Saturday, November 6, 2010

6th Oct 2010 – My Analysis

BULL or BEAR ??

 

Short term (1 week)

Long term (6 months)

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-- The BEAR is DEAD!

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Next Week Economic Data:

 

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Input:

  1. No much even this coming week. Looks like there is nothing that will stop the bull at all.

 

VXX chart:

 

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Input:

  1. Market is just too bullish.

 

SPY chart:

 

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Input:

  1. Basically all lines have been broken. Nothing seems to block the index anymore.

 

DJIA chart:

 

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Input:

  1. Unstoppable!

 

NASDAQ chart:

 

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Input:

  1. Same

 

Sector Analysis:

 

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Input:

  1. The higher will go higher.

 

GLD, SLV and UUP charts:

 

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Input:

  1. Gold and Oil are unstoppable.

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