More USDX strength as SPX continues to break down. Informed traders know the rest... 10399 audusd short
Reminder: stocks risk waterfall sell off as SPX uptrend breaks down further. *Nine Ender Exposed* http://www.elitetrader.com/vb/showthread.php?s=&threadid=239642
March 12, 2012 THIS EXCELLENT CALL AND INSIGHTFUL CHART RECORDED FOR POSTERITY. [color=light blue]March 8, 2012 bone ET Sponsor http://www.spreadprofessor.com There is NO competent technical basis to be calling a major market "top" in the S&P. None. ... If I was already long, I would lighten up at 1370 ( last Fall's highs ), 1425, 1500, and short 1575.[/color] http://i40.tinypic.com/33o5gxu.png March 22, 2012 MORE EXCELLENT ANALYSIS & INSIGHTFUL CHARTING RECORDED FOR POSTERITY. March 21, 2012 bone ET Sponsor http://www.spreadprofessor.com We are not in a 'rising wedge'. There is no 'uptrend degradation'. We are in a full blown bullish trend channel... http://i44.tinypic.com/2wn4x0l.png
Upward sloping resistance line remains valid. Risk of waterfall sell off continues. http://stockmarket618.files.wordpress.com/2012/03/2012-03-24_spx_wk2.png
SPX uptrend degradation should now be obvious to all traders - including certain individuals on this thread who have previously revealed a serious lack of TA knowledge and charting ability. AUDJPY bearish daily chart continues and further downside expected.
Since you have now gone ahead and gotten yourself banned from ET due to your bipolar idiocy, I will post this for the record: