31 votes
The Artist
Posted 14 August 2015 - 09:45 AM
So your thesis says 38000 before upper weekly BB?
Sent from my GT-I9300 using Sharenet Sharechat mobile app
IMO yes, the 7 year cycle should start putting more downward pressure on the markets!
But could see a nice rally here into month end to still get in short...need a spike in the SKEW index and the bullish sentiment is too low for her to start breaking down now!
A
"Never never never give up!"
Sage
Posted 14 August 2015 - 08:08 AM
IG CASH
Advanced Member
Posted 13 August 2015 - 08:20 PM
Certainly time will tell....as for me am an aggressive buyer if we dip to 100 week MA
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Shorter timeframe I'm also bullish!
A
The Wolf of ALSI
The Artist
Posted 13 August 2015 - 04:11 PM
Certainly time will tell....as for me am an aggressive buyer if we dip to 100 week MA
Sent from my GT-I9300 using Sharenet Sharechat mobile app
Shorter timeframe I'm also bullish!
A
"Never never never give up!"
"Veni, vidi, vici"
Posted 13 August 2015 - 04:01 PM
US retail sales not helping on open 
“melior diabolus quem scies”
Pachycephalosaurus
Posted 13 August 2015 - 03:52 PM
V something wrong the first clear post
Its the flu. Naval guitar
Africa will never be regarded as adult until all of its organisations stop admiring and protecting criminal dictators.
MSM et al presents (sponsored) opinion as fact and seeks to indoctrinate. Journalists without ethics proliferate in a swamp of filthy lucre (BBC inclusive).
In response to decades of racism by fearful minority whites called apartheid there will be an eternity of racism by revengeful majority blacks called all kinds of excuses.
Corruption is not yet compulsory but it may as well be - Aggressive africanization uses the racist Employment Equity Act as a club.
Too many humans are too busy copulating to bother about the irresponsible, unsustainable and progressively catastrophic population explosion.
Whilst humanity prevails so will evil. Evil will survive and thrive through sophisticated indoctrination and other conscience-suppressing disguises.
Desmond Tutu has been praying for the downfall of the ANC since 2011. Clearly he needs some assistance with such a difficult and worthy task..
Cockroaches still lurk on sharechat because it is prime real estate for their con artistry, duping and grand theft.
Advanced Member
Posted 13 August 2015 - 03:42 PM
Last one...SOX also breaking down relative to the SPX and diverging...another top indicator!
All in all the bearish case is getting more and more solid....but time will tell!
Charts courtesy from UBS!
A
The Wolf of ALSI
Sage
Posted 13 August 2015 - 03:40 PM
V something wrong the first clear post
IG CASH
Pachycephalosaurus
Posted 13 August 2015 - 03:35 PM
Fut target 45460 then 46566
Africa will never be regarded as adult until all of its organisations stop admiring and protecting criminal dictators.
MSM et al presents (sponsored) opinion as fact and seeks to indoctrinate. Journalists without ethics proliferate in a swamp of filthy lucre (BBC inclusive).
In response to decades of racism by fearful minority whites called apartheid there will be an eternity of racism by revengeful majority blacks called all kinds of excuses.
Corruption is not yet compulsory but it may as well be - Aggressive africanization uses the racist Employment Equity Act as a club.
Too many humans are too busy copulating to bother about the irresponsible, unsustainable and progressively catastrophic population explosion.
Whilst humanity prevails so will evil. Evil will survive and thrive through sophisticated indoctrination and other conscience-suppressing disguises.
Desmond Tutu has been praying for the downfall of the ANC since 2011. Clearly he needs some assistance with such a difficult and worthy task..
Cockroaches still lurk on sharechat because it is prime real estate for their con artistry, duping and grand theft.
The Artist
Posted 13 August 2015 - 02:53 PM
Last one...SOX also breaking down relative to the SPX and diverging...another top indicator!
All in all the bearish case is getting more and more solid....but time will tell!
Charts courtesy from UBS! 
A
SOX.jpg 79.79KB
28 downloads
"Never never never give up!"
The Artist
Posted 13 August 2015 - 02:39 PM
The bellwether DOW is sitting on the edge (weekly), short term expect a bounce but macd has fallen below the 0 line and then bad things tend to happen!
A
DOW weekly.jpg 98.09KB
28 downloads
Edited by Argento, 13 August 2015 - 02:43 PM.
"Never never never give up!"
The Artist
Posted 13 August 2015 - 02:33 PM
Agreed...but didn't have the monthly negative divergence with that top that is the case now...so spells a top formation in the works!
A
Not a bullish setup!!The red coats are coming.....
A
Monthly TOP40.jpg 100.82KB
18 downloads
Russell.jpg.png 257.19KB
18 downloads
"Never never never give up!"
The Artist
Posted 13 August 2015 - 02:24 PM
We had a similar or rather worse technical structure on the weekly between end of september to january....it was resolved to the upside 6000pips.
