6 replies to this topic

[Trend-Signals]

Hi TT:

Hope that you are doing great. Was off from the board because I was traveling during the last couple of months, but was posting on my ihub board.

Commented on $SOX/SMH 7-mo trading range breaking during April 2007; and now we have a confirmation and traded to targets.

Also, Qs traded to target, 50 +/-.

Dow traded to 14000 target.

SPX traded to SPX 1550 target

http://www.traders-t...hl=SOX breakout
http://www.traders-t...hl=SOX breakout

During early May, the initial vst/ST sell-signals resolved in consolidation and have broken out from RST/megaphone formation which I commented during the last couple of months while I was traveling.

http://investorshub....p?board_id=8800

Commented on the negative breadth which is not confirming the SPX 1550 breakout and noted that the vst/ST "W" formation breakout targeting SPX 1600.

Because we have strong trend, it is difficult to time the ST top as I have changed unconfirmed top formation call on 7/10 with vst intra-breakout retest rebound.

Since markets are in control than ever before, MM does have greater capability to control the market direction.

Anyone thinks that $USD will trade below 79?

Good trades



http://www.stockcharts.com/c-sc/sc?s=$USD&p=W&st=1980-02-06&i=p48040905787&a=97283781&r=877.png

http://www.stockchar...09398&r=374.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=$INDU&p=W&yr=4&mn=3&dy=0&i=p72794457382&a=76929550&r=647.png
http://www.stockcharts.com/c-sc/sc?s=$COMPQ&p=D&yr=0&mn=8&dy=0&i=p21609042622&a=76909044&r=764.png
http://www.stockcharts.com/c-sc/sc?s=$COMPQ&p=W&yr=4&mn=3&dy=0&i=p53935525265&a=77295648&r=218.png




http://investorshub....age_id=21286835

[Trend-Signals]

Lately $USD and $SPX are showing inverse performance as we can see on the LT $USD and SPX comparative chart.

It seems if $SPX continues to trade up to the SPX 1550 breakout targets, then, if the inverse relationship continues, $USD could break below 79.

Wondering whether anyone has good insight on the $USD outlook.


http://investorshub....age_id=21233149

$USD

[Trend-Signals]

Cycles: Commented on the 4yr cycle being Jun-Jul 2006 low in 8yr up-cycle. You will see my comments during that time. We now have SPX 1550 initial breakout which is confirming that the Jun-Jul 2006 was the 4yr cycle low; but, the SPX 1550 breakout is questionable at this time because of weak breadth showing lower/low, e.g. $NYA.

http://investorshub....age_id=21279523

The healthy breadth is necessary to see a successful breakout of SPX 1550 which is a significant LT breakout than DOW breakout in Oct 2006.

Anyone is voting for a healthy pull back?

Anyone thinks that market has a bed of featherly soft landing?


If SPX 1550 break is successful, market is forcing the featherly soft landing.



http://stockcharts.com/c-sc/sc?s=$UST3M:$UST10Y&p=W&st=1990-01-01&i=p31823012633&a=78245657&r=564.png

[DonBart]

When I go to your trend-signals website all I see is a blank screen. No page loads. Is your webiste having problems or do I need to change some setting on my browser? Thanks, Don

[greenie]

Hello TS, My LT target for USD is 60. Yes I do expect it to drop below 79, but not sure whether it will happen right next week or take a month or two. It will happen on any sign of US economic weakness that suggests Fed rate cut. Greenie

[mdwllc]

Lately $USD and $SPX are showing inverse performance as we can see on the LT $USD and SPX comparative chart.

It seems if $SPX continues to trade up to the SPX 1550 breakout targets, then, if the inverse relationship continues, $USD could break below 79.

Wondering whether anyone has good insight on the $USD outlook.


http://investorshub....age_id=21233149

$USD



Hi TS: Good to see you back after your trip. As posted on Swing Trades, I am trying to pick up US$ contracts at 80.25...there is a possibility that it could get to 79.79 on this move, but I think 80 is more probable. The key dates to look for are 8/1 or 8/8. Good trading...MDW

[Trend-Signals]

When I go to your trend-signals website all I see is a blank screen. No page loads. Is your webiste having problems or do I need to change some setting on my browser?

Thanks,
Don

Hi Don,

Thanks for letting me know. I noticed the same problem when I use Internet Explore but didn't take the time to fix it. I usually use Firefox because it has good features.

Think that it is fixed now so you will be able to bring up my web pages.

Please let me know, if you can't access the pages via email.

Thanks again and best wishes for your trades

Hello TS,

My LT target for USD is 60. Yes I do expect it to drop below 79, but not sure whether it will happen right next week or take a month or two. It will happen on any sign of US economic weakness that suggests Fed rate cut.

Greenie

Hi Greenie,

Based on the contra syn performance between SPX and USD, SPX breaking above 1550 will likely take USD to below 79.

If USD breaks below 79, the break projection will be normally targeting near 60; however, we had a false break down during Aug/Sept 1992 with which we might see the similar scenario.

Good luck with your trades and best wishes!

http://investorshub....age_id=21233149


Hi TS: Good to see you back after your trip. As posted on Swing Trades, I am trying to pick up US$ contracts at 80.25...there is a possibility that it could get to 79.79 on this move, but I think 80 is more probable. The key dates to look for are 8/1 or 8/8. Good trading...MDW

Hi MDW,

Good to see you as well. I think that we discussed cycles when we conversed last time. I need to review the posts.

Thanks for letting me know and hopefully that USD will not be crushing as greenie suggested. There are pros and cons for weak USD, but certainly crushing USD is not something that we would want to see.

Weak USD certainly makes traveling oversea expansive.

Best of luck with your trades