Sunday, September 13, 2009

Just so you know where we are..

...and where we could be. I am not going to post all these charts but I will just tick them off. Remember, everything is insanely correlated right now and there is really only one trade. You are either on, off, or worse... short.

TD Signals:
Gold :Weekly and Daily TD Sequential Sell countdowns complete

Silver: Weekly TD Sequential Sell signal complete

Dollar Index: TD Buy Set Up perfected on Weekly chart; TD Buy Sequential countdown complete on daily chart, TD Combo on 12 bar.

Aussie Dollar: TD Combo Short on Weekly, Bar 8 of TD Sequential Sell countdown; TD Combo and Sequential Sell Signals complete on daily chart

Copper: TD Combo Short countdown complete on weekly AND daily charts

Swiss Franc: Weekly chart shows a perfected TD Sell Set up completed. Bar 9 was last week.

The vast majority of these charts are diverging from price with their Chaiken Osc... not to mention all the other cautionary signs I have posted recently. This whole trade may just keep going on and on and on... but a lot sure has a lot lined up against it right now.

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