Market Report 4/13/16, sell trailing stop 17516, CG(4670), 11/20/15.
DJI Futures -21, market was up again in triple digits gain on Yellen dispersed favorable news about Morgan Stanley's commodity reserve loss reserve, 8 out of 9 stochastics up, resistance above at 18,000 and the 18351 all time high, plenty of support below at 17516,17,116, 16870. Yellen's panzers are crushing the Tea Party infidels and Sanders punks, a clear indication that the Establishment have a study supporting a claim that the two trouble makers Trump and Sanders are "caput" and the green pastures of the Unified Party USA 40 trillion dollars debt future is directly ahead of us, under the able leadership of Comrade Hillary Clinton or in the worst case, the RomRyn clone and incredibly retarded and obnoxious John "Pothole" Kasich. We are clearly entering a period of US history reminiscent to that back in Rome when the mad Emperor Caligula took over the legions and the Romans have descended into what we now call mutated beings, unable or unwilling to defend their values or culture, a prelude to a collapse of an Empire and centuries of darkness.
On the DJI monthly chart the market is in 8th month of monthly down trend, and only the money printing of Yellen is keeping it from downward collapse. Since the Establishment cannot or is unwilling to allow a market correction, the only way to go is up, a breach of the top formation of the upper corner of the declining tops triangle resistance bounded above by the 17603 and below by 17,516,16,975, 15,946,15,370,and 12081 mean support bands. Watch for DJI breaking support and gold breaking over 1282 after correcting to lower 1100.
If the Americans will stand up, fight this outrage and reclaim their country and Constitution is very problematic. Please read the April 3, 2016 blog "Do you smell rats?"
and Sorbane's chilling triller "Ziban Must Die" for further insights. Gold /GC is down to 1234 , 5 out of 9 short term stochastics down, losing again relative strength, a break below 1220 will lead to test of 1138-1175 area, resistance 1352, support 1173, long term support at 1045. USD/CHF is to 0.9670, a reversal to daily uptrend..., a break below 0.9432 will lead to a drop at 0.7, a crash, USD/CHF in long term decline, a bear market rally last four months now topping out, 5 out of 9 stochastics up, including monthly. Watch the stop at 17,516, buy position established at 17300...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.
On the DJI monthly chart the market is in 8th month of monthly down trend, and only the money printing of Yellen is keeping it from downward collapse. Since the Establishment cannot or is unwilling to allow a market correction, the only way to go is up, a breach of the top formation of the upper corner of the declining tops triangle resistance bounded above by the 17603 and below by 17,516,16,975, 15,946,15,370,and 12081 mean support bands. Watch for DJI breaking support and gold breaking over 1282 after correcting to lower 1100.
If the Americans will stand up, fight this outrage and reclaim their country and Constitution is very problematic. Please read the April 3, 2016 blog "Do you smell rats?"
and Sorbane's chilling triller "Ziban Must Die" for further insights. Gold /GC is down to 1234 , 5 out of 9 short term stochastics down, losing again relative strength, a break below 1220 will lead to test of 1138-1175 area, resistance 1352, support 1173, long term support at 1045. USD/CHF is to 0.9670, a reversal to daily uptrend..., a break below 0.9432 will lead to a drop at 0.7, a crash, USD/CHF in long term decline, a bear market rally last four months now topping out, 5 out of 9 stochastics up, including monthly. Watch the stop at 17,516, buy position established at 17300...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.
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