✽ Market Analysis ✽

USDX (US dollar) monthly chart indicates an impending break out.

 
WARNING ~ Euro & UK stockbears undermine further equity upside.

Realtime updates:
http://twitter.com/grandsupercycle

EQUITY RALLY WARNING looks confirmed.

XAUUSD daily chart uptrend commences.
AUDUSD daily chart uptrend commences.
GBPAUD daily chart bearish warning confirmed & more downside expected.

Shorts beware: AUDUSD 8 hr chart now gives bullish warning.

Sorry bears, you’re definitely not wanted. But don’t worry the crash can’t
be postponed indefinitely.

WARNING:
USD selling & SPX buying returns, thus distorting FX signals again.

Market dislocation increases.
Mixed signals return as Euro Stockbears threaten equity rally.

GBPUSD & AUDUSD intra day bearish warning.
USDCAD intra day bullish warning.

USDX strength returning.

EQUITY RALLY WARNING:
Ongoing USD suppression now results in USDX weekly chart giving bearish
warning and SPX, AUDUSD, Gold etc will benefit.
Short sellers will be burnt yet again, thus ramping the market higher which
eventually will ensure a more violent crash.

Realtime updates:
http://twitter.com/grandsupercycle

Stock Bears are back in control.
SPX daily chart downtrend resumes & opposite for USDX.
Weekly charts of key equity indices remain bearish & sell off awaits.

I still expect precious metals to follow stocks down.

EURUSD intra day gives bearish warning after Friday bounce &
USDX strength & SPX weakness returns.

SPX intra day chop keeps fluctuating.
Larger time frames remain bearish/neutral.
Daily & weekly charts remain overextended and risk of waterfall sell
off continues.

Realtime updates:
http://twitter.com/grandsupercycle

SPX 4 hr chart shows possible rising wedge (ie bearish)
Weekly chart remains bearish.

SPX buying returns to burn more shorts.

Usual story: after the SPX upward spike today – the sellers then return.

SPX buying increases, risking another bear attack with resultant short
covering.
FX & equity dislocation increases – warning of serious market instability.

Realtime updates:
http://twitter.com/grandsupercycle

This latest SPX buying & USDX selling should burn lots of shorts giving
another artificial equity spike.

SPX buy support continues as another short covering rally commences.

GBPCAD daily/weekly/monthly are now bullish so good upside expected.

The impending big move down get closer.
SPX / DOW / NASDAQ weekly chart bearish warning continues.
SPX & DOW weekly charts show bearish megaphone pattern.
DAX daily bearish megaphone confirmed.
DAX weekly bearish megaphone continues.
As noted numerous times, despite the suppression a significant
USD rally is expected.

Realtime updates:
http://twitter.com/grandsupercycle

The big picture Wile E. Coyote market top.
SPX Monthly April 4 2012
Originally I thought it had topped a couple of months ago.

Reminder: DJIA daily chart shows probable head & shoulders pattern
(ie bearish) Weekly chart bearish warning for key equity indices continues.
 

The market top is shown on SPX daily chart.
 
Market intervention only results in further chart overextension and ensures
a more extreme reaction and waterfall sell off ie the Wile E. Coyote
scenario. As mentioned, natural market forces can be postponed but never
stopped. The delaying process results in overextended charts and more
volatile crashes.