31/10/2013

SP500 KEY REVERSAL. The chart has been changed to a new higher close. There is NO key reversal. I am sorry


SP500 2 hr and 1 hr 12:44

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SP500 1 hr 12:08

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DOW 1 hr 10:07

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SP500 1 hr 09:46. 755 is not completely out of the woods yet but at 10:00 the 1 hr 8 MA will start rising.

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SP500 2 hr, 30 min, 15 min and 5 min 09:34. 755 is holding so next target is 768 to hold

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SWED day and 2 hr 09:08

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DOW day and 2 hr 08:36

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SP500 day and 2 hr 08:29.

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DAX day and 2 hr 08:06

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SP500 2 hr, 30 min and 5 min 04:31. Minute trends seems to turn up and S line at 756:41 is holding so far. The falling 2 hr 8 MA is the threat and it is falling.

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SWED day and 2 hr close Wednesday at 17:30

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DAX day and 2 hr Wednesday close at 21:00

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FTSE day and 2 hr 04:07

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SP500 has got a key reversal last Wednesday and DOW has got a daily double top. This is a strong WARNING for a trend change and also for the end of the bull market. When the top is in the bear market has started.


DOW has got a daily double top in line and dot chart.

DOW line 03:38










DOW dot 03:38










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SP500 2 hr 03:14. The trend is down since 8 MA has crossed the 21 MA which has turneed down. Support is at the daily rising 8 MA.

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SP500 day, 2 hr, 1 hr and 15 min 02:52. A break below Wednesday' low is dangerous for continued fall.

Day with key reversal in my opinion Oct 30.









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SP500 October daily 30 bar could be a KEY REVERSAL which means the trend has changed to down. The top in this uptrend has been seen.

SP500 day 02:41. Look at Wednesday bar, second from the right. The day opened above Tuesday high which was the close and closed below Tuesday's low. This is a key reversal as far as I understand. Lots of discussions in the literature about this. If it is a key reversal the high in the uptrend has been seen. If the high has been seen a bear market has started which means a WARNING

30/10/2013

SP500 15 min 19:45. Closest to 755 so far has been 756:47. Trend is still down and there is a little more than one hour to go.

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SP500 2 hr 19:29. Indexes are falling after FED decision and SP 500 is closing in on the down S line at 755

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SP500 has now taken 768 and is on its way to test first R at 770:40

SP500 15 min 17:50

SP500 2 hr, 1 hr and 15 min 17:25. FED's information comes at 19:00. This is likely to be a market mover. If downside should be choosen by the market 755 is first S line. On upside 776 is the R

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SP500 1 hr and 15 min 17:06. The index will probably now first take back 768 and make it hold

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SP500 15 min

SP500 2 hr 17:01 closed down at 17:00 at 767.22 just below rising 21 MA.

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SP500 2 hr 16:30. See how the index now is approaching the 21 rising MA which just now is at 768. This must hold to keep the uptrend in place

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SP500 2 hr 16:22 turns down and takes a new low

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SP500 5 min 16:02

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