Trade the Cycles

Tuesday, October 27, 2009

...........Only $6.605 Billion Fed Credit Today

Only $6.605 Billion Fed Credit today, see http://bit.ly/159fG3.

SPX put in another bearish spike/dark candle yesterday: see http://bit.ly/i0nsT.


NDX put in a bearish triple top the past four sessions: see http://bit.ly/11JgKT.

Watch SPX's downside gap at 1057.58: UGLY/BEARISH 5 day chart at http://bit.ly/nzwcN
.

"On An Inflation-Adjusted Basis SPX Has Been In A Secular Bear Market Since March 2000;" see http://bit.ly/JKhdZ .


.......http://www.JoeFRocks.com/

3 Comments:

  • Keep in mind that the market tends to fall faster than it rises, larger % declines than % gains, &, those declines will be from high levels.

    By Blogger Joe Ferrazzano, at 9:33 AM  

  • "US Personal Income," see http://bit.ly/PnmK7, crashed since 2006.

    By Blogger Joe Ferrazzano, at 9:33 AM  

  • H1N1 stock SVA is probably in a countertrend Monthly Wave 4 Upcycle, see http://bit.ly/BnGf9.

    By Blogger Joe Ferrazzano, at 9:34 AM  

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