tag:blogger.com,1999:blog-4878316162397365683.post5209182284660849252..comments2023-11-06T06:01:49.605-05:00Comments on Principle Analysis: an Elliott Wave Blog for Forex Signals, Futures Signals and Stock Signals: Medium Term Outlook for Stocks, Euro, Clearer than Long TermUnknownnoreply@blogger.comBlogger3125tag:blogger.com,1999:blog-4878316162397365683.post-8352598518965280492011-07-07T10:08:55.293-04:002011-07-07T10:08:55.293-04:00Yeah, I agree. A breakout to the downside, meanin...Yeah, I agree. A breakout to the downside, meaning a sharp and large decline, from current levels would leave a nice big head and shoulders top in place. The marke is right at the resistance line right now so it's behavior from here is key.PrincipleAnalysis_Blogspot_Comhttp://principleanalysis.blogspot.com/noreply@blogger.comtag:blogger.com,1999:blog-4878316162397365683.post-74892543379855365902011-07-07T03:07:01.345-04:002011-07-07T03:07:01.345-04:00This NYMO chart is on my indicator page, every day...This NYMO chart is on my indicator page, every day updated. Here is <br />the link. I would like to add more key items, to make it easy to <br />review, i.e. don't miss the key elements.<br /><br /><br /><br />http://oahutrading.blogspot.com/p/new-page-for-testing.html<br /><br /><br /><br />NYMO - The McClellan, or I like to call McC because I am always afraid of spelling McC wrong<br /><br />When<br /> it has a small move, say 2 is real small, 5 is pretty small, 8 is still<br /> small, then it predicts a big market move in 1 or 2 days, sometimes <br />three.<br /><br /><br /><br />It just had a small move. Of 6 points. <br /><br /><br /><br />Also in chart below, mucho neuvo highs! And very few new lows. I guess that's bullish.<br /><br />chart here:<br /><br />http://oahutrading.blogspot.com/stockdudenoreply@blogger.comtag:blogger.com,1999:blog-4878316162397365683.post-84548638051755821382011-07-06T20:22:27.511-04:002011-07-06T20:22:27.511-04:00 You are correct in your analysis so far. The mark... You are correct in your analysis so far. The market seems fallowing your directions. If the S&P does not break out from this level and move south, a head and shoulder formation may be forming. What are you thoughts?MPRnoreply@blogger.com