NDX Nasdaq 100. This is a private idea. This is a one day candle chart of the Nasdaq 100 Index. We have zones of several different lengths occurring simultaneously. The dotted purple line represents the APPROXIMATE date (October-November sometime) of the END of the 9 year GREEN zone. Keep in mind that this chart does not show that we are in a 17 year Green zone which started around 2016. That fact will keep the upcoming troubles from being something really drastic, since we are near the beginning of a 17 year uptrend. That does not keep a recession from happening though.
Crossing over the purple dotted line occurs sometime in Oct/November 2018. We can see that we have already entered into the beginning part of a red zone of a time period of around 2 years + . But the fact that we are coming up on the final part of the 9 year green period will give the market a boost over the next few months. On the closer time frame, we are in a larger red but in a smaller green zone, the two will somewhat cancel each out but since we have already had such a stock market run to date (5/12/18), It is reasonable to expect a stock market dip to occur very soon! Nothing really drastic though. This chart predicts the stock market to be somewhat weak though until the next solid line green zone starting around June 25. Things likely to pick up from that time.
On the longer time scale, we can see that soon after the purple line, we will likely get a stock market peak (if not at the purple line), Extreme caution must be undertaken, but also remembering the peak can occur after the purple line as well. It will be time to look for euphoric highs to be a sign for shorting the market or buying into UVXY, although it should not even be considered an opportunity before November or maybe December. Maybe some of this may be more clear closer to the time frame. This is a private idea for personal reference only.
Crossing over the purple dotted line occurs sometime in Oct/November 2018. We can see that we have already entered into the beginning part of a red zone of a time period of around 2 years + . But the fact that we are coming up on the final part of the 9 year green period will give the market a boost over the next few months. On the closer time frame, we are in a larger red but in a smaller green zone, the two will somewhat cancel each out but since we have already had such a stock market run to date (5/12/18), It is reasonable to expect a stock market dip to occur very soon! Nothing really drastic though. This chart predicts the stock market to be somewhat weak though until the next solid line green zone starting around June 25. Things likely to pick up from that time.
On the longer time scale, we can see that soon after the purple line, we will likely get a stock market peak (if not at the purple line), Extreme caution must be undertaken, but also remembering the peak can occur after the purple line as well. It will be time to look for euphoric highs to be a sign for shorting the market or buying into UVXY, although it should not even be considered an opportunity before November or maybe December. Maybe some of this may be more clear closer to the time frame. This is a private idea for personal reference only.
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Zoomed out view below
