*Market Outlook*

This is a discussion on *Market Outlook* within the Indices forums, part of the Markets category; Key index weekly charts now give bearish signals – the correction gathers momentum. Next S&P500 target is 1222 but that ...

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Old Jun 8, 2011, 12:57pm   #1
Joined Jun 2011
*Market Outlook*

Key index weekly charts now give bearish signals – the correction gathers momentum.

Next S&P500 target is 1222 but that won't hold.

Unfortunately March 2009 lows will be breached.

Be careful folks.

stockmarket618.wordpress.com

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Old Jun 8, 2011, 5:57pm   #2
 
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Re: *Market Outlook*

if you add the chillis with the asafoetida powder as the olive oil starts to smoke, on high heat, then you can let the flames give that smokey edge to the favour as you tip the pan over the flame just enough.......oh, wait, hang on .......not with the grande le soup a cycle needing to be stirred first....ah, cooking elliott is so cabernet, wouldnt you say?
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Old Jun 8, 2011, 6:02pm   #3
 
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Re: *Market Outlook*

More poetry please, Joules
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Old Jun 9, 2011, 6:14am   #4
 
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Re: *Market Outlook*

Quote:
Originally Posted by Mr. Charts View Post
More poetry please, Joules

rofl......couldnt help that one.....

if you trade long enough you'll see everything ......repeated!
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Old Jun 9, 2011, 3:54pm   #5
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Re: *Market Outlook*

GrandSupercycle started this thread USD SHOWS FURTHER STRENGTH AS EURUSD ROLLS OVER.
Bring on the overdue dollar rally ...
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Old Jun 10, 2011, 7:22am   #6
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Re: *Market Outlook*

GrandSupercycle started this thread EURUSD downtrend and USD uptrend continues.

Key equity index weekly charts give bearish signals as the choppy correction gains momentum.
S&P500 target is 1222 but that won't hold.
Unfortunately the March 2009 lows will be breached.

stockmarket618.wordpress.com
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Old Jun 15, 2011, 10:36pm   #7
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Re: *Market Outlook*

GrandSupercycle started this thread It took a while... but USD rally has started and significant upside is expected.

S&P500 VERY BEARISH WARNING - http://bit.ly/jC0Sau - http://bit.ly/j79lD5
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Old Jul 2, 2011, 9:00am   #8
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Re: *Market Outlook*

GrandSupercycle started this thread Since DOW/SP500 is now EXTREMELY overbought, the reaction next week should result in a significant retracement.

S&P500 daily charts show updated rising wedge and possible head and shoulders pattern with target of 1150 when confirmed. Recent aggressive buying and short covering is revealed by very bullish candles.

http://stockmarket618.wordpress.com
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Old Jul 6, 2011, 1:14pm   #9
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Re: *Market Outlook*

GrandSupercycle started this thread DOW/SP500/FTSE/DAX still indicate impending retracement.
DOW futs last 12,502
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Old Jul 7, 2011, 12:22pm   #10
 
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Re: *Market Outlook*

we are not indicating heading north, in fact we are heading north and what is more interesting is that the move is not impending, rather, it is in motion

Dow futes currently 12650(ish)

Last edited by Joules MM1; Jul 7, 2011 at 12:56pm. Reason: gosh those futes do go speedily, dont they?
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