From the Technical Indicator Index (.com):

We wait for the markets to fall. We got new sell signals in the Daily Full Stochastics for the S&P 500 and Industrials Tuesday, occurring from overbought levels, and the Weekly Full Stochastics are overbought. The Daily Relative Strength Indicator is overbought in the S&P 500 and Industrials. Thursday is the autumn equinox, and over the past 13 years, major declines have been occurring over the autumn equinox ten times. Seven were crashes. Once we get new sell signals across the board in our key trend-finder indicators, we will have confirmation that wave 3-down has started, a decline that will likely be dramatic.

On Tuesday, the U.S. Dollar fell to the downside target from a small Head & Shoulders top that formed from August 1st, 2010. The Dollar's decline is a result of the "quantitative easing" the Fed has been stepping up recently. Quantitative Easing is a fancy term for printing fiat money and exchanging it for long term good and garbage securities held by Wall Street firms, as part of the president's Working Group's activities. The money has debased the value of the Dollar, and found its way into commodities, stock and bond markets. At some point here, stocks will no longer remain in an uptrend, as the Dollar's debasement takes its toll. This policy will destroy purchasing power of households as households are not getting access to this additional trillions of dollars being printed by the Fed. Instead the money is going into markets and will be destroyed out of thin air as stock markets tank, resulting in the worst case scenario, too many dollars accompanied by a declining stock market. According to the Fed's own balance sheet, it has pumped $1.5 trillion of printed money into the system in this fashion over the past two years. This policy has accomplished nothing positive. Obama's Chief Economic Advisor, Lawrence Summers, announced his resignation Tuesday. Central Planner policies during his tenure have been an abject disaster.

We are watching for new sell signals across the board in our key trend-finder indicators. That would be confirmation that wave 2-up has topped and 3-down has started.

My bad, knickel...
Really bad form with the "fool" business. Sorry about that.

The larger trend is down. If you disagree, you are a fool.

Waiting for Obama's noon "love fest" on CNBC to put a lid on the market rally

NEW CHART with SPX equal weighted

you can sub sso and sds for edc and edz or use other etfs

http://stockcharts.com/h-sc/ui?s=$SPXEW:$SPX&p=60&yr=0&mn=3&dy=0&id=p17483839473&listNum=3&a=208938206

$RIFIN 60 min shows sell signal imminent
http://stockcharts.com/h-sc/ui?s=$RIFIN&p=60&yr=0&mn=2&dy=0&id=p02506532972&a=208862396&listNum=3

SPX MONTHLY WITH METALS

http://stockcharts.com/h-sc/ui?s=$SILVER&p=M&yr=5&mn=6&dy=0&id=p31844235616&listNum=3&a=208835731

This may be a bit premature for precision.

Monthly SPX ready to dive when
200 month avg (now 1057.67) is broken on the down side.

http://stockcharts.com/h-sc/ui?s=$SPX&p=M&b=3&g=0&id=p57099035486&listNum=1&a=206445444

Yes. I change values on TRIX until I find one combination that works. Often 10,4 works on 60 min for some etfs, etc

60 min vix chart with trading indicators
http://stockcharts.com/h-sc/ui?s=$VIX&p=60&yr=0&mn=1&dy=0&id=p52438711755&listNum=3&a=208725828

Sell signals to watch for for position trades for reverse ETFs:
1. The RSI falling under its 50 line
2. The Green ADX line falling under its 25 line with rising red and rising black lines.
3. Bearish Cross of up and down volume indicators.

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p26404182933&a=208660714&listNum=3

Looks like a final push to 1131ish under way today. The SPX section is a bit cluttered for my own purposes, but topping pattern can be seen.

Good basic SPY daily chart
http://stockcharts.com/h-sc/ui?s=SPY&p=D&yr=0&mn=6&dy=0&id=p32167405751&listNum=3&a=208660479

Triple top test on SPY
http://www.stocktiming.com/Tuesday-DailyMarketUpdate.htm

SPX at key resistance. Two camps re direction...
First are those who believe in the bullish inverse head and shoulders pattern forming. This would provide a pullback to about 1081, then a powerful thrust up to 1150+.
Second are those who believe in the much larger bearish head and shoulders pattern already formed. This would indicate a top is in or close, to be followed by a powerful wave down now as indicated on chart. I'm in the second camp. Options expiring and "turn dates" etc should make this a volatile week ahead. Watch for an upward breakout on the VIX.
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=4&dy=0&id=p24072683470&listNum=3&a=208141142

60 min Top?
"Overthrow" of rising wedge hits top #2 line.
http://stockcharts.com/h-sc/ui?s=$SPX&p=60&yr=0&mn=2&dy=0&id=p17756077538&a=208141701&listNum=3

Heck no. That's why I post them. I've picked up some good ideas just by seeing what people post.

