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Closing Basis commented on an item:

*Edit: "I have concerns that this signal is <u>not</u> accurate.

Mike1981 commented on an item:

jonnie not sure about your info on the data. I am using a monthly chart for this on stock charts an there is no way I can fabricate data. It may be a bad tick that was never corrected on whatever chart program you are using. I wish I had an answer for ya. Hopefully someone else can help.

Tomb commented on an item:

Dink. Being "Myth-buster" would be really cool. But as negative as dI am on some other indexes Mike may have the advantage here. Good luck. Thanks for the chart Mike. TB

jonnievega commented on an item:

Forgive my lack of understanding, but on April 6 2011 EEM hit a high of 50.30, yet this chart shows nothing higher than the proposed $45 'triple top' level. I am short and wrong on EM, and would love nothing more than for this to sell off as part of the taper tantrum, but please explain why this chart is truncate...

Vio commented on an item:

is it starting to look like head and shoulders ?

Closing Basis commented on an item:

The signal change held into the close today indicating a BTD condition. Fake outs in the BTD signal usually only last for about 2-3 days at most. I have concerns that this signal is accurate, but it's not my job to second guess it. That said, my impulse sytem triggered a sell condition at the EOD so I am short...

knegt added a new profile image.

Mike1981 commented on an item:

If this does not play out then Dink will be the myth buster. lol

Mike1981 commented on an item:

I will side with the research on triple tops although I do not have a current position here it will be interesting to see if a top here will coincide with a top in our general index's as well.

Tomb commented on an item:

Thanks Mike. I think gold may still be correcting so would not be surprised to see the break to the down side.

knegt added a new profile image.

facesincabs commented on an item:

triple tops do exist .. and some who hold to usefulness in trading include Alan Farley (a well-written technician) and William O'Neill (a fundamental investor who has published several well-accepted books on the topic) ..

Dink commented on an item:

Triple tops don't exist. They are myths. That only means one thing...up, up, and up!

Mike1981 added an item to the stacks Trendlines and EEM.

EEM: Emerging markets. One heck of a resistance level here. What's next?

Mike1981 added an item to the stacks Precious Metals, Stocks, Triangles, Wedges and AUY.

AUY: Symmetrical Triangle has now formed. If support holds this will be a good set up for the long side. If support breaks here then a short position could be placed.

OsoEnojado commented on an item:

<a href="http://www.safehaven.com/article/34619/clear-and-present-danger-zone" title="http://www.safehaven.com/article/34619/clear-and-present-danger-zone" target="_blank" rel="nofollow">http://www.safehaven.com/article/34619/clear-and-present-danger- zone</a> &nbsp;<br />&nbsp;<br />"There is no guarantee that the stock market will either crash or continue to rally, but the above chart is worrisome, in spite of the massive levitation by the central banks of the world. This is a clear and present danger zone."

Dink commented on an item:

I don't think you have enough indicators there.

OsoEnojado commented on an item:

chart yells sell to me. overthrow of an overthrow's overthrow with more ramp up. TINA insanity there is no alternative. but who knows, right?

OsoEnojado commented on an item:

<a href="http://stockcharts.com/public/1129702/chartbook/165701390" title="http://stockcharts.com/public/1129702/chartbook/165701390" target="_blank" rel="nofollow">http://stockcharts.com/public/1129702/chartbook/165701390</a>

Price.Pays added a new profile image.

Mike1981 added an item to the stacks Head & Shoulders, Stocks and DW.

DW: Head Shoulder Top.

Closing Basis added a new profile image.