Above there are three charts courtesy of eSignal.
From top to bottom, XVG, SPX, EUR...
Below each chart is an oscillator...
The top chart, XVG, has recently been acting as a good proxy for the stock market...
Past performance is not indicative of future results.
JustSignals successfully uses both composite cycles and technical analysis to maximize gains and minimize losses... "Confidence is contagious. So is lack of confidence" -Vince Lombardi
Tuesday, June 25, 2013
Monday, June 24, 2013
The chart posted on June 11th 2013 indicated an impending top
Astro chart vs the SP&500 - the tops line up incredibly well ...
And it did so again since June 11th...
http://bit.ly/1brQHMh
Past performance is not indicative of future results.
And it did so again since June 11th...
http://bit.ly/1brQHMh
Past performance is not indicative of future results.
Thursday, June 20, 2013
GLD update
This GLD weekly chart above was updated today and looks like GLD is going through further base building with possible positive divergence... Looking to see if the positive divergence holds and leads to a rally...
The breakout to the down side is looked at in more detail in the charts below.
This GLD daily chart above is courtesy of eSignal, shows that the sell off today was a "possible" completion of an Elliott corrective impulse wave...
Below is another precious metals chart with another indicator...
This XAU daily chart above is courtesy of Worden Bros. and has recently been giving some good signals in the oscillator below the price chart... It also displays a potential positive divergence also...
Today's sell off in equities, bonds & gold would indicate we are in or will be in a deflation period...
But we need to see more than one day of this type of action to firmly come to this conclusion...
So where did the money flow to today ? The US Dollar ?
Past performance is not indicative of future results.
The breakout to the down side is looked at in more detail in the charts below.
This GLD daily chart above is courtesy of eSignal, shows that the sell off today was a "possible" completion of an Elliott corrective impulse wave...
Below is another precious metals chart with another indicator...
This XAU daily chart above is courtesy of Worden Bros. and has recently been giving some good signals in the oscillator below the price chart... It also displays a potential positive divergence also...
Today's sell off in equities, bonds & gold would indicate we are in or will be in a deflation period...
But we need to see more than one day of this type of action to firmly come to this conclusion...
So where did the money flow to today ? The US Dollar ?
Past performance is not indicative of future results.
Monday, June 17, 2013
GLD weekly chart
GLD weekly chart from July 2011 with an overbought oversold oscillator below...
If the declining tops on the oscillator gets broken to the upside, that action may indicate that we may have a decent rally on GLD...
Until then GLD should be in some kind of a base building pattern...
Past performance is not indicative of future results.
Friday, June 14, 2013
GE vs $EUR see the similarities
These are the monthly charts of GE and $EUR (Euro) from 1992 to the present...
How amazingly similar they are...
Past performance is not indicative of future results.
Tuesday, June 11, 2013
Astro chart vs the S&P 500
The above shows the S&P 500, in the top chart, compared to an astrology chart just below.
The peaks in the astro chart are, April 2010, July 2011 and March 2012.
We are currently in the window of another peak in the astro chart and a potential top in the S&P 500.
These peaks do not have any correlation to a short term, intermediate or major tops, just that some kind of top is probable.
The use of additional indicators must be used to help time and confirm this action at all times.
Past performance is not indicative of future results.
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