How many bears remain in this market? I gave up last fall after trying to time this since 2020. Moved the little I have left (after bear roasting for years & years) into bonds & GICs. No matter what, I am just paralyzed from being able to press the buy button. Why do markets still look so incongruent? Why do so many sectors including this wilshire still look...
While most people have eyes fixated on the ever elusive AMEX:SPY and NASDAQ:QQQ , completely skewed by the movement of the 7 generals (FAANG-MT) and a few other giant outliers like NASDAQ:NVDA , the broader Wilshire index has been riding along the gates of hell for nearly a year. Both the 10WMA and 50WMA have triggered the death cross with the 200WMA. MMT...
Chart posted is my view based on ALL the cycles that are running into the low due oct 4 th week 2022 cycles 20 10 4 2 hurst year and 6/7 spirals and 4 fib cycles as well as 2nd year president cycle use for form
WAVE STRUCTURE POSTED IS THAT OF a 5th wave diagonal the end of a trend with a NEG DIVERANCE IN THE RSI
Today on the Wilshire 4500, the price action bounced off the general area of the ascending trendline following the January 4 low and the July 19 low.
A lesser known stock index worth charting en.wikipedia.org
I HAVE THREE LONG TERM AND I.T SPIRALS FROM PANICS IN THE PAST DUE TO BOTTOM ON OR ABOUT DEC 24 /26 THEN A RETEST ON 1/7 2021 I FEEL THE BULL MARKET IS NEAR AN END AS THE NEXT MASSIVE WAVE OF DEFLATION IS INTO OCT 2021 .I HAVE A BEGINNING OF A BREAKDOWN IN THE E.U. STARTING NOW AS WELL AS A CRASH CYCLE IN GOLD INTO MAY 2021
What a crazy time we are in. 5 months ago, all was gloom and doom. Last month, almost every asset class was up except USD. SP500 has been above 3200 for one month and Nasdaq has been hitting ATH for 3 straight months. How do you explain this market irrationality? One possible reason is that pension, endowment funds and investors are forced to invest in...
Keeping an eye on the Russell for a possible break of the previous high.
The sentiment is supporting the bull and price about to leave the oversold condition in the leading indicator. Equity market doing well recently from yesterday after market optimistic by $2 trillion in virus relief largest economic stimulus package seeks to give families and businesses a financial shield against the new coronavirus pandemic.
For more information watch the following: youtu.be /Q3BjMUd391c (remove spacing)
20,779 stocks scanned 521 completed daily bull gartleys detected (includes repeat symbols). screen shots of symbols sorted by most recent date detected first prntscr.com and prntscr.com and prntscr.com and prntscr.com