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$SPX currently moving within confines of a rising wedge, which is a bearish formation. But everything needs to be confirmed, so if $SPX rises up out of the pattern and keeps moving toward the upper channel line, then that would negate this pattern. This needs to be watched over the next several days to make sure $SPX does in fact break out of the top and negate the formation. The $NYSI, Summation Index has been losing momentum since the middle of last week. It rose to 1050 last Friday, the 7th, and today it dropped by a couple of points. It's not uncommon for the Summation Index to turn when it pushes above 1000 and if it is in fact turning then market breadth is weakening and when that happens the market will often pull back. Further, when the market starts to lose underlying strength, you don't need a catalyst to turn the market as the market will often fall of its own weight. The Cumulative Volume Index fell by 800pts today when the $NYA dropped by only 25pts. On Friday, the 7th, the Cumulative Volume Index fell by 493pts when the $NYA fell only 13pts. Like the Summation Index, the Cumulative Volume Index is hinting at underlying weakness. This rising wedge pattern and these two signs of weakness need to be monitored over the next few sessions. They can easily right themselves, but if they don't by the end of the week, then this has to be seen as a red flag warning. IMHO, of course, and subject to change without notice. GL

Friends, Last week, we posted a bearish outlook and abysmal targets, both of which received added confirmation mot only by fundamental news emanating from a deteriorating Asian market this week, but empirically from the dynamic price decline that occurred since market's open this Sunday - Here is the most recent analysis in reference: https://www.tradingview.com/v/pMU3TCeA/ . At this time, price has broken through the pattern's 2-4 Line, which represents a significant support. In fact, expect price to express a relief rally from current level, up to but limited by the underbelly of that same 2-4 Line, which will convert its support to an anticipated resistance element. If and once this scenario plays out, both prior predictive analyses and forecasts should not be affected by such a limited rally. If any significant technical event occurred to the contrary, I would mention it based on the new data at hand. Cheers, David Alcindor Predictive Analysis & Market Forecasting - TradingView.com Moderator, Alias: 4xForecaster PS: If you liked the analysis, feel free to give it a "Thumb Up" and pass of a friendly referral to friends interested in occult market mathematics and hidden geometries. All targets generated are defined by non-price means, and confirmed by either proprietary patterns (Euclid, Janus, Great White, Deep Shark), or other well known patterns. However, we concentrate mainly on Shark, 5-0 and occasional Bats, to complement our predictive analysis and forecasting - Cheers, David Alcindor. ----------------------------------------------------- Get signals, analyses and forecasts on Twitter Alias: @4xForecaster ----------------------------------------------------- Disclaimer: Forecasts, analyses and directional opinions generated herein are for educational purposes only and are not trading recommendations. We trust that you will do your own due diligence first, then seek professional advice from a licensed professional, then enter the market at your own perils - David Alcindor - TradingView.com Alias: 4xForecaster

Friends, With recent fundamental news revealing a failing Abenomics regimen, combined with increasing oil prices and weakening levels of consumption weighing on its export-dependent economy, one might expect that the BoJ might once again think about pulling on that easing level once more. Or at least sooner than later. PREDICTIVE ANALYSIS = BULLISH, PENDING CONFIRMATION: Independent of these fundamental developments, predictive analysis signals an early bullish market reversal (pending confirmation), while an interim unwinding is expected from current levels ($103.250). FORECASTING EYES 105.378 If and once a bullish market reversal confirmation occurs, our forecasting methodology falls in line with both a proprietary Great Shark Pattern as well as a historical structure that straddle the years 2013 and 2014. That target is defined as "TG-Hi = 105.378 - 10 MAR 2014". PRICE ACTION: Interim price action is defined by the blue arrows for the purpose of defining likely supports and resistance levels. Hence, a geometry-based support is anticipated near 102.002, which is anticipated to keep our directional bias and predictive analysis in the Neutral-to-bullish range. OVERALL: Fundamental and technical events are coming to close alignment in their (anticipated) pronouncement of a bullish reversal in the $JPY, although interim retracement might occur and a bullish market reversal remains pending at this time. Hence, we will maintain a "Neutral" sticker for now until a new signal to the contrary (either bearish or bullish) indicates otherwise - See a similar "far-fetch", yet successful forecast made in $Copper here: https://www.tradingview.com/v/cDTyKyBw/ . Cheers, David Alcindor Predictive Analysis & Market Forecasting - TradingView.com Moderator, Alias: 4xForecaster PS: If you liked the analysis, feel free to give it a "Thumb Up" and pass of a friendly referral to friends interested in occult market mathematics and hidden geometries. All targets generated are defined by non-price means, and confirmed by either proprietary patterns (Euclid, Janus, Great White, Deep Shark), or other well known patterns. However, we concentrate mainly on Shark, 5-0 and occasional Bats, to complement our predictive analysis and forecasting - Cheers, David Alcindor. ----------------------------------------------------- Get signals, analyses and forecasts on Twitter Alias: @4xForecaster ----------------------------------------------------- Disclaimer: Forecasts, analyses and directional opinions generated herein are for educational purposes only and are not trading recommendations. We trust that you will do your own due diligence first, then seek professional advice from a licensed professional, then enter the market at your own perils - David Alcindor - TradingView.com Alias: 4xForecaster

