whatâs new in the Zoo?
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for 2 days it must not be too many news just few
S&P-500 - as I've assumed 2 days ago: "easy prey" was taken and now we have more difficult "target" for "bulls" - to stabilize of destabilized flow Up at scale 2 and to continue the process at scale 3 without significant pullback. Configurations art all scale are very clear that usually means that market is under strong pressure and allow for outside observers to understand what is happening.
charts as usual here:
http://sganalysis.com/2012/04/18/whats-new-in-the-zoo
and text w/o charts:
AAPL - it's not "u-turn down" yet - it is a first stage of the destabilization on the way Up
AIG - all scales large then 2 are stable
SBUX - Amplitude increase at scale 2 is very important. The future scenario depends on how this destabilization will be absorbed by the main flow at scale 4.
GAZP - destabilization at scale 1 probably cause the u-turn Up at bigger scales.
GOLD - not strong but presented signs of possible u-turn Up here has not been realized. Waiting.
OIL - if flow at scale 2 will u-turn Up we can see clear destabilization and possible u-turn Dw at scale 4.
RURUSD - probably the time of the prediction is over: the process is starting to fill out the main channel at scale 4. Perspective at scale 4 is more for continuing Dw with Amplitude decrease. Will see.
EURUSD - actually nothing new: the main flow is still Dw.