brianhimmelstrupnielsen

brianhimmelstrupnielsen

check out the MACD signal of 2007-2008 and now again in 2015 6 years of bullmarket coming to an end? Also from last bottom to top, fib levels reached.

brianhimmelstrupnielsen

A newer look at the monthly chart for SPX, with circles indicating similarities and some divergence. Notice also the date periods of the two bull markets. (and remember this one had QE1+2+3.....(+4?) Notice the stochastics RSI is currently low. Notice the MACD signal for last months also. I still see a minimum correction back to the MA200 line. In conjunction the...

brianhimmelstrupnielsen

Levels to watch...11290-11031-10711-10193 Also the dotted red channel as well as lower uptrend lines. (black & grey)

brianhimmelstrupnielsen

Intended for own private use.

brianhimmelstrupnielsen

As long as SPX does NOT go up through the "big grey zone" this should be THE top of the current bullmarket of SPX since march of 2009 (6 years back). This grey area represents a fibonacci ext level all the way back from 666/667. So if not taken out...welcome to the coming bear market. Disclaimer: a possible QE4 from the FED could negate this idea, inflating the...

brianhimmelstrupnielsen

Possible scenario for SPX in the coming months. Will coincide with a very possible Grexit as the "trigger" for the coming bear market. This bullmarket has allready lasted a bit too long. An "asset bubble" has been created. Inflation is more or less in effect. US and EU piled up bigger debt than in 2008. US will blame EU and Grexit for coming bear market, ignoring...

brianhimmelstrupnielsen

As I see it, the DAX will form a correction, at the minimum, the same length from the top to the neckline in the SHS formation, giving a target for around 10.891 (give and take som points) when leaving the month of may 2015.

brianhimmelstrupnielsen

DAX history lesson: Only 3 times with 2 closing candles OUTSIDE the bollinger band. Firstly in 2001 after tech bubble. Secondly before financial crash 2007....Thirdly in late 2008 during crash. TODAY we're looking at allready 2 candles closing ABOVE he upper bollinger band, and a third forming with only 6 trading days left of the montly candle. Bollinger top...

brianhimmelstrupnielsen

Comments are welcome

brianhimmelstrupnielsen

Forming an SHS formation?

brianhimmelstrupnielsen

Date of publishing: 18. March 2015 The levels we're at now, on RSI and BMADP is almost the same as in 2008. The DAX is currently somewhat 300 points ABOVE the bollinger band top. It all cries for correction in the near term.

brianhimmelstrupnielsen

I'd like to share my toughts on this, and I'll be happy to hear yours. Chart inkluding MA's, BB, RSI, Stochastics RSI and my own MA200_DIFF_PERCENTAGE, which is basicly the "kairi" indicator a bit modifyed. It shows the distance from the current Price to the MA200. Even though you can't see the Whole chart, you can still see the top of 2007/2008 and now Again in...