Sent from my GT-I9300 using Sharenet Sharechat mobile app
Agreed...but didn't have the monthly negative divergence with that top that is the case now...so spells a top formation in the works!
A
"Never never never give up!"
Advanced Member
Posted 13 August 2015 - 02:20 PM
Let's have a look at the longer timeframe....you can see she is moving between the weekly lower bb and middle bb (bearish), with each breach giving a nice buy/sell entry!Point is she is coming down and one can see a downtrend line in place, I am with UBS on expecting a decent bounce into end August (47200?) for a great short and hold opportunity...again!
The weekly macd has lots of room to move down and with the monthly macd also pointing down the 7 year cycle is doing its thing.The picture is becoming more clear, was almost sucked in to believe this will not morph into something more (Major 2 wave) but with the cycle low date only mid October and us reaching the higher 44's yesterday already these big volatile moves will result in one impulsive move lower (mini crash yes)!
Think about it, Primary III was about 23500 points in length and driven by QE infinity..so would only makes sense to expect a major correction (Primary IV) now that QE is no more...key is to get a good entry and hold through out the whole drop, to try and jump in and out you will only miss it!(trust me) We aint seen nothing yet folks but I only expect the biiiiig drop kicking off latter September! Ultimate possible target will be that 38000ish number.....!
A
The Wolf of ALSI
Newbie
Posted 13 August 2015 - 01:42 PM
So yesterday i decided to go all in towards the close of market with longs as i thought the drop was a bit too much for one day, slept very late 02:00am to be precise as boss is keeping me very busy, i hope she isn't reading this post
and woke up at at 08:00am, only got to work at 09:30 and what a wonderful surprise trading account is up 40% from yesterday!
Will continue holding longs to close of day tomorrow and reassess whether i should close or hold.
I think it's always important to ask yourself whether a trade result, in this case a handsome profit, was due to good trading practice or just luck. Your account could just as easily been wiped out...... 
The Artist
Posted 13 August 2015 - 01:22 PM
Let's have a look at the longer timeframe....you can see she is moving between the weekly lower bb and middle bb (bearish), with each breach giving a nice buy/sell entry!Point is she is coming down and one can see a downtrend line in place, I am with UBS on expecting a decent bounce into end August (47200?) for a great short and hold opportunity...again!
The weekly macd has lots of room to move down and with the monthly macd also pointing down the 7 year cycle is doing its thing.The picture is becoming more clear, was almost sucked in to believe this will not morph into something more (Major 2 wave) but with the cycle low date only mid October and us reaching the higher 44's yesterday already these big volatile moves will result in one impulsive move lower (mini crash yes)!
Think about it, Primary III was about 23500 points in length and driven by QE infinity..so would only makes sense to expect a major correction (Primary IV) now that QE is no more...key is to get a good entry and hold through out the whole drop, to try and jump in and out you will only miss it!(trust me) We aint seen nothing yet folks but I only expect the biiiiig drop kicking off latter September! Ultimate possible target will be that 38000ish number.....! 
A
Weekly TOP40.jpg 97.01KB
17 downloads
"Never never never give up!"
"Veni, vidi, vici"
Posted 13 August 2015 - 01:04 PM
US cash indices should open firmly green giving us more upside assistance
“melior diabolus quem scies”
Little Master
Posted 13 August 2015 - 12:30 PM
So yesterday i decided to go all in towards the close of market with longs as i thought the drop was a bit too much for one day, slept very late 02:00am to be precise as boss is keeping me very busy, i hope she isn't reading this post
Will continue holding longs to close of day tomorrow and reassess whether i should close or hold.
B, I think this is the point where you go tell your boss you won the lotto...and warn her to treat you nice or else...
You better know when to hold on, know when to walk away and know when to run!
Pachycephalosaurus
Posted 13 August 2015 - 12:26 PM
Lunar inversion continuance is trendy...
Will short the rally on post gap close turn
Africa will never be regarded as adult until all of its organisations stop admiring and protecting criminal dictators.
MSM et al presents (sponsored) opinion as fact and seeks to indoctrinate. Journalists without ethics proliferate in a swamp of filthy lucre (BBC inclusive).
In response to decades of racism by fearful minority whites called apartheid there will be an eternity of racism by revengeful majority blacks called all kinds of excuses.
Corruption is not yet compulsory but it may as well be - Aggressive africanization uses the racist Employment Equity Act as a club.
Too many humans are too busy copulating to bother about the irresponsible, unsustainable and progressively catastrophic population explosion.
Whilst humanity prevails so will evil. Evil will survive and thrive through sophisticated indoctrination and other conscience-suppressing disguises.
Desmond Tutu has been praying for the downfall of the ANC since 2011. Clearly he needs some assistance with such a difficult and worthy task..
Cockroaches still lurk on sharechat because it is prime real estate for their con artistry, duping and grand theft.
