If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list HERE. You need "follow" only once but vote can be done everyday, so whenever you have time, please vote for me, thanks! If you're not StockCharts member, you can also help boosting my rank by clicking the link once everyday.
Please, again, all my calls in the daily live update is for intra-day only, they're absolutely invalid when the closing bell rings. If you're interested in the forecast for days and weeks, Please subscribe my Daily Market Report.
Personal attack on any board members won't be tolerated. Please limit your topic to trade related only.
Please no direct link to your personal web site or blog. You must post rich contents here. You can, however, put link to your personal web site or blog as your signature.
I'm very busy during the trading hour, so your question posted on board might not be answered. For a guaranteed answer to your question please send email to [email protected].
Double top? The pattern is too small to be a real threat to bulls though.
Attachments
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
SPX near all time highs.. 2134.71.. just 33 points short.. again possible resistance still in this zone.. pop over the ATH, mind the mega "bull trap" if it stalls and fails.. otherwise.. 2200 by mid summer at this rate.. Near term wedging bearishly.. breaks 2095-93 target - 2085, 2075
feel...its more to do with the US dollar.. something may happen that they hammer it down.. the chart is very precarious.. 16 month channel on the US dollar .. bottom edge, bigger double top... and very very long term.. back to 1986 --- it's the new "QE"... hammer the dollar via Saudi's … oh what a wicked web we weave…
Dollar index moving back up recovering most of the overnight decline. Super Mario and Kuroda San have done what it takes for now. Sure hope Aunt Janet was in agreement.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.