35854 replies to this topic

[Beorn]

tick... tock... tick... tock...drop

I dont see that coming, but good luck!

[warnerbroers]

tick... tock... tick... tock...drop 

[Argento]

Hi Argento, would this morning's big gap up on SPX not needed to have closed for that south projection to start happening? 

Doesn't need to close on the day, can close next week that IMO thinks it will!

 

VIX still showing strong positive divergence against the SPX so just a matter of time before she spikes!

 

Turn of the tide/bear is near...!

 

A

[OceanWalz]

Hi Argento, would this morning's big gap up on SPX not needed to have closed for that south projection to start happening? 

.. and the VIX , wh had a kind of H&S the previous three days , not only broke down but gapped down suggesting lower fear of risk taking and possibly higher stock chasing with greater volumes creating bullish  tech patterns shortly? this is what I see but overall I think this bull is kinda long in the tooth - but how high before it goes south I cant tell nor will this bear of last few days be forgotten from investor psyche

[OceanWalz]

Watch this space!!

 

A

Hi Argento, would this morning's big gap up on SPX not needed to have closed for that south projection to start happening? 

[Argento]

Watch this space!!

 

A

Attached Files

•  SPX (EW).jpg   148.3KB   12 downloads

[warnerbroers]

IMO, short is going to end in tears at the moment, more funny money printing on the cards. Blue skies and higher markets till atleast 22 Jan, and after that, we may start going exponential

i don't see us going more than a couple of hundred points higher...just my opinion.

[Argento]

IMO, short is going to end in tears at the moment, more funny money printing on the cards. Blue skies and higher markets till atleast 22 Jan, and after that, we may start going exponential

Adding shorts!

 

A

[Beorn]

IMO, short is going to end in tears at the moment, more funny money printing on the cards. Blue skies and higher markets till atleast 22 Jan, and after that, we may start going exponential

[warnerbroers]

closed longs @43705 IG and opened shorts

Edited by warnerbroers, 08 January 2015 - 05:10 PM.

[gannet]

There is already negative divergence creeping in on the 30min macd and I just don't think the US is going to hold their gains as it is a B wave!

 

With her near the 44000 and SPX 2050 as projected I'm taking the longs off the table for this run and opening shorts..if she overshoots I'll just add!

 

Final target 39700ish!!

 

A

 

I'm out - 43720 is solid Ichimoku resistance ... for now.

 

If it breaks there's another 200 points (min) on the table

[Argento]

I think we need to watch out for next week

 

If we have a green day tomorrow then Monday becomes tricky

There is already negative divergence creeping in on the 30min macd and I just don't think the US is going to hold their gains as it is a B wave!

 

With her near the 44000 and SPX 2050 as projected I'm taking the longs off the table for this run and opening shorts..if she overshoots I'll just add!

 

Final target 39700ish!!

 

A

[RailRoad]

I've noticed this triangular convergence of the Top 40 chart. I am no expert in analyzing charts at all but my gut tells me it will be make or break in about 3 months time?

Attached Files

•  Top 40.png   58.61KB   14 downloads

[gannet]

That's the thing of these oversold bounces, she always goes further than you think!

 

But agree the Klap is coming....but needs distribution first...think earning season spirits will keep her up for now!

 

A

 

I think we need to watch out for next week

 

If we have a green day tomorrow then Monday becomes tricky

[Argento]

Bottom line is we are still lower now than we were last Friday, despite massive rally the past 3 days!!

That Klap will come...

That's the thing of these oversold bounces, she always goes further than you think!

 

But agree the Klap is coming....but needs distribution first...think earning season spirits will keep her up for now!

 

A

[Ninja]

Bottom line is we are still lower now than we were last Friday, despite massive rally the past 3 days!!

That Klap will come...

[Argento]

Ye, also think so!

 

Sentiment is now more on the bullish side with the easing announcement and earning season!

 

A

30min bullish cross (21 through 89) in the making so should new highs and a jump either later today or tomorrow morning!

 

A

[Argento]

All you naysayers...i just read an article by David Shapiro explaining how the JSE will boom in 2015

Yip, but after a washout first...!

 

A

[REDorBLACK]

All you naysayers...i just read an article by David Shapiro explaining how the JSE will boom in 2015

[REDorBLACK]

All you naysayers...i just read an articel by David Shapiro explaining how the JSE will boom in 2015