Blog/Stock Indicies
Dow Sharp Drop – CAUTION Highly Warranted
The Dow has been dropping sharply ever since it elected the first two Weekly Bearish Reversals at 17732 and 17510. The next key Weekly Bearish Reversals to [...]
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Chinese Stocks Continue to Collapse as World Economy Prepares for Nosedive
Asian shares have retreated. Even the Nikkei has fallen back to two-year lows, following Chinese shares as they further their sharp correction plunge, dropping so [...]
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The Dow & the Two Paths To Chaos
We have a Daily Bullish Reversal in the Dow at 18105.00. A closing above that will warn of a retest of the May high of 18421.13. We still do not see a major crash [...]
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DAX: A View Into the Heart of Europe
In the DAX Cash, we did elect two Weekly Bearish Reversals from the high of the week of April 6. The next key area of support lies down at the 938000 level. Next [...]
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The Dow & the May High
So far, so good. The May high held for June and we achieved the lower monthly closing. Things will be choppy ahead for the remainder of the summer; hopefully we [...]
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Shanghai’s Panic Sell-Off
The first window of opportunity for the temp low in the Shanghai will be tomorrow, the July 9. We have target support at 3615000 and key support at the Weekly [...]
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Is S&P Playing Dirty Games With Ratings Again?
Rating Agencies Testify Before Congress for their AAA-Ratings after 2007 S&P has issued a warning of a UK downgrade if it exits the EU. Quite frankly, we have [...]
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