AndyM

Ending wedge in Treasuries gives clues on timings of the crash

NASDAQ:TLT   Ishares 20+ Year Treasury Bond ETF
703 3 16
Hi Folks,
I noticed that ending wedges very often (more than 50% of the time) complete their 3-5 section at approx. 0.618 of the time it took them to complete the 1-3 section. The Fib-Time tool is great to spot these things. For the ending wedge in TLT             this gives us a target of May 25th for its wave 5 which should mean we are about to see a very significant low in SPX             at the same time.

Will the market have time to crash by 20-25% by end of May? I have no idea, but I am very much looking forward to finding this out.
Nice TA buddy. Lets go for the 3rd crash in a year :P
Reply
There is no crash Yellen will come out and comment how good the economy is and that we have 0.5% growth rate maker will rally to all tim high and beyond 2235
Reply
P.S. I'll be watching Treasuries performance to determine the exit point: sell-offs often end very abruptly, so it's a good idea to use treasuries as a metric of crowd mood.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out