SP500 weekly chart shows megaphone wedge which could explode to
the upside.
the upside.
Market Outlook
- Thread starter GrandSupercycle
- Start date
SP500 weekly chart shows megaphone wedge ~ looks bullish.
Market consensus became clearer on Friday so back to the original
bullish analysis and SP500 weekly chart reverts to bullish/neutral.
So equity sell off been delayed once again and additonal upside
ahead.
The larger megaphone enclosed by green lines reveals an unstable
market and is bearish. It may result in a giant head and shoulders
forming once possible right hand shoulder is completed. Long term
monthly chart remains bearish.
stockmarket618.wordpress.com
Market consensus became clearer on Friday so back to the original
bullish analysis and SP500 weekly chart reverts to bullish/neutral.
So equity sell off been delayed once again and additonal upside
ahead.
The larger megaphone enclosed by green lines reveals an unstable
market and is bearish. It may result in a giant head and shoulders
forming once possible right hand shoulder is completed. Long term
monthly chart remains bearish.
stockmarket618.wordpress.com
REMINDER THAT US DOLLAR WEEKLY CHART CONTINUES TO GIVE BULLISH WARNING WHICH WILL BE BEARISH FOR STOCKS AND COMMODITIES WHEN USD UPTREND RESUMES.
SmallBicycle - You are NOT welcome here
Stock signals are bullish. Currency signals are bearish for stocks.
Good well thought out analysis.
Very useful.
Good well thought out analysis.
Very useful.
As mentioned earlier:
SP500 weekly chart shows megaphone wedge ~ looks bullish.
Market consensus became clearer on Friday so back to the original
bullish analysis and SP500 weekly chart reverts to bullish/neutral.
So equity sell off been delayed once again and additonal upside
ahead.
Bullish daily charts strengthen â EURUSD GBPUSD AUDUSD
SP500 weekly chart shows megaphone wedge ~ looks bullish.
Market consensus became clearer on Friday so back to the original
bullish analysis and SP500 weekly chart reverts to bullish/neutral.
So equity sell off been delayed once again and additonal upside
ahead.
Bullish daily charts strengthen â EURUSD GBPUSD AUDUSD
More equity rally is probable as USDX selling pressure is now substantial. This will support stocks and cause more equity short covering which may result in another melt up.
10-23-11 12:28 AM
10-24-11 08:54 AM
10-24-11 01:47 PM
10-24-11 08:54 AM
10-24-11 01:47 PM
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