Battleaxe

Battleaxe

Self explainatory

Battleaxe

I see 3/18 top, 6/29 low, 9/5 top, 12/14 low. Lower highs, lower lows.

Battleaxe

A simple sine wave overlay on the S&P Stochastic RSI has been timed almost perfectly for a year and a half. The period is about a month long. Notice the "short circuit" between peaks during November 2014 and October 2915. First half of each month has been bearish; second half of each month has been bullish.

Battleaxe

The S&P topped in June 2014, not May 2015, when variance in the international value of the dollar is considered. It should continue lower until the end of this year. It is interesting how this correlation has remained in straight channels up and down since at least the early 1990s.

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Any correlation that produces straight lines interests me. This one is intriguing. You'd think that if the dollar is up the market may be that much more down, but not necessarily so. The dollar was strong in 2000-2001 and again now, but not so much in 2007-2008. But dividing the S&P by the dollar index produces a perfectly straight line through all 3 tops. So for...

Battleaxe

What does this chart tell you?

Battleaxe

Target price ~1533.

Battleaxe

Target ~1533

Battleaxe

Already completed H&S twith a target of ~1615 but on the way down it pushes the neckline lower which puts the target at ~1533.

Battleaxe

Direction down until monthly MACD crosses over.

Battleaxe

Everyone's been saying that the SPX is following oil, or the SPX is following the HSI, but in reality the global economy is getting worse and they're all just going down.

Battleaxe

S&P down? Gold Up? Both?

Battleaxe

Will this time be different?

Battleaxe

We've gotta go down to 1992 or lower within the next week or two to hit or pass through the bottom of this cloud.

Battleaxe

Looks like quite a bit of resistance here from the cloud on the hourly chart.

Battleaxe

Looks like we should end up near 1200 by the year 2018-2019.

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Here is the S&P500 expressed in Euros. The 2000 top is a bit higher than in dollars. The 2007 top is much lower. The 2015 top is a bit lower.

Battleaxe

These oscillations on the daily chart seem to line up pretty well. Still saying bearish short term.