5 replies to this topic

[CLK]

The whole world is cratering except the Fed run USA. Even Japan declared unlimited intervention but it did not work.

Ok, so......AORD is on a weekly sell after breaking the 4900 pivot, this is an impulse down after making marginal new bull market highs,
they wasted no time in getting out. Something is wrong, the next rally into the Fall could be the end if NYAD is lower.

ST, the way the Fed is buying, it almost is not even worth trading, compared to other markets.

Edited by CLK, 06 June 2013 - 07:20 PM.

[kssmibotm]

The whole world is cratering except the Fed run USA.

If the whole world is "cratering" and the US is stable with a rising US dollar, where do you think foreign money is going to flow?

KMB

[viccarter]

I've said my comments on the short term. I wouldn't get too cocky on all this Fed magic longer term, its the same juice they been shooting for the last several years, this tends to do a job on HPTA. Gonads probably the size of coffee beans about now, and gains tend to shrink if you come off. How is anything different now? If that was the answer, why was everyone not yelling to buy the dip 4ever all the other times? If everyone was so sure FED would support the market forever, let me know on a good dip, not a monthly RSI 5 > 85 and pushed above +2 sigma (last month).

[fib_1618]

this is an impulse down after making marginal new bull market highs

That would be new recovery price highs....and the Aussie A/D line diverged with the recent May high and is now leading lower.

And what the Federal Reserve does has little effect on this market as they have their own central bank that makes their own policy decisions.

Fib

[CLK]

this is an impulse down after making marginal new bull market highs

That would be new recovery price highs....and the Aussie A/D line diverged with the recent May high and is now leading lower.

And what the Federal Reserve does has little effect on this market as they have their own central bank that makes their own policy decisions.

Fib

It was a new high for the 09-13 cyclical bull. I am saying it is tough shorting the US Fed controlled markets compared to others
that seem to not care for Ben's tactics, and if they do, like Japan, still don't work.

I don't know where you get A/D data for foreign markets, I can't find them, maybe you construct your own or Decisionpoint.
The fact there was an A/D weekly divergence means AORD could resume the secular bear here like US in 1937. At some point,
if the Fed has damaged the mechanics of the NYAD by artificially keeping it higher, then we could see a crash like Nikkei or
return to the bear with no divergence. I do not want to believe that, but US markets don't trade like other markets, they don't seem
free to move.

Edited by CLK, 07 June 2013 - 01:03 AM.

[fib_1618]

I don't know where you get A/D data for foreign markets, I can't find them

That's why people subscribe to Technical Watch as we have data found nowhere else on the net.

the Fed has damaged the mechanics of the NYAD by artificially keeping it higher

The FED can't damage money that's available for investment, they can only create enough of it to be used in an applied way...and it's far from being artificial in its make up.

then we could see a crash like Nikkei or return to the bear with no divergence.

This is an emotional guess on your part and shows a lack of understanding when it comes to breadth dynamics.

but US markets don't trade like other markets, they don't seem free to move.

What do you mean "free to move"? Are you implying that there are forces that are "pulling strings behind the curtain"?

Fib