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[Geomean]

We are getting close to a TDSEQ sell signal on the daily DXY, day 12 of countdown should complete today. TD 377 from the 6/7/10 high hits tomorrow. We are also getting close to a TDSEQ sell set up 9 and countdown (day 12) on WTIC crude. A new nine would cancel the 12. We haven't hit the upside wave targets. We are getting a qualified intraday TD Line break today to the upside on the $Compx daily. $Dax is hanging in there, notwithstanding the rising rates in the PIIGS. There is an ambiguity of inference intermarket wise from these various set ups, although I can see how this might be the catalyst for the final leg up on this wave 5 swing in the averages and completion of a TDSEQ there in the next 5-7 trading days. If the dollar tops, does the Euro zone concern receed? Oil could stall and a set up sell signal doesn't alone doesn't give enough definition marketwise, as it could just as easily cycle upwards. Reminds me a little of Prokofiew's Suite from "The Love for Three Oranges" which the American musicologist Donald J. Grout said is based "on a merrily lunatic plot well suited to Prokofiew's sharp rhythmic style... and to his talent for humor and grotesquerie". I'm looking forward to heaing it this weekend in our new Kauffman Center for Performing Arts. David Ewen says: "Prokofiew's opera is a play within a play. A highly demonstrative audience of Cynics, Emptyheads, Glooms, and Joys watches the performance of a burleque opera about a lengedary Prince. The young man, dying of gloom, can be cured only by laughter. A wicked sorceress, Fata Morgana, thwarts every attempt to lighten his spirits, but when she takes a ridiculous fall during a scuffle with the palace guards, the Prince laughs and is cured." Comments?

Edited by Geomean, 15 November 2011 - 12:23 PM.