The mkt has dropped way below the upsloping 50 ma (turquoise line). Looks like it wants to go somewhere fast and a high % of the time it will come back and visit the 50ma after a big break - (to its equilibrium). Notice the daily MAC red line is in ...

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TRIGGER - H4 enters GREEN ZONE

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BTW - apparently the mkt liked the news last night.

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The time slot for the bear move is dwindling. Probably gonna be flat and choppy for a while with this bull/bear tug of war.

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Yep, several years back I overloaded the boat and IT SANK !!!

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MIXED Signals — Is the upside correction over? Market rallied to the top of the 4H MAC (green line) and DOJI'ed out. Momentum rose high enough to exceed previous highs and has hooked south. Can it break the 4H MAC? If it does - it would be ...

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Here's a BIG one : Get egotistical and throw all your money into one trade (all eggs in one basket) and the market WILL make you humble again. Try it.

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News flash : Gloom & doom continues to build around AUD, China & potential rate cuts weigh. ThomsonReuters.com Is it already 'in the market' ???

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GET READY DB - the bear cycle lasts for six weeks. We have been in it for a month now. The last two weeks have a history of being choppy. Does "fandango" mean choppy action ??? If so, we're at or near the fandango zone.

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I don't believe it will get the strength to make it to 10315, DB. The BEAR cycle/seasonal influence is just too powerful for the bulls to overcome for the next week or two.

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For one - its been a large down move without much corrective action. Nothing written in stone - just possibilities. But I believe the bulls are in for more disappointment. CAUTION - the very short TF's are in the middle of a bull fake out. We got ...

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The short TF's (less than 1H) are very near to buy signals. Wouldn't surprise me to see some sort of upside corrective action. I see strong resistance at 10315 on the weekly charts.

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Start with your monthly charts. What does it tell you? Then the weekly - what is it saying? Then daily - whats the PA there? Then move on down to the shorter term TF's and see what it is doing in relation to the bigger picture. Just trading a 15m ...

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The golden rule is weekly/daily charts. Whats the ADX saying on the bigger time frame ?

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Top of the MAC stands at 10268. A close above would put the H4 PA in the bull zone.

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H4 MAC channel and middle bollinger containing the rallies. Looks like a rally to the 10230's would be a good selling point.

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Its don't matter none to me Robot. My only concern is my account.

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Look for decent support at 10101. Bottom of weekly MAC channel. Don't know why it works, but it works.

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Yep, happened to me too a time or two.

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