Friday, January 18, 2013

Proportions for a possible important top

Dear Reader,

After a long communication breakdown, I resume posting today because I would like to share with you one potentially important finding of a review of markets after today's close.

My analysis suggests that today an important top might have been put in place across the 4 major US indices (Nasdaq100, S&P500, Dow Jones Industrial Average and Russell 2000).

This post could be lost among the millions attempts to predict a major turning point, but I felt it was worth sharing it this time.

Below I insert snapshots of what the markets look like to my eye tonight.

NDX Monthly

NDX Daily

SPX Monthly

SPX Daily

DJI Monthly

DJI Daily

R2K Monthly

R2K Daily

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