The Phoenix has surely shown its power now. Having been chained and repressed for years and years, Drugged and abused by the Dark Wizards As if the free markets were some child's toy plane Never requiring fuel or maintenance. No, reality has struck these wizards fully in the face Hopefully they grow wiser one day And realize that they are not gods. For the poor...
As insane as it might seem, I present here what i think is the *most probable* scenario unfolding in the market. If actualized, it will become the most devastating market crash in all of history. Here are some reasons why I think this is the most likely scenario now: 1) Most bearish movement indicators has been smashed, including velocity and magnitude of the...
I've never looked at corporate bond charts before, but this came to my attention. Perhaps, someone more versed in the matter can comment? What I see is that while the market was rallying today, corporate bonds (almost all of them) were quietly continuing a sell-off. What might it all mean?
Cyclical patterns suggest that we may be repeating the initial crash of 1929, which recorded the worst drop in history on Black Thursday, Oct 24, 1929 (-11%). This was followed by an enthusiastic rally the next day (Friday), followed by capitulating drops the next week: Black Monday (-13%) and Black Tuesday (-12%). Afterwards, there were a couple significant...
Same as previous post, zoomed in with weekly interval. Reference: time-price-research-astrofin.blogspot.com
I must attribute and give thanks to the genius W.D. Gann for being able to nail this (likely) supercycle top in advance (two weeks before coronavirus emerged). For every trader's reference, I highlighted all Gann's major topping turns and posted them here several months ago. Lo and behold, he was right again! In the past 90 years, his visionary long term...
Seems like only a fortnight ago when I wrote about the `Great Plains Battle` and how the bulls had to either emerge victorious there or surrender. The bears did not give *any* ground. Today, it is clear that they have nearly ousted the bulls from the plains and, in fact, are now taking the battle to the heart of bull territory (green rectangle). I definitely...
Like it or not, oil is our society's economic life and blood. Therefore, if I am correct in my comparison of the current oil drop vs 2008 and 2014, then we still have a LONG LONG ways to go, and normally the market will go down with oil. Good luck friends!
Friends, we could be moments away from witnessing the start of the greatest crash in history. Please protect your wealth! Next VIX resistance target levels are 65, 90 then 100+ (skyrocket to the moon).
Within a week of taking control of the Great Financial Wall, bears drove the bulls far into plains territory where a riveting battle has ensued. I have to show some respect and commend the bulls who have stood their ground the past few days despite having lost the protection of the wall and being ravaged non-stop by the bears and fire of the Phoenix (VIX). ...
Something is very wrong with this picture, even worse than I have been predicting. Look at how the VIX chart is launching straight up in a green candle, looking even worse than the Oct 2008 crash spike. Could we be heading for a 30+% crash within 2 weeks?!?! The strangest thing I see is that coincidentally, not many bears have jumped aboard. Instead, bulls are...
Well, well, folks, for those who have been following my narrative about The Great Financial Wall (GFW), it shall be told now that, after months of battle, the bears today took full control of the GFW. With much pain, they thwarted the final stealth bull attack (ie. repo injections) which almost allowed the bulls to reach the other side of the wall. However, as...
Been a while mates! Hope y'all doing well! As my followers know, I've been targeting the X (SLV to hit 25) for nearly a year now. A couple weeks ago, it almost seemed like winds were starting to take us in that direction action. However, we have now been given a powerful warning shot with the deep red candles, synchronized with the 3 day stock market collapse....
"... we may not just get back up..." This may be my final post and warning to my friends here for a while, because I expect to be too busy navigating the depths of the impending bear market. After last night's *worst* drop since Feb 2018 with a declining A/D ratio not seen since Sept 2016, I still see the bullishness. I observed quietly on OPRICOT as calls...
Look out below! I have been warning for months, but now... the Phoenix is truly about to obliterate. All market top conditions have been met imho. I have reasoned enough in all my previous posts. Now is the time for action. Estimated fractals Mar 20th: First wave bottom Apr 2nd: Second wave top June or July: Major crash bottom (35-75%) Good luck all!
I have little doubt about this chart. My question is, how will the rest of the world fare when this happens?
This week, the market threw the bears in for yet another shocking reversal, just as it seemed the tide was finally turning. It knocked the bears over with a "history making" week of 1% overnight gap ups. That is until Friday, when the gap direction suddenly turned back in the bears' favour. So what's the deal? When in doubt, I look at this more ancient and...
This week's market movement has been baffling. The bears were on the verge of striking the bulls down from the great wall of resistance, when they suddenly returned, with great stealth and silence in the wee hours of the night, to retake a central place on the wall. Have they succeeded in using guile and deception to defeat the bears once and for all? I think...