New Highs - Indexes will explode higher again

One thing that i learned is that economy and markets are not the same... We all know that economy is all fucked up, and we said 2 years ago that this situation was going to happen... 2 years ago i and others were insulted and trashed when we said that countries were bankrupt, now that news are made about that topic the same people that insulted don´t tell nothing... But one thing is economy and other are markets... and by charts we can see that this bull run is not over. Take a look @ SP500 weekly... Daily we are due for another bull run. So shorts be aware... turn off the tv and watch only charts. Economy is bad and will be worse before it gets better, but for now the way of markets is up.

And up we go...

With no comments, i let the chart speak for himself.

Million dolar chart

Up we go... sweet spot for q huge buying opportunity.

Update - Bullish configuration

We have a bullish configuration present. Facts:

Too much bearishness
Great Divergences
Completely oversold on daily

http://www.aaii.com/sentimentsurvey/sent_results

Just bought Nasdaq100 @ 2220.

H&S breakdown = short squeeze

Keep the following in your minds... every H&S on S&P500 that was breakdown, few days later major short squeeze... Now everyone again is talking about the H&S, the 1250 value, bla bla bla... Be carefull with shorts.

Long on S&P500, Nasdaq100 and Silver.

Failed move, fast move - UPDATE 19/05/2011

and i think we will go upside and really fast. Politicians are running out of time and they will try again to put the index up and pray to resolve something with that.

Has lot´s of times from the past, from failed H&S we have fast moves on the opposite direction and appears that will be another one.

So, let´s see if market rallies from now until SPX500 @ 1420.

UPDATE CHART NASDAQ100

Short the hell out of EURUSD

I have not much time for the past month, but i am writing now because i see a huge opportunity for the short medium term. A short EURUSD...

Everyone hate dollar by now, sentiment on dollar is pretty f... up (and with great reasons) but $USD on daily is doing some pretty inversion candlesticks... I nail 1.4917 today and shorted again lower... have some more orders bellow and let´s ride this trade.

Let´s earn some money.