Tuesday, May 31, 2011

S&P 431 Week Lows ?


Either this cycle is inverting, or we are in for some serious money printing.

Kim Rice 5/31/11






Gold Long-Term Fib Timing


Like silver, gold has a timing confluence coming together in the June/July time frame. However, it is based on different swing points than the silver chart posted yesterday.

Kim Rice 5/31/11







Monday, May 30, 2011

Silver and Canadian Dollar Timing


Posted are a few charts of silver and one of the Canadian Dollar with what appear to be important fib time relationships. See annotations on charts for more detail.

My timing work (not posted) also shows a potential change in trend in stock indices around 6/6/11 +/- a trading day or two.

Kim Rice 5/29/11











Monday, April 11, 2011

US Dollar - 72/73 Week Cycle

Let's see if the dollar can bounce or not. If this cycle is going to do anything, the dollar needs to start bottoming and begin an advance fairly soon.

Kim Rice 4/11/11

Precious Metals


The posted gold chart shows a time square projected from a couple of important swing points. Gold and especially silver are getting overdone with sentiment getting extreme on the bullish side in some readings. I also have some time projections pointing to 4/27/11 and 5/12/11. So I don't know if this 4/11 time square is significant, but the metals are due for meaningful retracement. Whether it's done with the advance yet or not, my analysis suggests important cycle lows are due sometime between mid June and early July 2011. Don't know if it will happen, but would like to see lows in silver somewhere between 20 and 28 in that timeframe.

Kim Rice 4/11/11

Thursday, February 17, 2011

NYSE 100 Index Resistance



On the NYSE 100 index we can see that the April 2010 top was right at the 50% retracement of the 2007 to 2009 drop. We are rapidly approaching the 61.8 % retracement level in the 6,000 area. The second chart is a closeup showing trend and channel lines intersecting around the 6,000 area as well.

Running into this .618 ret level just as we run into an important web of Fib Timing Confluence increases the odds of a significant market reversal in the very near future. I will be looking to add to short positions in other indices based on a move to 6,000 on the NYSE 100 (or on any reversal signal in the next 5 trading days if we don't get there).

Kim Rice 2/17/11


Wednesday, February 16, 2011

S&P Fib Timing Confluence


As shown on the attached weekly SP chart, there is an impressive web of Fib timing lining up for the week of 2/21/11. I would give this a variance of no more than about 1 week either way. Assuming this timing will have an effect on the Fat Finger Ben market, it should have some kind of top somewhere between today and March 4th. I'm leaning toward 2/18 to 2/23 based on some daily timing work not included on the chart.

Kim Rice 2/16/11