Monthly Archives: January 2014

29/01/2014 View (AUD)


Very quick one on possible scenarios for AUD.
AS in classical EW that applies well to declines 1-2-3 might already in place where big 3 might not yet reached in the bigger scale.
If so, we might see the bounce coming soon but the biggest move is still ahead.
20140128 FXA weks

24/01/2014 view (Sentiment, RUT, S&P200, ANZ, RIO)


Fear perfectly ripe to take a deep dive
20140124 FearGreed
NYSI dynamics finally reached it’s heights to start the reversal
If I took this one into account earlier, I’d be able to gain some extra with better timing
20140124 NYSI
Russel screams for correction on all charts beyond any reasonable sense for the same growth pace
20140124 RUT Days
20140124 RUT Week
Though if its real trend reversal it will take months to play out through intense congestion

ASX S&P200 made a rising wedge break
20140123 XJO 10 days (raising wedge)

In days the diamond resolves as it should so far. I noticed a very similar formation on XJO back in June-Aug 2013 but those times the trend continued.
This time the aggressive sell channel did not sustain but the moderate one is well confirmed
MA9 MA13 crosses MA20 and indicates the uptrend reversal with the lower bollinger band swaying away, ready to accommodate the emerging down trend.
I reckon we should see MA200 retest very soon.
20140124 XJO Days
In the weeks view the up trend is not changed yet
20140123 XJO Weeks Channels

Keeping close eye on banks ready to buy shorts but its is not confirmed yet where HS support still not broken
20140124 ANZ 6 months channels

RIO is nearly resumed the downtrend but the hours triangle is not broken yet.
20140124 RIO 6 months channels

21/01/14 view – WTIC and shares


Crude oil (ZCL warrants)
WTIC days
20140121 WTIC days
WTIC weeks
20140121 WTIC weeks
WTIC months
20140121 WTIC months

Another boatloads of charts while XJO is in flat teritory.
Few of shares ready for trading
RIO Tinto points downwards
20140117 RIO 6months
BHP hits long term resistance
20140120 BHP SHT 6 weeks
CBA at its uptrend support
20140120 CBA 6 week
Medusa at resistance (gold did not draw any bounce out of the downtrend)
20140120 MML LNG 6 weeks
OGC looks like a bear trap with no volume at the breack out
20140120 MOGCLNG 6 weeks
Macquarie at its uptrend support
20140120 MQG SHT 6 weeks
SLR mixed feelings but looks very bullish
20140120 SLR LNG 6 weeks

11/01/2014 view (ASX:S&P200, AUD, Gold bugs)


Another boatload of charts.
S&P200 Still in congestion spread around MA50 and locked in the falling wedge.
20140111 XJO 10 days
Break with retest above 5305 will launch trend reversal aiming to retest 5457. Opposite break points to 5123 MA(200 and the last selloff resistance.
20140111 XJO days
BHP testing the bottom
20140111 BHP 6 months
20140111 BHP Weeks
Weekly XJO view sits at BB middle with negative RSI divergence not resolved yet.
Weekly $NYSI points to more upside whereas sharp $TNX decline may favor the shares rally to continue.
The same Treasure notes dive pushed AUD higher as expected.
20140111 TNX-FXA weekly
Sentiment is not at its peak yet.
Gold shapes IHS but the break out is no yet confirmed.
20140111 GOLD Days
MML, NCM, SLR testing resistance
20140111 MML 6 months
20140111 NCM days