For sure, you could still win, but you are kind of late to the game for
this free Platinum, you can enter up to March 23, and closest to spot
price on March 29 wins the Platinum coin.
Apparently, Richard Russell is bullish again with Dow Theory confirmation, as he is at all tops which isn’t surprising considering he has admitted that he was a buddy of Bernard Baruch, the previous generation’s Warren Buffett (who once advised him to get rid of his Southern accent if he ever wanted to make it in NYC).
Check /
Charles Nenner sightings and updates all over the internet ala March 2009
Friday was 75 trading days from the November 16 low and a Fib 233 days from the 4-2 high. (43day drop followed by a 72 day advance then 43 day drop into Nov 16 last year). The 75 day advance has basically been subdivided into fib. components. A 21 day rally into the Dec. high followed by an 8 day drop then a 33 day rally into the Feb 22 top. 13 days later was Friday. Take out the final day of the 8day drop and add it to the 33 day rally produces a fib 34 days. (That 8th day was a lower low but the start of the new advance)
Going back to 4-2, that high was preceded by a fib 89 day rally off the Nov./Dec 2011 lows…so Friday was 322 days later.
Anyway, Friday’s action basically put up gravestone dojis on all the indices. The opening gap occurred near the high of the day with most inidices retraceing almost all of that gap price but then bouncing to a slightly higher high on the day before finishing just slightly below the open.
The dragonfly doji is a very rare candlestick and supposedly marks key turning points although the last one I saw didn’t work out. But the indices are completing Lindsay’s domed house pattern with a steeple finish on top. (The Dow and SP putting in 3 bars in the new high range). In fact, the $ndx , although not putting in a new high, has an almost exact pattern to the domed house top in the SP in August 1987). RSIs are divergeing once again at these new highs just as was seen at the $ndx, double top high in March 2000. (another domed house pattern)
Friday could also be marking another pattern of the market topping out on a Friday before a new decline takes hold ala 4-23-2010 (the daily and weekly chart pattern matches the pattern seen then) and 7-22,2011, 418trading days earlier. And 9-14 last year or 118 trading days earlier.
Blackberry Update: http://niftychartsandpatterns.blogspot.in/2013/03/blackberry-chart-analysis.html
Well Peter, so far nothing seems to stop the might Bull.
ES Charts: http://niftychartsandpatterns.blogspot.in/2013/03/es-chart-analysis_11.html
Red, not sure about tomorrow, but the fed stops purchasing treasuries on the 1st= another 11 day
For sure, you could still win, but you are kind of late to the game for
this free Platinum, you can enter up to March 23, and closest to spot
price on March 29 wins the Platinum coin.
But ONLY the first correct guess wins
http://oahutrading.blogspot.com/2013/03/free-precious-metals.html
Apparently, Richard Russell is bullish again with Dow Theory confirmation, as he is at all tops which isn’t surprising considering he has admitted that he was a buddy of Bernard Baruch, the previous generation’s Warren Buffett (who once advised him to get rid of his Southern accent if he ever wanted to make it in NYC).
Check /
Charles Nenner sightings and updates all over the internet ala March 2009
Check /
Friday was 75 trading days from the November 16 low and a Fib 233 days from the 4-2 high. (43day drop followed by a 72 day advance then 43 day drop into Nov 16 last year). The 75 day advance has basically been subdivided into fib. components. A 21 day rally into the Dec. high followed by an 8 day drop then a 33 day rally into the Feb 22 top. 13 days later was Friday. Take out the final day of the 8day drop and add it to the 33 day rally produces a fib 34 days. (That 8th day was a lower low but the start of the new advance)
Going back to 4-2, that high was preceded by a fib 89 day rally off the Nov./Dec 2011 lows…so Friday was 322 days later.
Anyway, Friday’s action basically put up gravestone dojis on all the indices. The opening gap occurred near the high of the day with most inidices retraceing almost all of that gap price but then bouncing to a slightly higher high on the day before finishing just slightly below the open.
The dragonfly doji is a very rare candlestick and supposedly marks key turning points although the last one I saw didn’t work out. But the indices are completing Lindsay’s domed house pattern with a steeple finish on top. (The Dow and SP putting in 3 bars in the new high range). In fact, the $ndx , although not putting in a new high, has an almost exact pattern to the domed house top in the SP in August 1987). RSIs are divergeing once again at these new highs just as was seen at the $ndx, double top high in March 2000. (another domed house pattern)
Friday could also be marking another pattern of the market topping out on a Friday before a new decline takes hold ala 4-23-2010 (the daily and weekly chart pattern matches the pattern seen then) and 7-22,2011, 418trading days earlier. And 9-14 last year or 118 trading days earlier.
APPLE Weekend update: http://niftychartsandpatterns.blogspot.com/2013/03/apple-weekend-update.html
CRUDE OIL Charts: http://niftychartsandpatterns.blogspot.in/2013/03/crude-oil-chart-analysis.html
GOLD Trend update: http://niftychartsandpatterns.blogspot.in/2013/03/gold-trend-update.html