Daily Positive thinking-

Its important to do some good daily, we spend days and weeks in daily routines and when time passes on we come to happy realization that times passed by, the concept of compounding implies to daily life as we focus on the investment world too. Its important to add little to ourselves informs of education, learning, hobbies, sport, languages. Over longer periods the basket of our holding is large. We are handling portfolios of our lives..its important to add to yourself. Idea is the hub and spoke model..we are the hub..the spokes are family, friends, career, people we meet, the society, the nation.

Double Top and the Bearish Cheat Rounded Top Arc on the current DJI (Dow Jones) 

The current hourly's for the DowJones Wallstreet 30 are forming the long awaited bearish signal which is pointing towards a bearish trend for the next couple of days to close the large gap made at the end of Dec'12 thanks to the fiscal  cliff saga and interestingly  timely remedy reached by the US senate. In fact have been chasing this bearish move for a while and also been deceived by the rounded top move as seen, with a crazy 140+ point bounce from above the 200 moving avg (EMA).

Am looking forward to formation of cool bearish (currently seen) cross overs on the 1H, 2H, 30min, 15min, 10min charts using the Slow Stochastics and the MACD. I feel bit confident of this market down move occurring which gives us a cool 200 point profit scope on the down side  for traders trading the Dow Futures / SPX500.

The Daily charts currently display the formation of a hanging man/ doji candle stick which makes me think we are headed towards closing the large gap mentioned above 13124. What made me post this was the urge to record this pattern and a execution mistake done ignoring the stochastic cross over upward using the slow stochastics while choosing to short at 13309 and being reprimanded by my boss but its a excellent learning which should help us great awesome profits...

cheers till then as I write quickly.