Finance Banter http://www.financebanter.com/ The Business Banter Work en-ca feed@financebanter.com Copyright 2012 Daniel S. Shaffer Shaffer commentary on the S&P500 for Oct 17th 2011 $ES_F $SPY http://www.financebanter.com/article/shaffer-commentary-on-the-sp500-for-oct-17th-2011-es_f-spy http://www.financebanter.com/article/shaffer-commentary-on-the-sp500-for-oct-17th-2011-es_f-spy On the S&P 500 Stock Index Futures daily chart, we observe and note that a classic sharp bear market rally was launched after the Index made a cycle low on Tuesday, October 4, 2011.

]]> Mon, 17 Oct 2011 09:35:43 -0400 Daniel S. Shaffer Shaffer Commentary on the S&P October 3rd 2011 $ES_F $SPY http://www.financebanter.com/article/shaffer-commentary-on-the-sp-october-3rd-2011-es_f-spy http://www.financebanter.com/article/shaffer-commentary-on-the-sp-october-3rd-2011-es_f-spy On the S&P 500 Stock Index Futures daily chart, we observe and note that again the Index Future has broken down below the lower upward sloping trend line which indicates a continuation of the “bearish flag pattern” and the “bearish wedge pattern”. 

]]> Mon, 03 Oct 2011 08:54:31 -0400 Daniel S. Shaffer Shaffer S&P Commentary for September 26th 2011 $ES_F $SPY http://www.financebanter.com/article/shaffer-sp-commentary-for-september-26th-2011-es_f-spy http://www.financebanter.com/article/shaffer-sp-commentary-for-september-26th-2011-es_f-spy On the S&P 500 Stock Index Futures daily chart, we observe and note that the Index Future has penetrated the lower upward sloping green trend line which indicates a continuation of the “bearish flag pattern” and the “bearish wedge pattern”. 

]]> Mon, 26 Sep 2011 08:57:13 -0400 Daniel S. Shaffer Shaffer Commentary on Oil 9-23-2011 $CL_F $QM_F http://www.financebanter.com/article/shaffer-commentary-on-oil-9-23-2011-cl_f-qm_f http://www.financebanter.com/article/shaffer-commentary-on-oil-9-23-2011-cl_f-qm_f On the weekly chart of Crude Oil Futures, we observe and note that the contract continues to trade below the lower upward sloping black trend line, which is bearish.

]]> Fri, 23 Sep 2011 09:00:25 -0400 Daniel S. Shaffer Shaffer commentary on the S&P 9-22-2011 $SPY $ES_F http://www.financebanter.com/article/shaffer-commentary-on-the-sp-9-22-2011-spy-es_f http://www.financebanter.com/article/shaffer-commentary-on-the-sp-9-22-2011-spy-es_f

On the S&P 500 Stock Index Futures daily chart, we observe and note that the Index Future may be on the verge of declining below the “bearish flag pattern”

]]> Thu, 22 Sep 2011 08:23:10 -0400 Daniel S. Shaffer Shaffer commentary on Gold 9-22-2011 $GC_F $GLD http://www.financebanter.com/article/shaffer-commentary-on-gold-9-22-2011-gc_f-gld http://www.financebanter.com/article/shaffer-commentary-on-gold-9-22-2011-gc_f-gld On the weekly Gold Futures Contract chart, we observe that the Gold Futures may be developing a “Spike Top Reversal” consolidation pattern as it traces out a parabolic rising pattern which technically indicates that a reversal can occur at any time. 

]]> Thu, 22 Sep 2011 08:21:39 -0400 Daniel S. Shaffer Shaffer Commentary on Oil September 21st 2011 $CL_F $DIG $DUG http://www.financebanter.com/article/shaffer-commentary-on-oil-september-21st-2011-cl_f-dig-dug http://www.financebanter.com/article/shaffer-commentary-on-oil-september-21st-2011-cl_f-dig-dug On the weekly chart of Crude Oil Futures, we observe and note that the contract continues to trade below the lower upward sloping black trend line, which is bearish. 

]]> Wed, 21 Sep 2011 08:31:45 -0400 Daniel S. Shaffer Shaffer Gold Commentary for September 20th 2011 $GLD $GC_F http://www.financebanter.com/article/shaffer-gold-commentary-for-september-20th-2011-gld-gc_f http://www.financebanter.com/article/shaffer-gold-commentary-for-september-20th-2011-gld-gc_f On the weekly Gold Futures Contract chart, we observe that the Gold Futures may be developing a “Spike Top Reversal” consolidation pattern as it traces out a parabolic rising pattern which technically indicates that a reversal can occur at any time.

]]> Tue, 20 Sep 2011 08:30:37 -0400 Daniel S. Shaffer Shaffer Market Commentary on the S&P 9-19-11 $SPY $ES_F http://www.financebanter.com/article/shaffer-market-commentary-on-the-sp-9-19-11-spy-es_f http://www.financebanter.com/article/shaffer-market-commentary-on-the-sp-9-19-11-spy-es_f We continue to warn that recent intraday daily price action is signaling a major market decline.

]]> Mon, 19 Sep 2011 08:52:18 -0400 Daniel S. Shaffer Shaffer S&P Commentary for September 15th 2011 $ES_F $SPY http://www.financebanter.com/article/shaffer-sp-commentary-for-september-15th-2011-es_f-spy http://www.financebanter.com/article/shaffer-sp-commentary-for-september-15th-2011-es_f-spy On the S&P 500 Stock Index Futures daily chart, we continue to observe larger than historical daily trading ranges which we interpret is due to increased global economic uncertainty by investors.

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