As fundamentals are “out of favor” at the moment … here the chart perspective for the S&P: Copyright by Tradestation As you can see … the S&P started its downtrend in October 2007 and accelerated one year later into a virtual free fall. After testing the parallel of the connection of the 2 highs (2000 [...]

As fundamentals are “out of favor” at the moment … here the chart perspective for the DAX: Copyright by Tradestation As you can see, the German DAX is in a weekly downtrend since the start of 2008. I highlighted the following areas: 1. The start of the acceleration of the downtrend. 2. The attempt to [...]

We had BULL markets in both … an UGLY overshooting in OIL … a nailing the top in EURO … Now a superb correction … TIME TO LOOK TO THE UPSIDE(!!!) again!!! Here is the post … 18th of APRIL 2008 Post 18.April 2008 Now … here the charts … and the explanation … First [...]

Here the chart and explanation of a friend of mine … Henning V. … Have a look Monthly DAX Chart reveals: SYMMETRY ! Pattern are often ruled by a “symmetry line”. Although this is not “official Technical Analysis” we obey these lines quite often in every time scale. What we often see is that the [...]

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? [...]

- 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 [...]

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 [...]

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 [...]