Look back over the past, with its changing empires that rose and fell, and you can foresee the future too.

— Marcus Aurelius


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Tuesday, March 13, 2012

Finally ! The beginning of the end?

Well it finally looks like equity markets will resolve the last months trading range to the upside after a false downside break last week.  HOWEVER this looks to be the final move up before the SIGNIFICANT correction...

There seem to be a few divergences..

USD is rallying even as equity markets are rallying...(is smart money already going into safe (perceived) assets?)

Looks like new highs (if we get there)  will be diverging from RSI

DAX 3 hrs


A break above 7000 could see 7200 pretty quickly, but looks like that will be the end of this leg up or may be the end of the BULL run for now....either way the next big move will be down...

patience..wait for it !


 Finally making a move to 6100?

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