The Greek Election Committee as they prepare to visit the IMF, ECB, France and Germany.
Creditcane™: Who's house?!? Creditcane's house!
Bearish short day. Midpoint below EMA(10). Failing SMA(89). Tested and failed the 61.8% minor retrace (1343.55). New low on daily 3LB (reversal is 1354.58). QE2infinity.
Bullish long day. Midpoint above EMA(10). Holding above the 38.2% minor retrace (80.33). Still above all SMA's. New high on daily 3LB (reversal is 80.11). Still above weekly 3LB mid.
Spinning top day. Midpoint above EMA(10). Tested and held SMA(144). Tested and held its 38.2% minor retrace (21.62). New high on daily 3LB (reversal is 16.24).
Bearish short day. Midpoint below EMA(10). Failing its 61.8% retrace (1598.10). Failing all SMA's. New low on daily 3LB (reversal is 1594.20). Still below its monthly 3LB mid. Must have the precious.
Bearish long day. Midpoint below EMA(10). Still failing all SMA's. Tested and failed its 0.0% retrace (1.2782). New low on daily 3LB (reversal is 1.2948).
Bearish long day. Midpoint below EMA(10). Failing SMA(89). Failing its 38.2% minor retrace (39.62). New low on daily 3LB (reversal is 39.73).
Spinning top day. Still failing all SMA's. Midpoint below EMA(10). Tested and held its 0.0% retrace (17.76). New low on daily 3LB (reversal is 18.84).
Bearish short day. Still failing all SMA's. Midpoint below EMA(10). Tested and failed its 38.2% retrace (94.65). New low on dally 3LB (reversal is 96.81). Still below the monthly 3LB mid.
Bearish long day. Still failing all SMA's. Midpoint below EMA(10). Failing its 61.8% minor retrace (30.00). New low on daily 3LB (reversal is 29.17).
Bearish short day. Midpoint below EMA(10). Failing SMA(89). Still failing its 61.8% retrace (46.14). New low on daily 3LB (reversal is 46.50).
Spinning top day. Still failing all SMA's. Midpoint below EMA(10). Failing its 38.2% retrace (0.7808). No daily 3LB changes (reversal is 0.7676).
Bearish short day. Midpoint below EMA(10). Failing SMA(144). Failing its 38.2% retrace (3.660). New low on daily 3LB changes (reversal is 3.659).
Bearish short day. Failing SMA(55). Midpoint below EMA(10). Tested and failed its 61.8% minor retrace (563.20). New low on daily 3LB (reversal is 610.00).
Spinning top day. Midpoint below EMA(10). Still failing all SMA's. Tested and failed its 50.0% minor retrace (0.7978). No daily 3LB changes (reversal is 0.8205).
IT HAS BEGUN. YOU HAVE BEEN WARNED.
11 comments:
Futures struggling to stay afloat. Gold getting smashed (margin calls continue?). WTI still falling.
Greece paid off the UK law bonds. They now have less than $1B on hand to pay bills.
Coffee is down 45% from its high. How come I don't see the same in the stores?
SNB balance should be in tatters since they have to keep the peg on 24/7 watch.
I can seen an inverted H&S bottom on the DXY daily....started forming in late 2010....
Be careful....
Romney 48 Obama 46 among women..
see the PDF
http://www.cbsnews.com/8301-503544_162-57434153-503544/poll-romney-has-slight-edge-over-obama/
Andy T
SPX fighting to regain support and hold it.
Just need the neckline to break Andy
I had it marked more cup and handle, doesn't matter though, yields the same general target
we'll see.....that'll crush my gold call for the time being if it plays out.
Talk about confusing. New lows > new highs, vol up > vol down, adv > decl, trin=bullish, pc ratio=bearish, DXY & EURUSD both up, WTI down.
Ok, I'll say it. SPX will test 1300 before the day is over.
New lows > new highs
Vol down > Vol up
Declines > Advances
Trin=bearish
PC Ratio=bearish
Vix at highs
Actually what I find interesting is the starting green and not being able to hold it and finishing red...we have been a what, several years since that pattern was the predominant daily idea..before this, when Europe closed our markets seemed to get stronger...
Why do I keep hearing the talking heads say Greece is priced in? Was Lehman priced in? Bear Stearns? Is Spain priced in yet?
New thread.
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