This is my analysis. Tues Dec 27 December 27, 2011 SP500 weekly chart shows possible bullish spike ahead. Ongoing megaphone wedge ensures eventual crash. USDX daily chart gives bearish warning so should be stock bullish. EURSGD long 1.6936 GBPAUD long 1.5415 [c 1.5419] GBPUSD short 1.5651 [c 1.5636]
Reminder that SP500 monthly chart remains bearish and USDX weekly remains bullish and this big picture outlook will not change.
Merry Xmas, Grand! Once you opened a thread said the Xmas rally was over approximately in the mid of December. What about now? Looks like it is not over yet......
I like how he insinuates a bearish position (because of the USDX) and claims his opinion won't change. Then he attacks someone else, who posts actual analsysis, for fence sitting. Then he reminds us that there is a bullish signal. All before the market open.
Daily Market Analysis RQ Cross Box -Quant Report The Quant Report delivers vital quantitative analysis by combining extensive fundamental, technical and statistical analysis of historical data and anticipated future trends across most asset classes. Each market class is carefully evaluated from multiple vantage points in order to assess its attractiveness and future prospects Financials : S&P 500 4 Green Bullish Metals : GOLD -3 Yellow Neutral FOREX: EURUSD -4 RED Bearish