Would appear that a November swoon in equities could be in the offing. Divergences between a variety of technical indicators and the indecies provide the technical backdrop, and with earnings season past and money managers likely looking to book profits for 2010, appears things are ripe to see a sell-off.
Charts would suggest, if such a sell-off occurred, that a downside target could be in the 10,300 range.
Added by Timothy Eklund on October 26, 2010 at 5:48pm —
(Excerpted from the most recent issue of the BullBear Weekend Report and updated on Friday, October 22, 2010)…
Added by Steven Vincent on October 22, 2010 at 5:00pm —
(Excerpted from the most recent issue of the BullBear Weekend Report and updated on October 17, 2010)… Continue
Added by Steven Vincent on October 17, 2010 at 5:00pm —
As I review the landscape at this time, the key feature I am seeing at this juncture is that a number of key markets are playing in the vicinity of significant support and resistance. Some of these are areas of technical significance on a very long term or long term basis. Among the markets… Continue
Added by Steven Vincent on October 13, 2010 at 3:30pm —
Very interesting your article plubished on FSO, but sorry I'd have a question: how do you conceal the commentary's two pillar assumptions: gold is about to break down a raising wedge and commodities do have and should confirm in the near future an enviable bullish trend? I mean: why should commodities skyrocket while gold is about to correct deeply? I learned in the past that gold in commodities market is a leading commodity market indicator. Many thanks in advance and have a… Continue
Added by Fabrizio Russo on October 10, 2010 at 2:52pm —
Added by Steven Vincent on October 8, 2010 at 4:42pm —
We all know someone who seems to be in a constant state of worry and stress. If it's not one thing, it's… Continue
Added by Steven Vincent on October 3, 2010 at 10:00pm —