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May 20 12

S&P 500 – in perspective

by fibok

50-day (red) not yet crossed 200-day(green)

A monthly close above ~1312- mildly bullish, (200-day ~1292), monthly oscillators still positive

May 19 12

FTSE and Gold

by fibok

Bollinger bands being tested - bounce expected

Lower Bollinger band broken supported by oversold IFT of RSI

50-day still above 200-day m.a.

The FTSE weekly chart testing the lower acceleration band but not supported by an oversold MACD

Oversold, bounce expected

Weekly gold hitting the lower aceleration band and bouncing support by oversold W%R

May 19 12

Weekend 19/20th May

by fibok

The measured move of H & S suggests support at 5230

The neckline (the middle line of 3)  minus the top line then subtracted from the middle line gives the lower taget line and completion of the measured move, that coupled with the downward sloping wedge suggests a rally late next week?

May 13 12

Weekend Watch

by fibok
May 12 12

FTSE update and Gold

by fibok
May 10 12

FTSE update daily

by fibok

An inside day - uncertainty and oversold upside target 5700

A close above the 200-day m.a. (5560) red line for short term confirmation.  The 20-day m.a. green line provides a target of 5700.  The Stochastic supports the oversold condition

May 9 12

FTSE update

by fibok

An upday awaited after hitting lower band

May 8 12

FTSE update – 200-day m.a. tested

by fibok

Testing times

Bottom of the band ~5519

May 7 12

FTSE update

by fibok

Awaiting support

200-day m.a. ~5566

lower band ~5523

May 4 12

COTW 4/5/12

by fibok