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[Trend-Signals]

60m shows positive divergences after daily positive divergences.

We already had multiple climactic market actions, but still hearing bad news drum beat.

Markets are trading at CRITICAL SUPPORTS! x

Market reaction to AMAT report will be another directional confirmation.
AMAT is trading at support.


http://www.stockchar...09398&r=568.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=p22232131775&a=76929034&r=724.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=$INDU&p=W&yr=4&mn=7&dy=0&i=p06542340040&a=76929550&r=152.png
http://www.stockcharts.com/c-sc/sc?s=$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=6&dy=0&i=p22094758617&a=77295648&r=443.png


http://investorshub....age_id=22056962

Date:8/14/2007 12:04:19 PM
Post #of 2051

Going into 11:03 am reversal, market sell volume was very low as we can see even now NASDAQ 800,000 less than 1M.

This tells me that the climactic sell-volumes which we have seen looks to be indeed climactic sell in fear. Many sellers are already sold or shorted and are waiting for markets to pull back.

AMAT earning report and market reaction is another catalyst for directional confirmation.

Edited by Trend-Signals, 14 August 2007 - 12:39 PM.

[Trend-Signals]

THE SUPPORTS:"Breakout of LT Price Channel and RST Breakout" - CRITICAL SUPPORTS WHICH BULLS MUST DEFEND!

A break below the current support is extremely bearish.









BREAKING THE SUPPORT === Through out FRACTAL FORMATIONS...


Date:8/11/2007 11:27:11 AM
Post #of 2052

My market reversal comments during "Jun-Jul 2006" bottom and "Mar 2007" bottom will show "Fractal" characteristics of the current market condition. I commented on climactic technical reading recently as well.

The emphasis is on the major market turn, in addition to Fib comment on Fractal on March 2007 bottom. We can clearly see that "Mar 2007" is a fractal of "Jun-Jul 2006" with "W" double bottom formation. Furthermore, I am pointing out that the current market development is more significant development which is resembling "Jun-Jul 2006" market characteristics.



My comments on Jun-Jul 2006 reversal can be found on TT search:
http://www.traders-t...showtopic=74446

Edited by Trend-Signals, 14 August 2007 - 12:58 PM.