Market Report 3/29/16/ trailing sell stop 17500, gain(1100), CG(3520), 11/20/15

Gold /GC rose to 1241.9 in line with USD/CHF drop after Janet Yellen's speech, 4 out of 9 stochastics down including monthly, losing relative strength, test of 1138-1175 area imminent, resistance 1352, support 1173, long term support at 1045. USD/CHF down to 0.9661 due to relentless QE..., USD/CHF in long term decline, very sluggish, 7 out of  9 stochastics down, including monthly. DJI Futures +20, market rose, but failed to close below trailing sell stop at 17,500 and bounced back above 17,500, gain(1100) since establishing position at 16,400, break of the resistance envelope, market broke the lock on one deviation from the pivot of 16,160. On the DJI monthly chart the market is making the beginning of a new down leg to 15,391 and 12,081, which is bellow the 50% re-tracement point of 12,425, i.e a nasty bear market. Market out of equilibrium with 2 out of 9 stochastics down, a top, market has bounced of the upper corner of the declining tops triangle resistance bounded above by the 17603 and below by 17,500,16,975, 15,946,15,370,and 12081 mean support bands. Watch for DJI breaking support and gold breaking over 1282 after correcting to lower 1100.  The 8 year old circus act of Comrade Janet Yellen UN, an unelected person representing a private entity answerable to no one, saying again that interest rates were, are and will be zero until Hillary or Comrade Sanders are elected, else she will let them explode if Trump & Co are in the White House, a scorched earth policy. Insiders may be setting an on upside gap opening based on an irrelevant news such as FBI finding Hillary innocent of email fraud, Trump losing nominations or similar, or Comrade Sanders taking over the Dem's leadership, and force the bears to get out of the trenches and run for dear life, hence punishing all Trump traitors and saboteurs for continuing to resists the New World Disorder and the bright debt laden future of America. We are definitely facing some volatility so hedge your positions by what the markets say, not the pundits. Watch the stop at 17,500........Disclaimer: Investing in the stock market involves risk of loss. The market commentary provided by bibi1581.blogspot.com is for entertainment purpose only, and it is not to be construed as suggestion or investment advice to buy or sell securities. Always consult a registered investment professional or broker before committing money to any stock or option instrument. Bibi1581.blogspot.com is not responsible for any direct or consequential losses incurred in violation of this disclaimer. Read all SEC rules and regulations before making investment decisions.