Why the abrupt change on the weekly chart?
Market Outlook
- Thread starter GrandSupercycle
- Start date
Daily Market Analysis
RQ Cross Box -Quant Report
The Quant Report delivers vital quantitative analysis by combining extensive fundamental, technical and statistical analysis of historical data and anticipated future trends across most asset classes. Each market class is carefully evaluated from multiple vantage points in order to assess its attractiveness and future prospects
Financials : S&P 500 4 Green Bullish
Metals : GOLD -3 Yellow Neutral
FOREX: EURUSD -4 RED Bearish
RQ Cross Box -Quant Report
The Quant Report delivers vital quantitative analysis by combining extensive fundamental, technical and statistical analysis of historical data and anticipated future trends across most asset classes. Each market class is carefully evaluated from multiple vantage points in order to assess its attractiveness and future prospects
Financials : S&P 500 4 Green Bullish
Metals : GOLD -3 Yellow Neutral
FOREX: EURUSD -4 RED Bearish
That's how he can be long and short at the same time. Don't you get it!?!? You have to be smarter to profit from these fast markets!
Hi Guys, great thread.
Here are my views of the current cycle:
S&P500 monthly chart shows a series of broadening
patterns, aka megaphone wedges. The recent megaphone has
been modified but remains very bearish. The three megaphone
patterns reveal an unstable market where buyers and sellers
battle for control. Long candle wicks on September chart reveals
substantial buying support which only slows the decline.
The March 2009 lows will still be breached.
Prepare for the next Black Swan which will be âunexpected
and could never have been predictedâ
atticus
Here are my views of the current cycle:
S&P500 monthly chart shows a series of broadening
patterns, aka megaphone wedges. The recent megaphone has
been modified but remains very bearish. The three megaphone
patterns reveal an unstable market where buyers and sellers
battle for control. Long candle wicks on September chart reveals
substantial buying support which only slows the decline.
The March 2009 lows will still be breached.
Prepare for the next Black Swan which will be âunexpected
and could never have been predictedâ
atticus
USDX daily chart gives bearish warning so should be stock bullish.
SP500 weekly chart shows possible bullish spike ahead.
SP500 ongoing megaphone wedge ensures eventual crash.
See charts at blog.
SP500 weekly chart shows possible bullish spike ahead.
SP500 ongoing megaphone wedge ensures eventual crash.
See charts at blog.
Hey tricycle you're stating the obvious again. We can all state with 100% certainty that at some point in the future markets will crash. This is a given, a certainty that no one can dispute.
You are so full of shit I bet some is oozing out your ears right now.dj has risen above a significant high, and spx is appearing to do so as well, but looks as though simply drifting up. If buying comes thru with conviction, i.e. spx 1271ish, 1290 should come quickly. On the contrary side, today is the 5th day up in a row, if it closes higher. Statistically, 6 days up are somewhat rare and a pull back could potentially be seen instead. Systems which trade counter to a 5 day move typically have a high win rate. A shrunken ATR is also a sign of a top, but clearly it is likely due to the Christmas/holiday season. Good trading.
Heading to 666 on the spx? Yikes. Maybe precipitated by a U.S. debt crisis? Do you think earnings will crater that much?