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Public blog posts only as education and entertainment. private membership market updates reflect my view and analysis of the market. The information contained on this website and from any communication related to the author’s blog and charts is for information purposes only. The chart analysis and the market comments do not hold out as providing any financial, legal, investment, or other advice. In addition, no suggestion or advice is offered regarding the nature, profitability, suitability, sustainability of any particular trading practice or investment strategy. The materials on this website do not constitute offer or advice and you should not rely on the information here to make or refrain from making any decision or take or refrain from taking any action. It is up to the visitors to make their own decisions, or to consult with a registered professional financial advisor. And i absolutely discourage trading options.

Monday, June 18, 2012

banks and Nikkei

http://humblestudent777.blogspot.com/2012/05/market-bottom.html
http://humblestudent777.blogspot.com/2011/12/agressive-medium-term-price-target.html

market update - banks
my current view. if the worst case market scenario plays out, these Long term pictures show very bleak future of banks. technicals confirmation needed for the picture.

market update - $nikk 3 dome formation
with the red Long term trend channel, $nikk 3 dome formation pattern shows potential of making serious 3 decades new low. nikkei rally around 2% on Monday 6/18.