Stock-Market-Observations

MY CHARTS.

MARKET MESSAGES

11/29/12 – THU

18:20 PST – Semiconductor index with a “possible” wave count.  This index can lead the market.

11-29-12 SOX 10 MIN BARS

12:30 PST – From John Murphy, “It’s also possible that fear of the fiscal cliff is driving some money out of the US and into Europe.”

11:02 PST – A well defined upward channel in the first chart.  In the 2nd chart, we are approaching the upper boundary of the down sloping channel in force since 9/16/12.

I might rely on simply posting charts to this blog to display my message.  I’m unsure at the moment but I will do whatever is easiest and quickest.

The charts I show here are unavailable on StockCharts.

11-29-12 SP FUTURES 20 MIN BARS

11-29-12 SP FUTURES 120 MIN BARS

11-29-12 SP FUTURES 10 MIN BARS

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This entry was posted on November 29, 2012 at 11:06 AM and is filed under UPDATE. You can subscribe via RSS 2.0 feed to this post's comments. You can comment below, or link to this permanent URL from your own site.