Outlines.... of what to come for the SP500

S&P 500SP

Description

⋅ Mar 6, 2015 10:37 PM

The way I see it... days are numbered.

(I see a top primo april combined with a phi mate date and Bradley model top. See this link or look it up): safehaven.com/article/4602/fibonacci-phi-mate-turn-dates-forecasting-tops-and-bottoms

Will tank after a dead cat bounce in march 2016

See my other charts for info... this is just a updated chart of my chart: Dilemma.... This could be what's in store

I'm not playing the SP until we have seen another ATH at 2138. Then I'll be short - like a bear just woken up from hibernation.

Safe trading ladies and gents!
@BLawrenceM

Music at work:
youtube.com/watch?v=03O2yKUgrKw
open.spotify.com/track/3yvY3DcwiX8oOxKRz4bLLj

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Comments

jangseohee

⋅ Mar 7, 2015 2:57 AM

Hi Lawrence,
i do not think 2138 is a coincidence :-)

CoinedByCrypto

⋅ Mar 7, 2015 1:37 PM

I don't think either ;)

CoinedByCrypto

⋅ Apr 1, 2015 12:51 AM

Couldn't help myself had to answer Fibonacci Queen: pbs.twimg.com/media/CBd3dz6VEAAhpML.png:large

IvanLabrie

⋅ Apr 1, 2015 1:40 AM

Fibonacci queen haha...

CoinedByCrypto

⋅ Apr 1, 2015 1:43 AM

Well she's a slow starter but she is catching up :)

CoinedByCrypto

⋅ Apr 1, 2015 12:48 AM

Couldn't help myself. Had to answer Fibonacci Queen with this Tweet: pbs.twimg.com/media/CBd1x-2UkAAABMB.png:large

QuantitativeExhaustion

⋅ Apr 1, 2015 12:51 AM

Which is the better play next three months, US Oil USO calls or SPX puts?

CoinedByCrypto

⋅ Apr 1, 2015 1:07 AM

Oil might provide a good opportunity next week on a rally.. I see a rally coming after hitting the 88,6 retrace (See chart). Technically speaking, if $47 holds or even $44 (dbl bottom), we will see a rally to $60. I also see the SP in the 2nd Q being in a sell off mode. Why not play on 2 horses? A rally in oil though will also strengthen oil stocks that have been beaten down... could help the SP stay afloat until the SP has finished its bull run for good. So I'll play oil first... buying UWTI on strength (Can't play options) and the shorting the SP next.

CoinedByCrypto

⋅ Apr 1, 2015 1:08 AM

The 88,6 retrace done: tradingview.com/v/YIy5okaB/

jangseohee

⋅ Apr 1, 2015 1:41 AM

Lawrence if oil is going 34, i will meet you there
but 39.9 is very important support