Thursday, February 2, 2012

Some Interesting Charts

Dow Transports 
  • intermediate cycle top in the process of being formed
  • major support at diagonal time-price square
S&P 500
  • intermediate cycle high being formed
  • sell at break of vesica piscis trendline (any close < 1306)

US $  
  • market is very oversold
  • the structure of the expected bounce will tell much about the long term and intermediate cycle status.

10 year T-Note 
  • short opportunity of a generation is approaching
  • monitor T-Notes for spectacular selling opportunity.

1 comment:

scotty said...

Beautiful charts Fibo, especially the SP 500

CHANGE IN TREND TOP TODAY OR MONDAY 2-6
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