Monthly Archives: August 2012

Originally posted on marketshadows:
The Age of Irrational Exuberance I’ve been expecting at least a short term swing high on SPX in the area between the April 2012 high and the 1440 area SPX pivot resistance, and we may have…

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The Age of Irrational Exuberance

The Age of Irrational Exuberance I’ve been expecting at least a short term swing high on SPX in the area between the April 2012 high and the 1440 area SPX pivot resistance, and we may have seen that last week. … Continue reading

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Critical Tests Coming

Critical Tests Coming By Springheel Jack Very critical levels are now being approached on a number of markets across the world. Let’s look at some charts and the likely consequences if particular levels are broken. On the SPX chart below, … Continue reading

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Fork in the Road

Fork in the Road Springheel Jack’s Weekend TA Update We’re reaching critical levels on a number of charts. A potential double-top is forming on SPX chart, just below the critical 1440 area pivot. Similar resistance levels are being approached on … Continue reading

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Big Reversal Patterns

Over the last few months I’ve been posting a lot of very large reversal patterns on all kinds of indices and instruments including EEM (the emerging markets ETF), a swathe of individual overseas markets, copper, oil, forex etc. I’ve also … Continue reading

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