Weekly trend change signal chart
http://stockcharts.com/h-sc/ui?s=$NYSI&p=W&yr=2&mn=4&dy=0&id=p80581792038&listNum=3&a=208318664

Trend change signal chart
http://stockcharts.com/h-sc/ui?s=$NYSI&p=D&yr=0&mn=4&dy=0&id=p60204699066&listNum=3&a=208265753

Two top targets
http://stockcharts.com/h-sc/ui?s=$SPX&p=60&yr=0&mn=2&dy=0&id=p28521303098&listNum=3&a=208141701

SPX daily chart shows nearing breakdown out of sideways wedge
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=1&mn=9&dy=0&id=p47976756109&a=207865583&listNum=1

weekly SPX chart
http://stockcharts.com/h-sc/ui?s=$SPX&p=W&yr=3&mn=9&dy=0&id=p23372777377&listNum=1&a=207895442

Interesting SPY chart shows
SPY hitting both trend line and FIB resistance
http://stockcharts.com/h-sc/ui?s=SPY&p=60&yr=0&mn=6&dy=0&id=p63921588729&listNum=1&a=207900521

A simpler chart for simpler minds
and all without swearing...bro
http://stockcharts.com/h-sc/ui?s=$SPX&p=60&yr=0&mn=3&dy=0&id=p92154452163&a=207768345&listNum=1

SPX 60 min shows 2 possibilities, but
both end with severe drop
http://stockcharts.com/h-sc/ui?s=$SPX&p=60&yr=0&mn=6&dy=0&id=p84059124108&listNum=1&a=207246969

REVISED POST
http://stockcharts.com/h-sc/ui?s=$SPX&p=60&yr=0&mn=6&dy=0&id=p68942295564&listNum=1&a=207246969

Different 60 min chart with interesting indicators
http://stockcharts.com/h-sc/ui?s=$SPX&p=60&yr=0&mn=1&dy=10&id=p44979325835&listNum=1&a=207590341

The 30 min chart has a closer focus and lacks the 60 min perspective. The market broke above the upper channel on the 30 min as it forms the C of the A,B,C on the 60 minute chart. Both charts indicate targets lower than 1010. However 1010 is probably a point on the way down where the market might bounce briefly, so I indicated that is where the market is heading next. Should Larger wave 2 (A,B,C) be complete this week or early next, wave 3 down should begin. That will be a vicious down wave probably heading towards the lower 900s or upper 800s.

Here is the updated chart I posted earlier with advice to watch the STO for direction. Note channels on chart.
http://stockcharts.com/h-sc/ui?s=$SPX&p=60&yr=0&mn=6&dy=0&id=p88796871154&listNum=1&a=207246969

SPX 60 min chart shows
wave 4 of 5 waves down completing. Next is wave 5 down towards 1010.
http://stockcharts.com/h-sc/ui?s=$SPX&p=60&yr=0&mn=3&dy=0&id=p64249170154&listNum=1&a=207501972

Choosing only 1 indicator would depend on
position trading (longer time frame) or swing trading (shorter time frame). For shorter periods, the Stoch RSI 40 would be good. A good indicator for longer position trades would be the Wm%R(144) going over or under the 50 line. Use the Stoch RSI 40 when the Wm%R(144) is in your favor. A good chart should be one which has a variety of indicators which, when working in concert, allows for both swing and position trading. I view a good chart like a symphony orchestra with different sections for different tasks all working together for the same purpose: increasing profit while reducing anxiety.

SPX 30 min invisible chart shows
market hitting point 4 of a 1,2,3,4,5,decline. Next move is down towards 1010.
http://stockcharts.com/h-sc/ui?s=$SPX&p=30&yr=0&mn=1&dy=10&id=p84385268334&listNum=1&a=207265089

SPX 60 min hitting 50 period resistance. Watch FULL STO 22,22,22 for clue to direction.
http://stockcharts.com/h-sc/ui?s=$SPX&p=60&yr=0&mn=6&dy=0&id=p88796871154&listNum=1&a=207246969

Chart to pinpoint top
http://stockcharts.com/h-sc/ui?s=$SPX&p=5&yr=0&mn=1&dy=0&id=p00360745168&a=204483303&listNum=1

chart link failed...unknown reason

Looking for a short-term top about Tuesday next week. That would be C of the A,B,C wave 2 rally (earlier post). Then it's down to the bottom of the larger down move below 1010. Here's short-term chart to pinpoint the near-term top.
http://stockcharts.com/h-sc/ui

CHART: WAVE 2 A,B,C IF 1039 HOLDS.
http://stockcharts.com/h-sc/ui?s=$SPX&p=60&yr=0&mn=6&dy=0&id=p04399438361&listNum=1&a=207246969

Looking for a Bernanke bounce in the morning. Fade early next week.

I agree totally with your view


Also, you can add to your observation the fact that she has two qualities many in office lack: trust and excellent common sense. I'll vote for that any day. That to me is vastly more important than how many Supreme Court justices can dance on the head of a pin while Katie Couric fiddles away her nonsense tunes.

"Your right", you're wrong

One way to achieve "seperation" is to divide us "UP" into those who can spell "separation" and those who can't. I enjoy the usual intelligent market conversation here, but deplore that which fails to live up to the established norm of intelligent market insight and techniques.