Encana Corporation, together with its subsidiaries, is engaged in exploration for, development, production, and marketing of natural gas, oil, and natural gas liquids in Canada and the United States. This is not the first time a trader has taken a bullish trade in ECA and it seems that this trader has been dead-on and they are stopping anytime soon. Today a trader bought 15,000 ECA Oct 23 Calls for $.85. This gives the trader the write but not obligation to buy 1.5 Million Shares of ECA at $23 between now and October. Lets break-down their trade a little easier. Their Risk: $85 per 1 lot Their Reward: Unlimited Their Breakeven: $23.85 Cash Outlay: $1.275 Million

Head and shoulders top, and a possible C wave correction. Target $35-$41 zone.

Friends, As this small cap nears a significant resistance level at TG-1 = 1246.09, I added multi-year momental lines projections into parallels to highlight significant dynamic and static support resistance areas. The momental lines acting as dynamic support/resistance across the field can also help correlated with the static target levels defined by the horizontal lines. At this point, price is approaching both its upper momental channel and TG-1, thus pointing to a probable resistance level, if not by our system-defined TG-1, then by the prior 5 point validation at that channel border between late 2008, early 2010, and three more times in early 2011. We'll keep watching. Cheers, David Alcindor Predictive Analysis & Market Forecasting - TradingView.com Moderator, Alias: 4xForecaster PS: If you liked the analysis, feel free to give it a "Thumb Up" and pass of a friendly referral to friends interested in occult market mathematics and hidden geometries. All targets generated are defined by non-price means, and confirmed by either proprietary patterns (Euclid, Janus, Great White, Deep Shark), or other well known patterns. However, we concentrate mainly on Shark, 5-0 and occasional Bats, to complement our predictive analysis and forecasting - Cheers, David Alcindor. ----------------------------------------------------- Get signals, analyses and forecasts on Twitter Alias: @4xForecaster ----------------------------------------------------- Disclaimer: Forecasts, analyses and directional opinions generated herein are for educational purposes only and are not trading recommendations. We trust that you will do your own due diligence first, then seek professional advice from a licensed professional, then enter the market at your own perils - David Alcindor - TradingView.com Alias: 4xForecaster

YPF SOCIEDAD ANONIMA, an energy company, engages in the exploration, development, and production of crude oil, natural gas, and liquefied petroleum gas (LPG) in Argentina. I have traded this stock before in the past, but I currently do not have a long position. Today we saw a trader buy 2,000 on the Jan 2015 30-40 Bull Call Spread for $2.85 per 1 lot or a cash outlay of over $500,000. A trader sees that YPF is breaking the Ichimoku Cloud on the daily chart and thinks it can move higher. This trader would not buy Call Spreads, but Calls outright if they thought the stock was going to move Parabolic higher. This is a bullish stance and a trader will make almost 300% returns if YPF closes above $40 on Jan 2015 expiration.

Restoration Hardware Holdings, Inc., together with its subsidiaries, engages in the retail of home furnishings. It provides bedroom, dining, upholstery, home office, and media furniture products and has over 2,100 full-time employees in the Services sector. Today, we saw a trader sell their March 55 Calls that they were long and buy the April 65 Calls. This is a bullish trade and I think the stock will move higher with this Unusual Options Activity. This was 4.2 times usual volume traded in a day. If I did not want to put on a bullish trade via options I could buy the stock with a $6 stop, under the Ichimoku Cloud. Possible Trading Ideas: Buy Stock: $65.38 Stop: $59.38 Target #1: $68.38 Target #2: $71.38 Stop at Breakeven when Target #2 is hit: Target #3: $74.38 Target #4: $77.38

OTE ftw! Last night's post regarding an OTE short sweet spot tag on Stamp and a nice short setup was Money!. We fell right back into the OTE long zone for some sweet short term profits....wooot If my charts help you, or you use my indicators... please consider a BTC donation to allow me to continue my work : 1EBttA56cWsgtsZn83VGiNT8si7inZV5Z5 & follow me on Twitter @CRInvestor

Potential for more down move to level around 91.735 (Fibo Confluence level) prior continuation of up move again..

