market musings:
bradley...still early but appears to be an inversion and we may grind higher into mid-sept, with reactions around
july and august opex weeks (no clue why its working...understand astrologers say aquarius is most auspicious sign
in the zodiac and i can't argue with that, ahem...but it is for now...just don't try to front run and wait for confirmation imo)
amanita.at
monthly indices ADX +DI/-DI on course to cross by end of year, i can't stress how bloody important a bull signal that would be
13/50ema cross on weeklies, 13 initial support/50 strong support:
stockcharts.com[h,a]waclyyay[df][pc13!c50][vc60][iUb14!La12,26,9]&pref=G
stockcharts.com[h,a]waclyyay[df][pc13!c50][vc60][iUb14!La12,26,9]&pref=G
my anecdotal read of stockboard/financial press sentiment...there is tremendous disbelief of this
move and possibilty of significantly more upside...exactly what bull moves require
popular press is starting to sniff sumfin's up, but haven't seen any 'bull is back' stories on the cover of time/business week, we will before a top is in
wag targets NDX 1425-1475, SPX 1060-1100 by mid sept, the usual sept/oct swoon of 10-15%, and then finish year strong around NDX 1700+, SPX 1150+
new highs in some of our lifetimes...why not? trade well g
cheers |
