Quick facts ;
1) Parabolic rise
2) Double top ?
Dollar versus Ruble is overbought (main uptrend is intact so far)
See that trigger level ? short right below it
I often get emails asking me if I see an inverted head and shoulder in the Dow Jones Industrial.Bank Of America Corp ( BAC )
Citigroup Inc ( C )
Wells Fargo ( WFC )
Financial nightmare continues ..... imagine what will happen on monday ?
General Electric ( GE )
Alcoa Inc ( AA )
Cemex S.A. De C.V. ( CX ) ; no more demand in cement ? I doubt it ....
DOW Chemical ( DOW )
Let's use some common sense here ......
Gut feeling ? these are prices you may NEVER get a chance to see again in the next 20 years.
You have two options ;
1) Buy, hold, and forget about them
2) Wait, and regret .....
I am a trader using business logic of a long term investor ; meaning ?
Shopping time for me will be tuesday (hoping for another crash on monday) :)
I plan to buy those shares (see list above) with 5% of my capital
Then ? buy more if they go down again
SP 500 ETF (SPY)
Japan ETF (EWJ)Citigroup Inc ( C ); testing triple bottom. Most financials have the same patterns, breaking most support levels.
Wells Fargo ( WFC ); testing previous lows, a break below 13.5
could cause a real damage
DB Double Long Crude Oil ETN (DXO) ; huge volume, will test lows @ 1.70?
Gut feeling ? Bottom is near ; get ready to go long and "probably" make a fortune in a reversal play

Is Gold in a bubble ?
Pay attention to that potential bottom seen in the chart of light crude oil ;