SPX right at critical down channel resistance.
There is a triple cluster geometric CIT at 6/18-21 and a Solar CIT on 6/22.
There is also a Sun Jupiter square early am 6/23 that should be watched closely.
6/21-22 should be an important turn.
For today, 6/18 there is a double hourly CIT ... Read More
chanakya
18
Jun2010
It is not exactly groundbreaking analysis to say that whats good for Gold is generally good for Silver. As observers of the precious metals know, Silver tends to lag Gold but eventually catch up quickly. In the long-term sense, Silver is still a year or two behind Gold as Gold ... Read More
June 18, 2010chanakya
13
Jun2010
Last week
- We expected BULLISH conclusion to the week and got that
- See here http://www.timeandcycles.com/articles/?p=676
This week
- BEAR% holding steady for all good purposes
- But the "uncertain" players moved to BULL% camp, now showing a higher highs trends on BULL% curve and a new high equaling early April 2010 levels
- Expect ... Read More
June 13, 2010chanakya
12
Jun2010
One of the most debated topics today concerns the level of debt as it concerns consumers, corporations and governments. Government debt has commanded a particularly large share of the limelight in recent weeks. Among those who are concerned that debt levels have reached "crisis" proportions, there's ... Read More
June 12, 2010chanakya
11
Jun2010
Escalating sovereign debt problems in Europe has prompted some to wonder if another “Lehman” type collapse is on the horizon. As a result, some precious metals observers have grown cautious, fearing a replay of the events of two years ago. While it is always prudent to be cautious with an ... Read More
June 11, 2010chanakya
06
Jun2010
Gold
Gold remains on track (as far as our template). Here is the potential bullish outcome. The longer Gold holds above $1160 and that trendline, the more likely the bullish outcome.
Sentiment remains supportive. See the GLD put-call below. Also, public opinion from sentimentrader.com is 69% bulls. Interim tops have occurred at ... Read More
June 6, 2010chanakya
06
Jun2010
- BEAR and BULL % relatively constant
- BEAR% staying high, yet NEUTRAL% (uncertainty) rising amidst declining markets
- Bullish result to week?
June 6, 2010chanakya
05
Jun2010
I'd like to return to a theme we were discussing last week concerning our expectations for this year's upcoming 4-year cycle bottom. We touched on this in a recent commentary and we'll discuss it some more here. The theme I'd like to emphasize is that in years when the 4-year ... Read More
June 5, 2010chanakya
31
May2010
- BULL% rise after hitting a 8 month low in May 2010 - so given track record June 2010 should have a positive close
- High NEUTRAL% is reflective of major tops (as in Dec 2010 and May 2010), uncertainty increases at top. This month NEUTRAL% declines sharply. Though not a ... Read More
May 31, 2010chanakya
28
May2010
Traditional Technical Analysis books delve into "opinion of the crowds", and suggests a contrarian trading philosophy to the crowd sentiments.
But what about the "opinion of experts"?
See for yourself, how well the T&C Consensus jives with not betting against an "opinion of experts"
- On the surface the mathematical correlation between the two data series ... Read More
May 28, 2010chanakya