3 replies to this topic

[andr99]

http://jan.imghost.us/0wTi.png

we have become parabolic and when that happens it brings nothing good for what's to come. I' m just waiting for that red curve to touch its horizontal resistance placed at about 370, which it is getting closer to day by day actually, and then the distribution at the top ala 2007 and 2011 taking a few months before the bear wakes up and eats all the trillions the magnifent put into the system in the last four years or even more, I don' t remember exactly. This time no QE will save markets.

[Dex]

nice chart

[dasein]

could they possibly resist the urge to get to 10000 and let Angela feel the love? I doubt it. oh, its not vertical yet - the incline is still a slope - when it gets to 90deg you will have somehing for sure!

Edited by dasein, 09 January 2014 - 08:54 AM.

[andr99]

could they possibly resist the urge to get to 10000 and let Angela feel the love? I doubt it.

oh, its not vertical yet - the incline is still a slope - when it gets to 90deg you will have somehing for sure!

the indicator is weekly so that I think dax 10,000 is more or less correct before the touch of 370 plays out in that indicator. For what regards the vertical surge, well looking back at what happened in 2007, the dynamic support that held prices up from 2003 to 2006 was abandoned in mid 2006 just to follow another faster growing dynamic support that eventually led to the distribution at the top in 2007. Well looking at what's going on right now, it perfectly rhymes what happened then imo. The outcome should be the same as well. Obviously that is what I think. Nothing is for sure in this game, sometimes a certain outcome may be more probable than unprobable.....but it can never be for sure. I corroborate my dax observations (I like it because in the past it's been reliable) with what I see here in Milan and also in the cac40 and ibex....so that actually anything is aligning well.

Best
g.g.