AUG-15 Some TA Charts

Today I would let charts talk.

Chart 1 Base Metal Index:

• M head
• Lower-lows
• First target 220-230
• Match with dollar rebound
• Match with recent selling off of Chinese A share and its base metal stocks

Chart 2 Gold:

1. Shoulder and Head Top
2. First target 930 then 910
3. Match with dollar rebound

Chart 3 SP500 Daily Candle Stick - Bearish signals:

1. MA 5 and 10 dead cross
2. MACD dead cross
3. Topping pattern in Chinese 孕十字星
4. Two while stick in two black stick 二阴包二阳
5. Target Fib. rtr 960
6. Inverse match with dollar rebound

Chart 4 US Dollar Index

• A reverse shoulder and head bottom is forming.
• First target 80.7 around month-end