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For those who have been following our updates and charts on Telegram, you remember that we've posted the same chart back in December 2018 pending the completion of the green IH&S. At this moment, the market seems to...
To me, it looks like the market is moving slower after each cycle. Our last bull run was longer than the previous one. The 2014 bear market was also longer than the 2011 bear market.
To my findings, the bear market of 2014 moved 2.5x slower than the 2011 one. If we use that same factor this time according to my calculations the bear market now should end around...
When drawing fractals you need to consider every section, not just the bear market duration of the last blowoff.
The last blowoff timeframe is not applicable to the bear market now because the duration and intensity of the previous bull run was NOT the same as the 2017 bull run.
The fractal must be adjusted appropriately for a maturing market moving forward as...
This chart is the Dow divided by the Unemployment rate of the U.S.
I'm not sure if this means anything or not, but it is interesting to look at. I immediately picked out a wedge.... and a gloomy looking one too...
October 2020 anyone?
Using only historical data, Fibonacci, and simple Geometry, I'm making this very long term Bet to BTC with 2 kind of possibles dates and end prices.
Maybe it's too early to make soo long bet, but if you are a Hodler, maybe its good to start to think what will be the price in 5 or 6 year.
My 2nd presentation on youtube (on Dec 11) when i shorted TSLA at about $360 - the momentum model suggests optimal buy point for TSLA will be March 2020. Thus they have the highest opportunity to go bankrupt into March 2020. If they survive this next 12-15 months then it will be time to buy... momentum trends to 2020... a long time away.
This chart projects possible SPX price ranges into 2019 and 2020. I encourage you to draw your own conclusions, but would suggest that, at the close of 2018, the risk/reward profile of the index looks increasingly unattractive.
I never expected a drop this far/this quickly and have felt the pain looking for a bottom too soon; but here we are. With prices closing on the weekly below Sep '16 - June '17 Support (43.x), I see potential for a continued grind down as prices are right back in the eye of the 2015/2016 storm. IF... prices close a weekly bar below 41.38, then I believe we may...
Possible long term path for the DJI between now and January 2025. Save and check back in 6 years.
Red boxes are targets where we'll probably see some dead cat bounces along the way.
Orange box represents the 18-month long presidential cycle.
Green box indicates where one should "back the truck up" for a stock market reload. (Bottom of the crash... maybe anyways)
I was sure Bitcoin would drop bellow 6k as it is losing steam a.k.a. money. Followed the chart that I built pretty well and I still feel we will see BTC slide down this chart like water would and find support in the 3K-1K range and lye dormant there for about a year then take off and hit 20K easily for its next run to I would say around 400K.
Every time BTC has...