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Some say that price is what you pay, value is what you get. So whats the value in bitcoin?....potentially infinite as far as the n# of bitcoins is limited versus a devalued currency, beyond any imagination. But fear not...after more than 400% ramp in just a month w/o a serious catalyst...even the thinnest low float penny stock experience profit taking at some...

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Takes time to shape a mkt top in normal conditions, the more in extraordinary times, where the primary rigger is the same cb. Day by day, you hear more BTFD-mantra, but accumulating here means ignoring what happened back in 07 with a RSI div neg with the same slope. Moreover, the INDU has not b/o the upper TL yet. Sure, the Nyse margin debt could hit higher...

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ATH could mean that we have an analogy with 2012 and potentially a RSI neg div. If the correlation with TIF keeps on goin we could see prolly something similar for both. No doubt that we are still in QE-land as the market continues to rip higher, but a stock with a 1.79 beta could be seen quite aggressive even for the team of gurus fighting Ackman. The same Icahn...

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Little analogy matching 35% of the movement so far. Note that ATHs made on overnight sessions tend to be b/o, so there might be an other ATH ahead discarding this analogy.

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After a rally of 772% from 1987 and 364% from 2009.On the daily UNP is shaping a H&S. If you are not impressed by the hyperbolic slant, showing the pure impact of inflation on Giffen goods, look at the precision of each 76.4% retracement.

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The analogy is made of 4 bottoms and 9 tops. At the b/o of the TL the tgt is just approximate as we approach the Oct 17-Nov15 debt impasse. It goes w/o saying that this b/o needs a major mkt shaker to be fair w/ 2011.

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This analogy is worth of a look IMHO. - Italian crisis - Potential US shutdown - Potential blue median test -> then lower parallel Potential stops over the upper parallel

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Might be nice to follow with the right stops. -Gap to close -Potential political impasse -Italian crisis -BOJ on 10/4 -Potential US shutdown -Octaper

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Considering a short at neck b/o. R/R could be nice. Analogy looks amazing

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1)this is a 1/ZCW 2)COT showing commercials bullish on grains:bullish for grains 3) corn likely to crunch the spread with wheat: bullish for zcw 4)it would be the 6th bullish signal given by 1/zcw on the ES if the correlation (CC) tanks

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Weekly road map. Tightening jaws and crashing spread. Note 50% from double top meant neckline. 61.8% looks achievable. Forget the tapering talks this aint bullish at all.

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Nice R/R at neck break.

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Given: 1-Gold Shorts Covering At Fastest Pace In 13 Years 2- Mkt flooded with demands for physical coming from Asia 3-the head and shoulder inverted about to b/o 4-the strong correlation with GC Risk: stop on the head

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Quoting Blankfein " Investors should always prepare for the most extreme risk scenario because it will happen..." well then what could be the most extreme scenario? w/o underestimating the huge impact of POMO in saving the day each time the mkt tries to fade we can notice that: 1)There are high chances that we are on the head of a potential H&S, that could be...

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1.The GC correlation with the 10yrs Note is gaining momentum 2. The same ZN has a clear potential H&S inv on the daily 3.2008 Analogy still in play ( ) 4.Net short positions in gold are still at record 5.Approaching bullish seasonality www.signalfinancialgroup.com 6.200sma as magnet

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USD is potentially at the b/o of H&S...IF it breaks down the neckline, the growing inverse correlation MIGHT take gold in a huge short squeeze, confirming the analogy with 2008 posted earlier.

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If the chart of gold cant tell you much (double -bottom similar to the 2008 retracement), try with NEM... as it has just formed a nice H&S inv. At the neck b/o w/ volumes TGT could be the yellow upper parallel with a double gap-fill and the 144 sma, which looks to be playing with the same GLD. RSI div + Correlation >0 and growing

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If thats the case, any R should be taken as a short opp. It goes w/o saying that it needs neck b/o w/ high volumes. RSI div neg fits well w/ this hypothesis.