Saturday, September 15, 2012

Red Alerts all over the place!

The Trend picture at Apple calls for caution....
 The Dollar seems exhausted to the downside.
 Gold in Euros looks prone to flip down.
 Goole feels like Apple.
 The Small caps are the same.
 Silve had a fantastic run, but....
The aggregated Flow-Momentum of the lev. ETFs shows weakness.
 TLT (20 yr TSY) is falling apart.

 Like Silver so is OIL.

We had a fantasctic 'post Olympic rally', which towards the end was driven by Hope and Centralbanks and plenty of Short-Covering.
This has the feel of a major Headfake into the weak season of the year. 

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