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MARKET THOUGHTS


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#1 Mr Dev

Mr Dev

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Posted 26 June 2014 - 10:39 AM

the RUT double top formation.. looks just like 2011 ...all over again.

and not surprising to some.... a lot like 2007 !

knowing how the FEDS added QE in 2012 to avoid a double top then and a triple top for the SPX shown in yesterdays chart of the ..XVG chart
also shown below...
.i doubt that we see the same QE added after this next decline.


enjoy
:bowtie:

Posted Image

Posted Image

Edited by Mr Dev, 26 June 2014 - 10:49 AM.


.. .. ..
Mr Dev

......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!

#2 Mr Dev

Mr Dev

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Posted 26 June 2014 - 11:01 AM

the black chart shows better at full size so dont forget to click it ...to view at a FULL scale.

Edited by Mr Dev, 26 June 2014 - 11:02 AM.


.. .. ..
Mr Dev

......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!