the dollar index is very close to breaking out.. a close above 77,40 should seal it.
http://stockcharts.com/c-sc/sc?s=$USD&p=D&b=4&g=0&i=p67598526001&a=178153869&are=2047.png
my chartlist
http://stockcharts.com/c-sc/sc?s=$USD&p=W&b=5&g=0&i=p81368472265&a=170440119&are=606.png
my chartlist
http://stockcharts.com/c-sc/sc?s=$CRB&p=W&b=6&g=0&i=p26541035193&a=172909099&are=2992.png
my chartlist
http://stockcharts.com/c-sc/sc?s=$COPPER&p=W&b=5&g=0&i=p57796825908&a=174115776&are=7681.png
my chartlist
http://stockcharts.com/c-sc/sc?s=$WTIC&p=M&st=1989-10-01&i=p03515779366&a=177863344&are=6803.png
my chartlist
http://stockcharts.com/c-sc/sc?s=$GOLD&p=M&b=2&g=0&i=p60249067317&a=177862501&are=3164.png
my chartlist
http://stockcharts.com/c-sc/sc?s=$BDI&p=W&b=5&g=0&i=p56270734711&a=172908738&are=7275.png
my chartlist
lib
commodities looks ready to crash
Started by
liberatorium
, Oct 05 2009 07:22 AM
6 replies to this topic
#1
liberatorium
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Posted 05 October 2009 - 07:22 AM
"The issue which has swept down the centuries and which will have to
be fought sooner or later is the people versus the banks." Lord Acton
be fought sooner or later is the people versus the banks." Lord Acton
#2
Islander
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- Traders-Talk User
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Posted 05 October 2009 - 08:15 AM
This is anomaly is disturbing. A rise in the US dollar would be at best technical and short lived. The BDI is mostly a nod to the failure of global trade to develop as quickly as hoped.
The Fed and the banks can not afford a strong dollar (higher rates) it would give the dreaded double dip recession and if lasting long enough, a depression in the US economy. But we must concede, things appear indeterminate at best.
Best, Islander
#3
johngeorge
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- TT Member+
- 4,616 posts
Member
Posted 05 October 2009 - 11:41 AM
liberatorium
Beautiful charts! Thanks for posting.
Best to you.
Beautiful charts! Thanks for posting.
Best to you.
Peace
johngeorge
johngeorge
#4
liberatorium
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Posted 05 October 2009 - 05:50 PM
Islander, which anomaly are you referring to?
johngeorge, thank you : )
"The issue which has swept down the centuries and which will have to
be fought sooner or later is the people versus the banks." Lord Acton
be fought sooner or later is the people versus the banks." Lord Acton
#5
liberatorium
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- Traders-Talk User
- 208 posts
Member
Posted 06 October 2009 - 02:58 AM
"The issue which has swept down the centuries and which will have to
be fought sooner or later is the people versus the banks." Lord Acton
be fought sooner or later is the people versus the banks." Lord Acton
#6
liberatorium
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- Traders-Talk User
- 208 posts
Member
Posted 07 October 2009 - 05:48 AM
these guyz are bold, lol.. BAM :
US Dollar Model very bullish. Dollar poised to breakout of month-long
basing pattern and should create short-covering stampede into Friday.
First of all I want to reiterate the BAM Model's prediction calling for a
stock market crash. I also want to reiterate it's prediction calling for a crash
in crude oil taking that mkt back to/through 36 dollars per barrel into year-end.
According to our model, we should see sharp downside moves in both of those
mkts into Friday (October 9th) and, yes, we're sticking with our SPX target of 944.
The BAM Model--as far as this bearish forecast is concerned is locked in place and
there's nothing that will change the forecast. Could it be temporarily wrong? Sure.
But based on everything I'm seeing, I'm confident we'll be crashing very soon.
This market 'set-up' has taken months and years to fall in place--as do all market crashes
or melt-ups according to our work--and although the exact turning point can be tough to identify,
I've never seen a single set up like this fail during the 90 years of stock market data I've studied.
US Dollar Model very bullish. Dollar poised to breakout of month-long
basing pattern and should create short-covering stampede into Friday.
First of all I want to reiterate the BAM Model's prediction calling for a
stock market crash. I also want to reiterate it's prediction calling for a crash
in crude oil taking that mkt back to/through 36 dollars per barrel into year-end.
According to our model, we should see sharp downside moves in both of those
mkts into Friday (October 9th) and, yes, we're sticking with our SPX target of 944.
The BAM Model--as far as this bearish forecast is concerned is locked in place and
there's nothing that will change the forecast. Could it be temporarily wrong? Sure.
But based on everything I'm seeing, I'm confident we'll be crashing very soon.
This market 'set-up' has taken months and years to fall in place--as do all market crashes
or melt-ups according to our work--and although the exact turning point can be tough to identify,
I've never seen a single set up like this fail during the 90 years of stock market data I've studied.
"The issue which has swept down the centuries and which will have to
be fought sooner or later is the people versus the banks." Lord Acton
be fought sooner or later is the people versus the banks." Lord Acton
#7
liberatorium
-
- Traders-Talk User
- 208 posts
Member
Posted 07 October 2009 - 05:54 AM
http://stockcharts.c...96&are=3964.png
more charts
http://stockcharts.com/c-sc/sc?s=$SPX&p=60&b=2&g=0&i=p72336390654&a=176067938&are=5629.png
more charts
more charts
http://stockcharts.com/c-sc/sc?s=$SPX&p=60&b=2&g=0&i=p72336390654&a=176067938&are=5629.png
more charts
"The issue which has swept down the centuries and which will have to
be fought sooner or later is the people versus the banks." Lord Acton
be fought sooner or later is the people versus the banks." Lord Acton
