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Feds Actions Delaying Stock Market Downtrend

Stock-Markets / Market Manipulation Dec 13, 2007 - 12:06 AM GMT

By: Brian_Bloom

Stock-Markets Technically, the Fed's actions are still not driving the market to the upside. The best that could be claimed is the downside is being delayed.


Oscillators are deteriorating and the OBV fan formation is still behaving according to textbook

Against background of  the “Big Picture” technicals, this failure to respond to ramping represents very weak behaviour.

Gold chart below now showing some signs that panic in financial markets may be approaching. Don't like to use that word “panic”, but don't like the looks of these charts either. That's why I'm monitoring daily.

High pole reversal on DJIA P&F chart (third chart below) occurred within days of high pole manifesting. Another sign that market is sitting on a knife edge of hysteria.

By Brian Bloom

www.beyondneanderthal.com

Author's comment : If you would like to see how the whole jigsaw puzzle fits together – such that the pathway forward becomes visible also to you – please register your interest to acquire a copy of my novel at www.beyondneanderthal.com . It is being targeted for publication towards the end of March 2008.

Copyright © 2007 Brian Bloom - All Rights Reserved

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