Weekend Watering Hole

[BullBear52x]

Long lasting Top is in the making? focus point MA 13/34 crossed, consolidation price level, and.... after 3 months of consolition it's very clear to see now that, SPY and QQQ are a failed break out, Dow is still hanging above but not so pretty after a back test of MA13, a trade back inside the yellow level is no OK. Watch the reaction after 13/34 crossed is critical in week to come.

[BullBear52x]

Chart pattern hourly here doesn't look bulls friendly either.

[BullBear52x]

Last leg up retacements, 50% fib still in defense mode, and intraday is clearly is a sell no divergence to be found just yet.

[BullBear52x]

Here I use Fib Extensions measurement, a little to the down side is projected on all four biggies.

[BullBear52x]

FAZ is a buy.

[BullBear52x]

TZA is also a buy imo

[BullBear52x]

Father bear is relaxing mother bear is still on the look out. all and all, it's bear family that is roaming right now.

[99er]

Nice post BullBear52x. My wife has that photo on our fridge.

A few charts: http://99ercharts.blogspot.com/

And one I saw at Daneric's Elliott Wave blog: http://3.bp.blogspot.com/-DZPP15M9PUA/T ... +count.png

Bears are indeed roaming.

[Cobra]

Long lasting Top is in the making? focus point MA 13/34 crossed, consolidation price level, and.... after 3 months of consolition it's very clear to see now that, SPY and QQQ are a failed break out, Dow is still hanging above but not so pretty after a back test of MA13, a trade back inside the yellow level is no OK. Watch the reaction after 13/34 crossed is critical in week to come.

Thanks, bull and bear. let's see.

[DaWay]

SPX update: The past has been right-on, the future based on it enticing.

[DaWay]

Unless the Bear family can't wait any loner and start the dinner...