Friday, January 29, 2010

'Chart of the Day' shows Gold will most likely continue up in the future, to clarify: Gold should rally on a long term basis, it became very over-bought in November of 2009, my Silver chart several posts below this one shows trends for a low on Martin Armstrong's next major Pi Cycle date of June 2011, Silver not likely going down into that time period by itself, so Gold will most likely bottom in mid 2011 as well, Gold chart below top chart shows weak momentum now.

Monday, January 25, 2010

Brief note: the spx is oversold now (as of Wed. Jan 27, we can likely expect a rally into Feb., possibly starting next week. Longer term I am still looking at an April low, I will do a count to pin-point that low soon. I know lots of other people are expecting a rally into April, my oscillator is disagreeing.

The US Dollar index continues to rally into my forecasted early Feb. high from last October. Whether it just takes a rest once early Feb. arrives or goes back down is not clear to me at this time.(Jan.28)

CRB Index has broken its uptrend,late march or april looks to be the trend low for this index,a new chart will be posted.

SP500 breaking down...

Saturday, January 23, 2010

Put Call chart showing that investors were getting too bullish. Chart by RodgerDodger

Monday, January 04, 2010

 Trend on NYSE showing a high coming for about  Feb. 10.has been violated too much now, market appears to be breaking down now and as RogerDodger over at Traders-talk has shown the CPC put call ratio is at extreme levels now, meaning there is too much bullishness, so the low I have been predicting for April/May may be starting to unfold now.