Monday, October 24, 2011

Yen: Possible CIT Date 10/28 to 11/1/11

A little more analysis on the yen shows some nearer-term timing symmetry around 10/31/11, give or take a trading day or two. Amending the previous post, I plan to wait until at least 10/28 to look for short set-up. This would give it time to run wherever it wants to price-wise, including a move past the price projections at 132.17 if it wants to. There are higher projections (such as to 135 area) so I would rather let time run out before attempting shorts.

Kim Rice 10/24/11




Saturday, October 22, 2011

Major Top in Yen?

Per the long-term chart below, there is a reasonably high probability that an important top is forming in the yen. There appears to be a 5 wave diagonal pattern ending which comes after completion of a 10-year symmetrical triangle. Analysis on the chart shows a 4160 trading day time square lining up now and three different sets of important swing points projecting to 132.20 area. A move much above 133 would likely invalidate this analysis. This is a very manipulated market with no discernible Elliot Wave patterns on short to intermediate term charts. However, the long term chart appears to have some natural form that may or may not work for analyzing this market.

Kim Rice 10/22/11



Wednesday, October 19, 2011

Gasoline in Crash Mode?

There is a very weak pattern in the gas chart that may lead to a crash. If it does crash I imagine it will take everything with it - except the dollar which would likely crash to the upside.

Kim Rice 10-19-11





Sunday, October 16, 2011

Dollar and Stock Market Observations

Per the charts posted below, the dollar is at or nearing support. I still think it's in a bull phase that should last longer than most people would think it could.

The stock market is getting quite overbought near term. Several timing confluence points line up for possible reversal in the 10/17 to 10/20/11 window. There is also a 666 Gann price & time square due 10/26/11 +/- a day or two.

Kim Rice 10-16-11









Saturday, October 15, 2011

Feeder Cattle Top?

The posted chart shows an alignment of price and time projections for a possible imminent top. A time vibration lines up for early next week for possible trend change and price is currently within a penny or two of an important price projection in the 145 to 146 area.

Kim Rice 10/15/11


Thursday, October 6, 2011

Dollar Timing

Per the chart below, there are several cycles converging for a potential low in the 10/10 to 10/12/11 time frame. I'll be looking for long set-ups and, if executed, will use a stop 60 ticks under whatever low price is printed in the 10th to 12th window.

The other chart shows a time square for a potential top around 12/20/11.

Kim Rice 10/6/11





Stocks 1929 Time Analog

It may be all one big coincidence, but the current market in 2011 is making highs and lows on the the same dates as the 1929 market did prior to collapsing. The high of the last two-month consolidation was 8/31 to 9/1/11. The spike low leading to the current good-news short-squeeze came in on 10/4/11. With this timing analog and the similar pattern to August 2008 posted a few days ago, a trader may want to look for short setup in the 10/10 to 10/12/11 time frame. If the market rolls over, look to cover in the 10/26 to 11/1/11 time frame (even if there is no significant sell-off).

If the market is trending up into the 26th of October, that may also be a short setup. 10/26/11 is 666 trading days from the 3/09/11 666 price low in SPX (Gann price/time square). 10/26/11 area should be watched carefully for possible change in trend.

Kim Rice 10/6/11