Foreign Analyst - Technical Analysis

EWI: Stock Market Insight: Will September Steal Back the 255 Points?
Positive Seasonal Bias for Stocks Only Lasts So Long
http://www.elliottwave.com/freeupdates/archives/2010/09/02/Stock-Market-Insight-Will-September-Steal-Back-the-255-Points.aspx

 How Fibonacci Numbers Govern Market Prices and Timing
EWI Senior Tutorial Instructor Wayne Gorman brings you an exciting educational resource.
http://www.elliottwave.com/freeupdates/archives/2010/09/02/How-Fibonacci-Numbers-Govern-Market-Prices-and-Timing.aspx

Be Your Own Sherlock Holmes and Detect the Market's Direction with the Wave Principle

http://www.elliottwave.com/freeupdates/archives/2010/09/03/Be-Your-Own-Sherlock-Holmes-and-Detect-the-Market-s-Direction-with-the-Wave-Principle.aspx

Copyright © 1997-2010 Elliott Wave International 

Stock Market Crash, Bull or Bear?
The Bullish View:  The bull view is an inverse head and shoulders pattern.  The pattern’s target price upon breaking above the neckline is 1,250ish.   

The Bear View:  The bears will see a wedge pattern in development.  I’ve drawn in the Elliott Wave count to reflect what the wedge pattern looks like.  It requires a move higher to finish wave B before a declining wave C with a target of roughly 950 on the SP500, see chart below:

The Crash:  I've done my best to provide the Elliott Wave structure the ardent bears have for the massive wave 3 down.  It's more of a visual, but I want to focus on where we are now in this view  We just finished wave i and in wave ii.  If so, wave ii should stall at the 62% retracement level, or the price resistance at 1,100.

$VIX:  The index seems to have rolled over, which would indicate another test of the bottom support line is now the expected move.

By J.D. Rosendahl
www.roseysoutlook.blogspot.com

Hindenburg Omen Stock Market Update
In accordance with Dow theory, the bullish primary trend associated with the bear market rally that began at the March 2009 low still remains intact.   No doubt, that rally has run into some obstacles.   But once again, it all boils down to price.    What is more significant to me is price itself and the underlying statistical implications.  If the statistical DNA Markers that I have found to have occurred at every major market top since the inception of the averages in 1896 prove to fall into place, then that will mean more to me than anything else.  The current Dow theory chart can be found below.

By Tim Wood
Cyclesman.com    

Asian markets climb in reaction to U.S. economic news but European markets stall...
Recommendation: Take no action.

By Mark McMillan
mark@stockbarometer.com

Kalender Ekonomi & Event Pekan Ini (06 - 10 September 2010)

Forexfactory.com. (WIB +11 jam)

Update Daily Investment News

Trade Deficit Probably Narrowed in July: U.S. Economy Preview
http://noir.bloomberg.com/apps/news?pid=20601087&sid=apnMa0hA4Rf8&pos=2

