Market commentators don’t get it …
They say, that the expiration PRESSURED the markets … WRONG!!!
The expiration held the markets up until the last moment …
after the shorts were covered … market started to accelerate to the downside.
We have now FRESH MEDIUM TERM SELL SIGNALS!!!
And a lot of complacency … why?
Have a look at the VIX […]

- OPEC insists, that we should all have sufficient oil …
- fundamentally demand is contracting in the U.S. the first time in 15 years …
- even China has lowered its imports …
- every bullish study and story is told …
So let’s look at the chart … as we know … the trend is your friend […]

As I got loads of requests for the Chart picture of the S&P after yesterday’s DAX Analysis.
Here we go:
Picture is quite similiar … that is “globalization of markets”
As the DAX, the S&P completed recently a bearish Gartley-Pattern …
the corresponding extension targets are:
1300 (bullish case) 1170 (neutral expectation) and 1045 (bearish case)
See CHART […]

The fundamental picture is clear … what about the chart???
When will it be played out???
I think NOW(!!!) … Bears have NOW the chance to crack this market …
IMHO …
From the top, we had ONE move down … many times shortened and stopped by black magic of Ben, Hank and the boys … read: MANIPULATION
Now […]

Weekend ahead … time for weekly charts
Euro and OIL are working on a reversal today … EXACTLY at their targets …
Both had a nice uptrend, starting the second half of JULY 2007 …
the time, when everybody got aware of the huge problems within the financial system in the USA and this was the […]

As Carlyle collapses, the former BoJ prediction is fulfilled (100 against the Dollar), hurting markets on further unwind of carry trades.
Here the monthly chart of the Yen/Dollar

Copyright by Tradestation
Yen tries at the moment to break out of a triangle like longterm formation.
First price target is around the 95 Yen/Dollar.
Sounds like the Yen is not […]

As the US$ seemingly starts to accelerate its downtrend, here the monthly chart against the EURO.

Copyright by Tradestation
Long term downtrend of the US$ is intact and allows the EURO to rise between now and the year end to test the upper trendline to a level of 1,63 (now) and 1,70 (yearend).
The long term STOP is […]

Copyright by Tradestation
The “white raven” … Goldman Sachs … known as Helicopter Ben’s troops
Even them are bleeding … lost so far around 50% of their gains since the market bottom of late 2002 start 2003 …
remember … DAX was below 2.300, the S&P below 900 …