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Wednesday, February 15, 2012

SIG : $48 major resistance

GE : more to fall if $18.50 gives way.

A break of $18.50.... Will clear the way for $17.50 to $17.00
Double head &shoulder
A mini and a larger one.

GE hourly update : Head & Shoulder

ASX:WHC : $4.50

Resistance at $5.75 if broken in the upside will argue for a bullish case.
However if break below $5.50, bear argument for $4.50

Tuesday, February 14, 2012

TraderPlanet : Chart showing Bullish Perspective

http://www.traderplanet.com/newsletter_articles/view/6889/distribution:7

CNBC.com Article: Expect Huge ECB Liquidity Injection: Strategist

CNBC.com Article: Expect Huge ECB Liquidity Injection: Strategist

Stock markets can expect to receive a boost from a second huge European Central Bank liquidity injection, according to Lakefield Partner's Bruno Verstraete.

Full Story:
http://www.cnbc.com/id/46366751

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GE Hourly Chart Update

Thursday, February 9, 2012

KLSE - finishing 2nd leg of correction - looking for wave C down

GE : hourly chart , head & shoulder.

ASX : CAB

ASX:WHC -Pending breakout.....

FXY - ranged at $126 & $130

EWA : Australian(ASX) Index

Index at resistance.
Price/Stochs/vol bearish divergence

Short term bias to the downside.

IBM : double top at $195 ?? Reversal ?

Watching the Dow's bell weather for clues : IBM
Looking for double top confirmation and subsequent reversal.

A break of $195 will be bullish.

Singapore Index - hitting resistance - termination of Wave C ?

Dow Jones (DIA) - touched previous high on

Is this the turning point ?
Price has increase since last Aug/Sept but on Declining volume.

Bearish price/vol divergent !

Is this he turning point ? Reversal ?

ASX:Sun - Suncorp - $10 or $6

Watching for a break !
Bias to the upside......maybe not....
Price locked in at $8 and $8.75 range

GE : completion of Wave C of 4 ? Looking for start of 5th wave down.