3 replies to this topic

[Trend-Signals]

SPX target 1460 +/- "Breakout Retest" Scenario to New Highs: The target SPX 1460 +/- with 3/5-3/14 double bottom call will meet today. I am anticipating a consolidation period at the major resistance - i.e. double top resistances for major markets.

We might see SPX 1460 +/- target with "Breakout Scenario" today. As noted before, "Breakout Retest" is a strong TA signal, normally leading to making new highs.

Cyclically, it confirms the cyclical 4-yr bottom which I commented during the Jun-Jul 2006 low which I posted with the call on this site as well. As commented on the previous posts, I do not micro-manage small cycles because it is not necessary for my style of market timing; however, I will be occasionally commenting on it in a couple of months.

Good trades

http://www.traders-t...showtopic=68694


http://www.traders-t...showtopic=68651


http://www.stockchar...09398&r=598.png

http://www.stockchar...77535&r=859.png

http://www.stockchar...40300&r=617.png

http://www.stockcharts.com/c-sc/sc?s=$SPX&p=60&yr=0&mn=2&dy=15&i=p73797548221&a=79285156&r=517.png

http://www.stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=9&dy=0&i=p22648394504&a=76929034&r=579.png

http://www.stockcharts.com/c-sc/sc?s=$SPX&p=W&yr=4&mn=8&dy=0&i=p49229126946&a=78987374&r=825.png

http://www.stockcharts.com/c-sc/sc?s=$INDU&p=D&yr=0&mn=10&dy=0&i=p31631774778&a=76966992&r=329.png

http://www.stockcharts.com/c-sc/sc?s=$INDU&p=W&yr=4&mn=0&dy=0&i=p63151936612&a=76929550&r=145.png

http://www.stockcharts.com/c-sc/sc?s=$COMPQ&p=D&yr=0&mn=8&dy=0&i=p21609042622&a=76909044&r=764.png

Edited by Trend-Signals, 09 April 2007 - 07:01 AM.

[Trend-Signals]

ASIAN BULL MARKET: $SSEC

I commented on China $SSEC breaking out since the beginning of Market.

Now it has broken out of 17yr TL breakout and is continuing to making new highs, $SSEC 3400.

Also commented on $KOSPI breaking out from the resistance. It has also broken out of 1470, to 1500.

http://www.stockcharts.com/c-sc/sc?s=$SSEC&p=D&yr=0&mn=6&dy=0&i=p02439948996&a=66381250&r=667.png
http://www.stockcharts.com/c-sc/sc?s=$KOSPI&p=W&yr=3&mn=6&dy=0&i=p75413615740&a=94929938&r=190.png
http://www.stockcharts.com/c-sc/sc?s=$NIKK&i=p75413615740&a=66382662&r=238.png

[xe2dy]

Trend-Signals, thank you for sharing your thoughts and fine charts!

[Trend-Signals]

Trend-Signals, thank you for sharing your thoughts and fine charts!

Thanks xe2dy!

Market is trading in light volume waiting for earning reports.

Volumes during the last week were light due to holiday trading. I am anticipating volumes to pick up during earning report.

We have AA reporting tomorrow.

Good trades


http://www.stockchar...00102&r=822.png

http://www.stockchar...00102&r=822.png

http://www.stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=3&dy=0&i=p28661478751&a=91400102&r=822.pnghttp://www.stockcharts.com/c-sc/sc?s=$COMPQ&p=D&yr=0&mn=3&dy=0&i=p28661478751&a=91400102&r=822.png

http://www.stockcharts.com/c-sc/sc?s=$INDU&p=D&yr=0&mn=3&dy=0&i=p28661478751&a=91400102&r=822.pnghttp://www.stockcharts.com/c-sc/sc?s=$OEX&p=D&yr=0&mn=3&dy=0&i=p28661478751&a=91400102&r=822.png

http://www.stockcharts.com/c-sc/sc?s=$MID&p=D&yr=0&mn=3&dy=0&i=p28661478751&a=91400102&r=822.pnghttp://www.stockcharts.com/c-sc/sc?s=$SML&p=D&yr=0&mn=3&dy=0&i=p28661478751&a=91400102&r=822.png

http://www.stockcharts.com/c-sc/sc?s=$NYA&p=D&yr=0&mn=3&dy=0&i=p28661478751&a=91400102&r=822.pnghttp://www.stockcharts.com/c-sc/sc?s=XLE&p=D&yr=0&mn=3&dy=0&i=p28661478751&a=91400102&r=822.png