It seems that the consolidation until point 2 is over. A test of lows is likely.
Wednesday 1 October 2008
S&P: 1 October 2008
It seems that the consolidation until point 2 is over. A test of lows is likely.
Wednesday 24 September 2008
Dow Jones: 24 Sep 2008
Based on daily chart is Dow Jones in a downtrend. Break of yesterday's low could signal the test of 10.500 e.g. low of 18 September. Only break of yesterday's high might change the picture.
Monday 22 September 2008
S&P 500 Futures: 22 Sep 2008
The uptrend (which began on Friday) is still intact based on 4h chart. I favor a test of highs of Friday. However, a break of the point 3 in the chart might signal a reversal.
Thursday 18 September 2008
Apple: What's going on?
One friend asked me to look at Apple (weekly chart, each candle represents 1 week). After 123high (see triangle) Apple is now in downtrend. I see around 117 as next target. Above 153 we have to make a new picture of the situation.
Euro Dollar Chart Analysis: Time for rebound?
It seems that we are witnessing a 123low in daily eurodollar chart. A break of the line might signal a rebound and a target of 1,48. Watch out...
Wednesday 17 September 2008
S&P 500: 17 September 2008, Opening
The downtrend (4hours chart) in spx is still ongoing, as SPX500 was not able to make a new high. Test of the lows of yesterday are possible. We will observe: Will SPX make a new low daily low or not?
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