Cincinnatuus

Cincinnatuus

Had some Trump Trade Politics come out this week about ‘eminent progress,’ being made with China on trade just before the November Elections. This was denied by all sorts of Washington insiders, but begs the question, when will we see some sort of resolution on trade with China? I think it would be great for China to evolve from being a Globalist/Corporatist New...

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As you can see from the prior chart, this idea has been pretty much been dead on. So, this chart shows the rising diagonal triangle playing out in 6 week cycles to a b wave top in 2019 at the .618 Fibonacci retracement of the sell-off from the January 2017 highs.

Cincinnatuus Updated 

This B-Wave needs to burn some time and set up for a change in direction and inertia before the next major move.

Cincinnatuus Updated 

With the SPX breaking it’s January Highs, we have to consider that the Grand Super Cycle Wave III that started in 1974 is not done. If that is the case, we aren’t in the Super Cycle Wave V yet. The rally up from the February lows has way too much overlapping. Like a broken record I continue to point out that wave 4’s and wave 2’s can’t trade in the same price...

Cincinnatuus Updated 

This is No 5th Wave. Look to the left of this chart to see what a real 5th Wave looks like. At this point the index has reached the lower end of the price objective of a measured move, but could potentially trade higher towards 3000. This Primary cycle is running out time and should start entering its most bearish phase. We’ll know this upwards correction is...

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Updating this idea, which is going well so far. After The S&P completed the larger b wave and dropped out of the upwards price channel, it has been working on the c wave downwards. The c wave downward should take until after the elections, going into the mid part of November. We are still waiting to see how price action plays out around the February lows. The...

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The big picture is this is a c wave sell-off within a larger c wave sell-off, to finish off an even higher degree b-wave. Looks like we just finished up the middle b-wave correction before the last wave of the c wave. So, expect prices to drop pretty relentlessly in to the bottom. Not thinking there will be any accumulation pattern before the bottom. Thinking...

Cincinnatuus Updated 

Strong B-Wave down closing the gap, followed by a measured move down into the fourth wave of lesser degree. Daddy needs a new pair of shoes!..

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Close In Daily View of the Chinese SHCOMP market. Interesting how the Wave Cycle Timing looks like it will match up pretty well with the progression of US Tariffs.

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Ethereum is also linked to Bitcoin’s prospects, and will trade with it in Bitcoins year and a half correction. So Ethereum, if it survives, has to make it all the way to next Summer. I fully expect it to trade below it’s IPO low of 5.86. It has a chance to trade up with Bitcoin after that, if it survives that is…

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Ripple’s Initial Public Offering was a few months before Bitcoins market top, and Ripple will continue to struggle in the shadow of Bitcoin. Will it survive? Maybe, we’ll see. Ripple will continue to go down along with Bitcoin until Summer time next year. If it survives, I’d expect it to be below it’s post IPO low. The way to trade it would be to wait for it...

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I’m so proud of my daughter, who called the top of Bitcoin in December, and proclaimed to the other Seniors in her High School that Bitcoin was a Freakin’ Bubble. She even convinced the father of one of her friends to short it, which he did, though he chickened out on the subsequent bounce… lol. The Second wave of the advance of Bitcoin was a year and a half...

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With a PhD in Economics, what can Doctor Copper tell us is going to happen next in the economy? Since 2004, the price of copper has exploded above $1.5 a pound, seemingly corresponding with the timing of tremendous growth in the Chinese economy. Now that their economy is slowing down, what can we expect? Doctor Copper says to expect lower economic activity over...

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Just unbelievable! NFLX has canceled the Series for Iron Fist and Luke Cage. It’s over. The End is here. NFLX is now doomed to become another foot note in the history of the Internet… No seriously, they did just manage to float by another $2 Billion dollars worth of bonds at a low rate, so they will surely stick around for a while longer. But as for being a...

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Was able to find historical data on this currency pair going back to the early 70’s. This is the 10 thousand foot view of how I see this currency pair potentially playing out…

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These days it seems the Wild West of the Internet is under attack. You have that Douche Bag Brussels Government trying to regulate it, and internet free speech is under assault complements of the You Tube / Twitter / Face Book (You Twat Face) league of Censorship and their Bigoted Management teams. The year 2000 was the top of the 72 year Technology cycle and it...

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Here is a case study on what NOT to do as a central banker. Despite terrible demographics the Central Bank of Japan insists on buying up stocks and suppressing interest rates to the point where Japanese industry and government debt is uninvestable. By the time this is all done, the Japanese economy could very well be gold backed.

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UGHHHH! See that price action from late 1998 to the beginning of 2000? Not Good, that’s corrective behavior. Another European country in a multi-decade market correction. The chart shows a good possibility for the potential pin ball price action over the next decade. So what is going on here? High Unemployment, Property Bubbles, the Prime Minister is the...