Thursday, January 3, 2013

Morning Charts 01/03/12 SPX /ES

Again. I'm on vacation,so the posts are a bit light.

Right now it looks like an overthrow with double negative divergences. We've seen team manipulation deal with worse though. The daily, weekly and monthly setups are disastrous. Sorry the charts are not updated. I'll have to get to that next week.

Daily SPX -

Weekly SPX - I gave you this scenario a few weeks ago. Note the negative divergences.

Monthly SPX - The set up here is actually more telling than the last two major tops.

GL and GB!

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