........................Happy Thanksgiving
Happy Thanksgiving. No regular update today. Some important thoughts from Twitter.
SPX (S & P 500, http://bit.ly/i0nsT) has a downtrend since 11-16's 1113.69 cycle high: see http://bit.ly/i0nsT.
SPX's (S & P 500, http://bit.ly/i0nsT) cycle highs at 1113.69 on 11-16/1112.38 on 11-23 might be an important bearish double top, see http://bit.ly/i0nsT.
The five day SPX (S & P 500, http://bit.ly/i0nsT) Wall of Worry (SPX vs VIX) reveals a VERY bearish crash since early 11-19-09; see http://bit.ly/vryF4.
NASDAQ Advances/Declines was modestly negative today 11-25-09, a bearish sign, see http://finance.yahoo.com/advances.
Watch SPX's (S & P 500, http://bit.ly/i0nsT) downside gap/magnet at 1091.38 from 11-23's open; see http://bit.ly/3qGxf3.
Long Bond ETF TLT put in a 92.46/92.45 bullish double bottom Wave 4 Monthly Cycle Low, see http://bit.ly/1PZROX.
Trading tip: Let volume spikes confirm price spikes/inverse spikes (cycle highs or lows).
Follow me (highly recommended), @tradethecycles, on Twitter. Joining is easy, then you simply follow me by clicking follow. Or, you can follow my Twitter web site at http://twitter.com/tradethecycles. Ciao
.......http://www.JoeFRocks.com/
SPX (S & P 500, http://bit.ly/i0nsT) has a downtrend since 11-16's 1113.69 cycle high: see http://bit.ly/i0nsT.
SPX's (S & P 500, http://bit.ly/i0nsT) cycle highs at 1113.69 on 11-16/1112.38 on 11-23 might be an important bearish double top, see http://bit.ly/i0nsT.
The five day SPX (S & P 500, http://bit.ly/i0nsT) Wall of Worry (SPX vs VIX) reveals a VERY bearish crash since early 11-19-09; see http://bit.ly/vryF4.
NASDAQ Advances/Declines was modestly negative today 11-25-09, a bearish sign, see http://finance.yahoo.com/advances.
Watch SPX's (S & P 500, http://bit.ly/i0nsT) downside gap/magnet at 1091.38 from 11-23's open; see http://bit.ly/3qGxf3.
Long Bond ETF TLT put in a 92.46/92.45 bullish double bottom Wave 4 Monthly Cycle Low, see http://bit.ly/1PZROX.
Trading tip: Let volume spikes confirm price spikes/inverse spikes (cycle highs or lows).
Follow me (highly recommended), @tradethecycles, on Twitter. Joining is easy, then you simply follow me by clicking follow. Or, you can follow my Twitter web site at http://twitter.com/tradethecycles. Ciao
.......http://www.JoeFRocks.com/
posted by Joe Ferrazzano at
1:59 PM
3 Comments:
You want to know how to burn calories at a rapid pace? Walk briskly uphill.
By
Joe Ferrazzano, at 2:46 PM
When a lot of people retire early (SS filings up +19% 2009), work part time or give up then new unemployment claims may drop.
By
Joe Ferrazzano, at 4:23 PM
Dubai default news hits markets hard, see http://bit.ly/hvtor.
By
Joe Ferrazzano, at 2:08 PM
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