Friday, January 20, 2012

Crude Oil Mr1 to Mpp

Crude oil futures has gone from a high this month at Monthly R1 Pivot and now has pulled back to the Monthly Pivot Point at $98. The Yearly Pivot Point(purple line) is below at $96.45. Oil is bullish above the Yearly Pivot Point and bearish below it.

First test of a Yearly R1 Pivot

The the March NDX futures(NQ) tested the Yearly R1 Pivot(purple line marked R1, the green lines are the monthly pivots) at 2433 yesterday. I'm watching for a sell signal here and a possible pullback to start soon. The trend is still up going into March, but we need some back filling first. The S&P is also at the Monthly R2 Pivot(1310) and we have a new moon on Monday, which has been a good short term sell signal. The NDX cash Yearly R1 Pivot is at 2466.

Sunday, January 8, 2012

Full moon this week

Look for a possible full moon reversal this week to 1243(monthly pivot) on the S&P. The monthly R1 pivot (MR1=1284) was resistance last week. If we do close over MR1(1284) then next res is 1310(MR2)-1314(Demark hi). As long as the Yearly Pivot(1234) holds, I'm bullish into March opex(3/16).

Monday, January 2, 2012

S&P 2012

2012 will be an amazing year. We have many cosmic events that will play havoc on the stock market and life. Life will not end in 2012 as the Mayan calendar says, but could humanity be challenged? This new year should see the start of major global changes that will culminate in 2015 and should change the course of world history. It should bring us a different life environment as the functions of society could change radically and the system of governance will inevitably transform into something more modern and acceptable or will it collapse in a painful way for all of us?

We have the Uranus-Pluto square(June 24th and Sept. 19th), 2 solar eclipse's(May 20th and Nov. 13th), solar max all year on the Sun, transit of Venus across the Sun(June 5 & 6) and the great alignment with the center of the milky way / end of the Mayan calendar(Dec 21), all happening this year! I think we will rally in the first quarter and retest the 2011 highs or higher(1400-1530) by March 16th. Sometime in late spring or early summer of 2012, we will start a 2-3 year bear market and retrace 50% or more of the past 3 year rally. I think we could end this year below 1000 on the S&P 500. Raise cash going into March, or hedge your portfolio at the R(resistance) pivots, is my advise.

Gold 2012 pivots

These price level's is where the smart money and market makers will be looking to buy and sell Gold in 2012. Buy Support ....Sell Resistance. I'm looking for gold to trade between 1275 and 2200(possible 2500) in 2012. The high in 2012 should be the head of a long term Head and Shoulders pattern(2011 high is the left shoulder). 2013 should see the right shoulder.