Unchaperoned

I leave you all alone for a week and look what happens.

070316spxAD

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A helluva bullish divergence last week, and now the oscillator has taken out any potential bearish divergence. This chart is bullish

070216pumpsmall

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The Central Banks haven't given up.

070216pumpbig

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070216goldyen

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Brexit, Pursued by a Bear

Extra credit if you caught the literary reference in today's title.

062516spiral

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The five tops hang from the Spiral not unlike an Alexander Calder mobile.

Mobile c.1932 Alexander Calder 1898-1976 Lent from a private collection 1992 http://www.tate.org.uk/art/work/L01686
Mobile c.1932 Alexander Calder 1898-1976 Lent from a private collection 1992 http://www.tate.org.uk/art/work/L01686

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062516nikyenbig

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062516nikspx

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062516yengold

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Five Bearish S&P Charts

Add up to a sell now.

060916spxAD

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060916spiral

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Unfolding perfectly here.

060916135

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The intraday 135-minute RTH eMini chart issued a net-line sell this morning. The target is now at 2085.

061916spxD

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If that 2085 target is reached in the next few days, it implies a likely trigger of the 2094 daily net-line. A confirmed sell on the daily will target 2020, or a 4% decline from current levels.

060916combo

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The combined Solunar/Tidal is a few days away from a very negative, three-week period.

Weekly Update

The Money Pump is still printing.

060516pumpbig

click chart to enlarge The Money Printing Pump - not bearish. The bankers are getting less bang for their buck here though.

060516pumpsmall

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060516goldcheap

click chart to enlarge Gold is cheaper AFTER it went up $30.

060516spxAD

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Cheap Buck

This week sees both Solunar and tidal forces pointing down together for stocks. Some weakness expected, charts are inside for subscribers.

053016cheapbuck

click chart to enlarge The buck is cheap versus the yen on a relative money-printing basis.

053016cheapgold

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Either gold or the dollar is cheap here - pick one.

052916spxAD click chart to enlarge

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