibility)