04/08/2013 Live Update

[uempel]

Daily SPX shows two signals, approx 2 days apart

[Cobra]

I noticed the last two posts by Cobra for members had the title "buying climax" and "CPCE top signal". Are people still calling tops?

I guess traders ignored these readings which came in at the exact same level as the day the market touched 666 and bottomed in March, 2009. Ignore at your own peril. There is only one strategy you need to know for YEARS. It's called "buy the dip". Never enter a short trade. This is not something I'm saying as a joke. It's real investment advice I'm publishing in articles and telling friends and family. There is real research that goes way beyond this chart to support my claims. Even though there will be dips, they will be so small as to be impossible to time profitably, so better to buy dips and take profits on rallies at leisure, perpetually for years.

Did you know that the markets didn't dip much at all for 40 out of the last 100 years? From 1942 to 1965, the Dow never dipped much at all. From 1981 to 2000, the market barely dipped (87 crash didn't even dent the trend at all). There can be 20 year periods without any serious corrections.

by the way, here's my call up to 4/4/2013 in member area. Check yourself to see if I call every turn right. I really really really really (insert 100 really here) don't like being wrongfully accused. So please don't do this the next time. thanks.

[KeiZai]

The attachment 911.png is no longer available

OK, I see everyone got that pBar!!!

Got one too in R2K chart, looks like tomorrow could be down day

[KeiZai]

Check out ukarlewitz post...very good read with stats too...http://fat-pitch.blogspot.com/2013/04/r ... twice.html

[Al_Dente]

Check out ukarlewitz post...very good read with stats too...http://fat-pitch.blogspot.com/2013/04/r ... twice.html

good one thanks panda

[Unique]

911.png

OK, I see everyone got that pBar!!!

Got one too in R2K chart, looks like tomorrow could be down day

R-Pbar.png

Damn, they must be busy at work there's now pbars on futures? Fack..

[ALdaytrade]

Daily SPX shows two signals, approx 2 days apart

98.png

Hello "uempel",
I am very interested in the charts for the signals that you often post. Is there a way to tell which way the market will go at the signal?
Thank you.

[TWT]

SPX: instead of a corrective pattern that can grow in size there is the specter of a continuation pattern = TRIANGLE

[TWT]

$EURUSD: Instead of a Triangle price could be forming an Ending Diagonal