06/08/2009 intraday update

2:58pm

1min chart

 

 

2:41pm

yield keeps soaring.  i can not imagine stock market makes new high with yield like this.

 

 

2:28pm

Look at the leaders, GS, AAPL, GOOG… they are leading the way down…

Distribution is here already…

 

2:23pm

EUR/UCD finished a abc correction and now head lower.  stock market follows the currency market really well these days.

 

 

1:19pm

yellow circle is my short zone.

 

 

12:50pm

Now we reached key level, 200mA on 15min,  again and I’ve mentioned this is the next support we need to watch closely when we take out the orange support line.  

 

 

12:43PM

Repost this chart I draw last Monday. it goes well with my count now.

 

 

 

4:38am

EUR/USD continues falling hard.  expect stock market to follow tomorrow morning…