In a secret room in the subbasement of 33 Liberty Street...
In brightest day, in blackest night,
No shorts shall escape my sight
Let those who worship the shorts might,
Beware my power, PPT's light!!!
Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.
Bullish short day (didn't confirm hanging man). Midpoint above EMA(10). Still above all SMA's. Tested and held the 0.0% retrace (1470.96). New high on daily 3LB (reversal is 1462.42). QE2infinity. Still below 2 of 3 trend lines and RSI(14) above 50.
Bullish long day. Midpoint below EMA(10). Still failing the 38.2% retrace (79.97). Tested and failed SMA(21). No dally 3LB changes (reversal is 79.25).
Bearish short day. Midpoint below EMA(10). Still below all SMA's. Still failing its 100.0% retrace (14.27). No daily 3LB changes (reversal is 13.79).
Bullish long day. Midpoint above EMA(10). Tested and held its 50.0% retrace (1670.30). Tested and held SMA(21,144,233). No daily 3LB changes (reversal is 1693.80). Must have the precious.
Bearish short day (evening star formed). Midpoint above EMA(10). Still above all SMA's. Holding above its 38.2% retrace (1.3138). No daily 3LB changes (reversal is 1.3062).
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Holding above its 100.0% retrace (40.86). No daily 3LB changes (reversal is 41.08).
Bullish short day. Tested and held SMA(21). Midpoint below EMA(10). Tested and failed its 50.0% minor retrace (18.42). No daily 3LB changes (reversal is 18.27).
Bearish short day. Holding above SMA(21,55,89,144). Midpoint above EMA(10). Holding above its 61.8% minor retrace (92.32). No dally 3LB changes (reversal is 93.12).
Bullish long day. Tested and held SMA(144,233). Midpoint above EMA(10). Tested and held its 50.0% minor retrace (31.30). No daily 3LB changes (reversal is 32.28).
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Holding above its 61.8% minor retrace (50.92). No daily 3LB changes (reversal is 51.60).
Dragonfly doji day. Still above all SMA's. Midpoint above EMA(10). Holding above its 61.8% minor retrace (0.7765). No daily 3LB changes (reversal is 0.7796).
Bearish short day. Midpoint below EMA(10). Tested and failed SMA(21,89). Still failing its 38.2% retrace (3.681). No daily 3LB changes (reversal is 3.536).
Bearish long day. Still failing all SMA's. Midpoint below EMA(10). Still failing its 50.0% retrace (509.60). Still failing BB(2,200). New low on daily 3LB (reversal is 549.03).
Bullish short day. Midpoint above EMA(10). Holding above SMA(21,233). Holding above its 38.2% retrace (557.71). New high on daily 3LB (reversal is 555.69).
IT HAS BEGUN. YOU HAVE BEEN WARNED.
5 comments:
AmenRa,
http://finviz.com/futures_charts.ashx?t=LB&p=w1
what kind of 'overextended'/"double-top"-Chart is Lumber 'drawing out'..?
AAIP
AAIP
On a weekly and monthly chart lumber has been having a problem breaking through the Jan 2011 highs.
http://www.bloomberg.com/news/2013-01-16/european-december-car-sales-fall-16-on-u-s-producers.html
European car sales in December plunged the most in more than two years as recessions in the southern part of the region cut demand at Ford Motor Co. (F), General Motors Co. (GM) and Renault SA. (RNO)
The actual decline is much worse than the statistics would have us believe, as sales figures for the year were artificially inflated as a result of self-registrations by dealers and automakers, especially in the region’s biggest market, Germany,” Peter Fuss, senior advisory partner at Ernst & Young’s Global Automotive Center, said today in a report.
...Stuffing the European Channel?
New.
BinT
Funny how the MSM doesn't realize that car sales are primarily dealer stuffing and not actual sales to customers.
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