IMF’s Lipsky Says ‘Modest Recovery’ Underway for Global Economy
http://noir.bloomberg.com/apps/news?pid=newsarchive&sid=abR1SHVzHNj4
Emerging-Market Stocks to Outperform, JPMorgan Says
http://noir.bloomberg.com/apps/news?pid=newsarchive&sid=av18zbwN0TFs
Stock Buybacks in U.S. at Fourth-Fastest Pace, Birinyi Says
http://noir.bloomberg.com/apps/news?pid=newsarchive&sid=acDHA7Sb2cVU
S&P 500 Stocks Biggest Weekly Changes in Target Price
http://noir.bloomberg.com/apps/news?pid=newsarchive&sid=a52gRcK22kmg
Citigroup Proclaims ‘Cult of Equity’ Has Died: Chart of the Day
http://noir.bloomberg.com/apps/news?pid=newsarchive&sid=aLupY0l3ALXc
U.S. Stock Pessimism Brightens September Outlook: Chart of Day
http://noir.bloomberg.com/apps/news?pid=newsarchive&sid=aBZUPtXj4mho 
Indonesia Raises Bank Reserve Ratio After Inflation Accelerated
http://noir.bloomberg.com/apps/news?pid=newsarchive&sid=akXDoqq5VckQ
Indonesia Rupiah Set for Best Week Since July on Export Growth
http://noir.bloomberg.com/apps/news?pid=newsarchive&sid=a_Aq9CNUl0jM
U.S. Stocks Snap Three-Week Losing Streak on Economic Optimism
http://noir.bloomberg.com/apps/news?pid=20601087&sid=aw1Al5VdvA_0&pos=3
Asia Stocks Post Weekly Advance on BOJ, Manufacturing Growth
http://noir.bloomberg.com/apps/news?pid=newsarchive&sid=abx.kYZR_Urw
U.S. Stock Surge Unconvincing, DeGraaf Says: Technical Analysis
http://noir.bloomberg.com/apps/news?pid=newsarchive&sid=arVnhxHMPMBM
’Bear Flag’ Signals Oil Drop to Near $60: Technical Analysis
http://noir.bloomberg.com/apps/news?pid=newsarchive&sid=aLTTNlDRYizk
Silver May Revisit 2008 High After Breakout: Technical Analysis
http://noir.bloomberg.com/apps/news?pid=newsarchive&sid=aS_z2TPECUC8
Euro Set for Bullish Reversal Versus Pound: Technical Analysis
http://noir.bloomberg.com/apps/news?pid=newsarchive&sid=a3WbQccq6JVM

GLOBAL MARKETS WEEKAHEAD-Poised for a risk rally?
http://www.cnbc.com/id/38990590
Kass: Last 55 Points of S&P Rally Is Probably Short Covering
http://www.cnbc.com/id/38991605
'Bullish History' Suggests S&P at 1500 Soon: Analyst
http://www.cnbc.com/id/38990247
Halftime: Can Bulls Keep The Mojo Alive?
http://www.cnbc.com/id/38991602
Art Cashin: What to Expect After Obama (UPDATED)
http://www.cnbc.com/id/38990132
Oil & Gold Next Week: What Traders Will Be Watching
http://www.cnbc.com/id/15840232?video=1582026917&play=1
Could Investors Fleeing Stocks Become a Lost Generation?
http://www.cnbc.com/id/38991743
Economists: Gloom and Doom Ahead—Especially for the US
http://www.cnbc.com/id/38989636
There's a 'Bull Market in Pessimism': Credit Suisse Exec
http://www.cnbc.com/id/38992651
Economy Is Growing at the Right Pace: Strategist
http://www.cnbc.com/id/38972204
The Gloom & Doom Report
http://www.cnbc.com/id/15840232?video=1582065271&play=1

IHSG: Buy 3.165 target 3.240 stop 50p, Sell 3.240 target 3.100 stop 30P. DJIA: Buy 10.330 target 10540/10.60 (200-day MA) stop 50P; Sell Breakout 10250 target 10.000

IHSG

Liat TD Wave 10/08: http://www.blogger.com/post-edit.g?blogID=6833542981102286398&postID=5218895147221569420 

Track Record IHSG (since end of March 2010) : 59 Recommendations (42 profits: 4 break even: 13 loss) = (+20p+45p+73p+53+60p+45p+63p+0p+27p+50p-20p+13p+40p+45p+40p+29p-30p-154p-75p+80p+26p+0p+28p+80p+62p+53p+20p+0p+70p+99p+135p-20p-30p+50p+60p+100p+0p-55p-30p+59p-30p-20p-30p-30p+45p+70p+74p+57p+35p+50p+50p-30P+20P+20P+35P+54P). Total : Net +1710 points = Average 28.55 point.

DJIA

Track record 49 Trades: (-65p-30p+370p + 280p+190p-30p+230p-30p+120p+200p-40p+280p+198p+205p+110p-30p+70p+200p+150p-50p-30p-30p-30p+145p-50p-30p+175p-50p-50p-60p-50p-50p+225p+100p-55p+100p+380p+220p+230p-100p-60p+265p+20p+80P+90P+130P-30P+50P-50P-50P+100P+20P). Total Net +3843 points = Average +78.02 points/trade.

Performance Global Stock & Asian Index

Global

Asia