Tuesday, July 11, 2017

NASDAQ 100 possible had and shoulders target 5400

Tuesday, September 22, 2015

A year on (more or less)....

S&P cash index and Nasdaq 100 cash

Classic break of bearish rising wedge?

Time will tell.

Small short now
Add to short on retest of broken trend line
if falls off the cliff look at short term charts for short-able bounces

Friday, September 5, 2014

Tuesday, December 3, 2013

DAX correction imminent?

Daily chart may be turning..if so what does WEEKLY look like...................

When turn comes can correct quite a bit and not even dent weekly up trend..

Monday, November 25, 2013

Marriott Marbella Beach Resort Gold Holiday

For sale 1 week Gold HOLIDAY season 2 bedroom. 2 bathroom (sleeps 6)
2012 season still not used.

link to RUSSIAN web site

$ 22,500

 36% off the Marriott Direct sale price!!


If you buy from Marriott direct they list the unit at

Copied from e mail received from Marriott.

"The current listing price as of September 10, 2012 for your 2Bd-2Ba, Gold Holiday season week is $35,500."

Reason for sale: as we live close by we don't use it !! Bought when we lived in the UK.

5* luxurious development.
Close to many GOLF courses
swimming pools, beach, fitness centre, close to Puerto Banus
Wifi, restaurants.

click link for photos and information about the resort.

contact via CONTACT button.

No change in UPTREND ..YET.but some warning signs?


#New all time high !
BUT ..

FTSE seems to be lagging or is it LEADING??  could be froming a bull falg..but surprising with DAX at ATH it hasn't accelerated yet...

INSIDER selling seems to be picking up over last few weeks..sells about 2 to 3 times more than buys
Data from here

Gap up open today..maybe  some PANIC buying finally coming in ? Sign of retail feeling left out?




Bull flag or topping? Weekly chart may give some clues?


Not much clue here still looks like 2 possibles bull flag or double top.. a decisive break above would mor elikely mean NEW ATH as well..

How about monthly?


Monthly LOOKS like a top and possibly important one forming, HOWEVER a MONTHLY chart is LONG term.. best to keep it in back of mind...
RSI starting to show some neg divergence..
Previous tops took over 8 months to form..whipsaw and false breaks up and down.


Thrown in for good measure..
Broken out..
accelerating up..
Only caution is RSI starting to enter overbought, but would suggest at moment no change in trend.

Thursday, October 10, 2013

Update DAX, FTSE

Still twitchy markets, hanging on political situation in USA

DAX daily

Despite all the political turmoil in the USA, the DAX has been very resilient and the down move least pronounced of the European markets.
It seems to suggest that actually the recent down trend is just a correction, and once the political scene in the USA is resolved (which it more likely will be), markets will attempt new highs.  QE likely to continue.

FTSE daily

The FTSE has corrected more sharply than the DAX and has nit made all time highs yet, possibly due to strength of the pound in recent weeks, plus a hit on retail sector, and mining.  QExpecting that more liquidity around the world will eventually raise inflation expectations and tangible assets will rally.

Thursday, September 26, 2013

DAX month of gaps and range

Since Sept the DAX has basically traded in a narrow range, with the big moves coming on overnight GAPs to the upside, coming at all time highs.

After the last gap to all time highs (high 8771) the market has traded back to gap support around 8600 and for 4 days traded in a very narrow range 8700 to 8600.  What next?

Waiting for a break of 8600 for a bigger move down

or a break above 8700 to see if the bull move is renewed and new ATH on the horizon.

proceed with caution if a BULL tighten stops
if a BEAR beware breaking to new highs, may go further and faster than one may think

Daily chart

DAX weekly

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