Chart shows the Hand-Drewed picture of S&P500 chart by Tim Knight author of Slopeofhope
Believe it or not its hand-drewed during 18th OCT 2008. And also check out his recent predictons
in his recent post Big Picture
Archive for the ‘World Indices’ Category
Long Term Prediction of S&P500 by Tim Knight
February 5, 2010Ichimoku Weekly Cloud Chart for Nifty, Shangai Composite and Hang Seng
February 1, 2010Weekly Charts of Nifty
Weekly Charts of Hang Seng
Weekly Charts of Shangai Composite
From the above shows the Ichimoku cloud charts(Weekly) of Nifty(India), Shangai Composite(China) and Hang Seng(Hong Kong). All the above charts convey only one single information to investors. i.e these indices are trading very close to the Ichimoku cloud supports and the breakdown will lead to the true start of the bear market until then playing with Equity longs are safer.
Ichimoku Cloud Supports on Weekly basis
Nifty – 4800(Very Close to cloud Supports)
Hang Seng – 20000(Very Close to clould supports)
Shangai Composite – 3000(Almost Broken)
Related Readings
Ichimoku Cloud breakout in Dollar Index – 21 Jan 2010
25 Years of Niikkei GANN Chart
December 22, 2009
The long term Bear market for Nikkei started right from 1989 onwards and still continuing for
the past 20 years with minor bull rallies
Nikkei Breaks Long term GANN Resistance
December 22, 2009
Niikkei(Japanese Index) had recently broken the GANN Resistance and heading towards
13,000++. GANN Long term supports prevailing exactly near 10,000
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