timwest

DOW Industrials -DOWI - Yearly Time at Mode Analysis

INDEX:DOWI   DOW Industrials
469 8 8
The best part of this chart is how the 18 years sideways created an 18 year breakout pattern.

The other best part is how the current market had mimicked the 1942-1970 rally with the 1982-2000 rally and the resulting corrections are similar, even down to the false breakout after an 8-year sideways pattern, followed by a 50% correction.

We could still be going sideways to mimic the late 1970's, but the Central Bank's collective $10 TRILLION buying spree has kept assets afloat.
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Marek99 PRO
2 years ago
The money supply "printed" in the last 7 years is in circulation, I would not expect a major pull back like we witnessed the last two times. Just because the amount of money has diluted everything. What I am saying is that the current price is slightly overvalued because the money supply has grown exponentially. Unless this supply contracts majorly, we shouldn't expect volatility to expand. Without money expansion, we are still going sideways if not DOWN.

According to this chart, we are entering a correction phase. MACAO down, signal down. MACD is too slow, thats why I use MACAO

snapshot



I'm going to write a script shortly to adjust for the Money supply against the index, we'll see where we actually are.....
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Kurt0sis
2 years ago
Sure looks a bit similar to 1942-1970

DOW 5,000 by 2018?!!
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Marek99 PRO Kurt0sis
2 years ago
absolutely, you are 100% right Kurt, I hear you, but a crash with so much dilution would mean that in real terms a drop to 1000 is actually 200 ?? -

I go by this assumption
Politicians lie
People lie
even my dog is lying, especially when he steals food
Math does not lie!

With silver and gold being suppressed as they are very good at wealth preservation, it is now a matter of time for the FED to make a significant move. Russia has now officially declared war against America. They are coming out swinging with little jabs at US right now, things like dumping their US bills and switching to buying BRICS debt. Now Syrian airstrikes, people are scared. So yeah, market will drop, and that drop should have been in real terms to 200, but the dilution will make it appear as if things are still improving.

Houdini would have been proud of our beloved Ben & Yellen
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Marek99 PRO Kurt0sis
2 years ago
Quickly wrote this script, can't publish it for some reason, getting errors from tradingview. I'll try again later, here's a snapshot of where we are, lol
snapshot
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Marek99 PRO Marek99
2 years ago
And here's the other time frame, I find it very interesting how the M2 is the trend line for it. hmm

snapshot
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timwest PRO Kurt0sis
2 years ago
Very - In other diagrams I have outlined the similarity. Luckily I found that pattern back in 2002 to help me forecast a new, all time high (like the high in 1973 which happened on peace in Vietnam, the 2008 high on Obama declaring w/d from Iraq and Afghanistan) and subsequent drop. There are so many similarities it is worthy of writing a book, which I wish I had done. Many hundreds of people heard my speeches outlining the forecast. Thanks for bringing up the memories.
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Marek99 PRO
2 years ago
Here's the link to M2 idea which attempts to plot true value https://www.tradingview.com/v/W3U69p27/
Real Price of SPX compared to M2 money supply
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Marek99 PRO Marek99
2 years ago
Real Price of SPX compared to M2 money supply
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