DJIA - *still* in the channel!

Zero participation on the way down and lots of tell-tale divergences at the low - is it just me or are "they" getting sloppy these days?

EURUSD

Tempted? I know I am..

SPX:TRIN - a new ratio..

STILL not much happening out there, so I have had time to play around in StockCharts - and happened upon this ratio... while I realise there is rather scant chance I am the very first to come across this, a Fibonacci simple moving average makes very interesting viewing indeed:

SPX:TRIN on StockCharts

DJIA channel (update)

Not much happening - still standing firm. I get the feeling there is an immense battle of opposing forces occurring right now - helicopter Ben with his finger in the dyke as the cracks start to multiply kinda thing.. hmm.

Meanwhile, erstwhile favourite indicator AUDJPY is starting to fold:

And might it be worth a post-earnings punt short on GS right now?

GS on StockCharts

Cake... or Death?

VIX divergence

Higher close on the SPX, but Mr VIX is not playing ball with a matching new low - classic topping behaviour, unless the market makers can erase this divergence sharpish. A very nice Elliott wave too on the 10 min last 4 days.

EURJPY - Broken Neck

I was watching this head & shoulders pattern on the EURJPY last night, waiting to see if it would break - and then I went to bed as I was falling asleep!

Guess I'll have to wait to see if it retests...