"Sneak Attack in the Making."

"This is getting serious!  Someone's Planning a Sneak Attack!"

6M, Daily - Mar. 5 - It is important to look at the market in multiple time frames.  Sometimes it works best to look "Long Term" first and sometimes it is better to look at it "Short Term" first.  Today it will start at the "Long Term."

The above chart shows the progressive decline in the market over the last 6 months.  The more recent "accelerated decline" is apparent.  The "Big" question is what does this mean?  Can we expect a "Snap Back" or "More Slow Bleed."

10D, Hourly - Mar. 5 - Bear Potato Prevails!  As pointed out yesterday the Bull had raised his head but his libido was quickly pricked.  The two gold spot show the "Obama Fake Out" of a few days back (he made some remarks that affected the market).
5D, 30m. - Mar. 5 - There are two interesting points here.  I have observed and pointed out before that there are frequent repetitious patterns that occur.  One of these is the " Symmetrical S-Curve."  In the above chart you can see two duplicate "S-Curve" patterns.  These can be helpful in making mid-day decisions for the afternoon.
2D, 5m - Mar. 5 - This is a very interesting chart.  A speaker on Think Or Swim in Trader Lounge commented on "High Hockey Stick" indicators.  In the above chart there is a classic "High Hockey Stick" in the CCI that coincided with a decline in the market.

If you have questions, please make a comment.

PB

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