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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: Joseph Silent who wrote (36339)8/13/2012 12:59:05 PM
From: Challo Jeregy  Respond to of 223401
 
fwiw, Barry Ritholtz rarely has this many bearish charting articles on the same day -

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Dick Arms has what may be the most challenging technical charts I have seen in a while for the bulls:

“There are times when the market gives the impression it is fading into nothingness. Volume becomes very low, trading ranges become very small, volatility becomes very low. Also, there is very little change in market levels and day-to-day fluctuations are minimal. Looking back at history, when that happens it is almost always a sign of a market high point.”

The chart — the VIX is inverted – below is a warning:



ritholtz.com

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Dr. Copper is weak and at risk for a downside break, according to Merrill Lynch’s technical team:



ritholtz.com



To: Joseph Silent who wrote (36339)8/13/2012 1:01:16 PM
From: Challo Jeregy  Read Replies (1) | Respond to of 223401
 
I know the charts look awful - gloomy, bearish, overbought, yada, yada -

but for some reason, I just don't feel that gloomy . . . . . . . .

I don't know. It must just be me . . . . .