Friends, Some of you may now know that I have progressively migrated from my formerly Facebook home to my new nest at TradingView. Another change that should be quite obvious, is that I will now reveal some of my on-going and future trading activity. However, I have stopped my lessons as I decided to concentrate on my own trading, so some of you will understand the occult jargon I let out, and some may not. In this particular LONG position, which I opened on February 17th, 2014 @ 0.81624 (Great White prop pattern), I spotted a counter-trend opportunity based on price action (as opposed to my proprietary predictive analysis and forecasting strategy, which I used here to further ascertain the two main targets). Resulting from that initial analysis are the following two targets: 1 - TG-1 - 0.83653 - 17 FEB 2014 and 2 - TG-2 = 0.84503 - 17 FEB 2014. Just added today is a projected 0.382-Fib minimal relief retracement from current sustained impulse leg, corresponding to structural supports immediately to the left @ 0.82855. More on the trade as it develops. Cheers, David Alcindor Predictive Analysis & Market Forecasting - TradingView.com Moderator, Alias: 4xForecaster PS: If you liked the analysis, feel free to give it a "Thumb Up" and pass of a friendly referral to friends interested in occult market mathematics and hidden geometries. All targets generated are defined by non-price means, and confirmed by either proprietary patterns (Euclid, Janus, Great White, Deep Shark), or other well known patterns. However, we concentrate mainly on Shark, 5-0 and occasional Bats, to complement our predictive analysis and forecasting - Cheers, David Alcindor. ----------------------------------------------------- Get signals, analyses and forecasts on Twitter Alias: @4xForecaster ----------------------------------------------------- Disclaimer: Forecasts, analyses and directional opinions generated herein are for educational purposes only and are not trading recommendations. We trust that you will do your own due diligence first, then seek professional advice from a licensed professional, then enter the market at your own perils - David Alcindor - TradingView.com Alias: 4xForecaster

EMC recently broke the downtrend line after forming an IHS. Looking at the bigger picture, I believe these moves are significant considering where they are occurring. I have a near term target of 32-33 and a long term target of 44-45 with a stop at 23.50

Target recently completely redid their company security structure and the market responded buy heavy buying confirmed with heavy volume and a huge reversal bar on the weekly.. I look for continued buying as the bears over did it.. Target is extremely well run however like any major company is subject to a gaff in operations. I remember the new Coke in the 1980's and how Coke fought its way back for huge gains after that debacle. Any dips should be bought and I look for TGT to retest its highs long term Target has a unique nich in how they market products particularly to younger shoppers in their sector

Update: More than 90 percent of target hit, following my rules I Moved stop to break-even Update: First half closed at first target. Stop remains at break-even Long with a tight stop http://thefxchannel.com http://twitter.com/thefxchannel

Looks like we have completed a leading diagonal and should see a correction before a new bull wave. Bullish above 1.6580

WARNING: Cross Pairs should be traded with extreme caution due to their 'heavy nature'. If you don't use wide stops, you'll surely be stopped out before you know it. Disclaimer: I rarely trade cross pairs, I only trade them when it's literally textbook perfect and everything lines up. I'm just putting this analysis here to give some insight on cross pairs, so that you can use the same technique on your own with future trades. All you have to do is combine the other analysis I have into their respective cross pair. Having said that, this is a one time thing, you won't see me post another cross pair analysis in the future. Given my pending longs on USD/JPY and AUD/USD, this presents a possible pending long on AUD/JPY as well. AUD/USD x USD/JPY = AUD/JPY. AUD/USD's nearest fib level is 0.9008 USD/JPY's nearest fib level is 102.765 AUD/JPY's nearest fib level is 92.77 However, if you calculate it, 0.9008 x 102.765 = 92.5X To be safe, let's move onto the next bounce point (e.g., the next fib level). AUD/USD's next fib level is 0.8980 USD/JPY's next fib level is 102.46 (this level may actually never be reached since it would void the trade by breaking the trend line) The new calculated level is 0.8980 x 102.46 = 92.0X So this gives a potential loading region of 92.5X to 92.0X, which unfortunately doesn't coincide with any fib levels on AUD/JPY. However, these levels do present possible 'levels of interest', not necessarily S/R levels but they are of interest based on how PA reacted to them in the past. Alternatively, you could approach this from another angle. Based on how price is currently reacting to AUD/JPY (pinbar), it could very well just reverse right now and thus, take AUD/USD and USD/JPY with it, without letting them hit their bounce points. Personally, I see cross pairs as 'derivatives', so I prefer to study the underlying assets (in this case, AUD/USD and USD/JPY) to determine my entry. Having said that, consider exiting this trade if EITHER AUD/USD or USD/JPY trades become void. A potential target without calculating anything would be AUD/JPY's high at 94.4X. However, if USD/JPY can hit 103.747 and AUD/USD can hit 0.91292, then the calculated target is 94.7X. Lastly, I don't really touch on it but the whole analysis requires both AUD/USD and USD/JPY to react in sync. If they don't hit the same levels at the same time, then AUD/JPY will be completely off. What if USD/JPY moves up before AUD/USD? What if USD/JPY moves up while AUD/USD moves down? The combination of moves are endless, which is why you have to trade with extreme caution. However, when things line up, cross pairs are a thing of beauty. PS: Considering I have pending longs across the board, you could do the same analysis on your own for those X/JPY pairs as well such as CHF/JPY, GBP/JPY & NZD/JPY. (CHF/JPY is calculated differently = USD/JPY divided by USD/CHF)

Each fib level on the CD leg is in confluence with Mothly Pivot Resistance levels which increase the overall resistance. A move below Monthly PP at 101,78 and the Horizontal support/ resistance at 101,48 will shift ST bias to the downside. A daily close above 104 will likely advance upward move.Note that Yearly R1 is in pip to pip confluence with 127extension of CD leg at 111,50.