A MAJOR LOW IS IN PLACE WE SHOULD SEEA RALLY OF MIN 618 OVER THE NEXT 14 WEEK UP
1998 PANIC LOW 12/26 LOW OR A SLIGHT NEW LOW
The NYSE could be counted as ending the correction from jan peak now based on the drop jan 27 to feb low x 1.618 from the b wave top oct 3 within 30 point I am now moving to a 75 % long as of this morning pull back and will move to a 100 % on any new low under 12/26 I SEE THIS DROP AS WE SAW IN 1998 PANIC DROP NOW . BEST OF TRADES IF RIGHT WE SHOULD SEE...
The chart posted does not show the panic spike of 1987 at 172.79 but what is interesting is the the peak in 2009 panic low is a 50 % of the panic of 1987 and so I am looking for a final spike at .382 on long term and a 50 % of the panic of 2009 into 47 to 51 area near JAN 4 TO THE 10 MY LAST SPIRAL PANIC WAS FOCUSED FEB 4 TO THE 11 OF 2018 FOCUS...
WAVE STRUCTURE IS THAT OF WAVE 5 OF 3 ENDING NOW
IF WE BREAK ABOVE 30.36 WE HAVE A CLEAR TARGET
I AM NOW 100 % LONG WTI HERE AT 45.40 AT .618 ON THE WEEKLY CHART WE HAVE A CLEAN 5 WAVE DOWN OUT OF THE 4TH WAVE TRIANGLE
THIS IS A CHART OF THE HIGH YIELD MARKETS FOR THE LAST YEAR PLUS THE WARING SIGNAL . IF WE BREAK THIS THEN THE ODDS OF A REAL CRASH IN THE SP IS AT 100 % AND THAT MY PANIC CYCLE DUE DEC 11 WILL HAVE MINOR SHIFT TO DEC 29 AND THEN A FINAL WASH INTO THE NEXT SPIRAL DUE JAN 14 FROM MY SPIRAL OF 4/2/ 2018 WE THEN SEE A WORLD WIDE DEPRESSION
It looks like we now have a double top so there is now no where to hide what is coming other that the 10 year or cash going into 2019
Well for sometime I been waiting for a final washout in wti into my two targets 1st was 49.58 we saw that and rallied to 54.5 in a 3 wave rally then we formed a triangle for a 4 wave or a alt is that todays low at 47.26 is a wave B low both wave counts now point to a sharp rally as the alt downside was in a window of 47 60 to 45.98 therefore I am long...
BASED ON MY FORECAST THAT THE TOP IS IN JAN AND THAT WE ARE IN A 2 YEAR BEAR FYI ONE DOWN ALREADY MY FRACTAL WORK LOOKS FOR MY CYCLE LOW DUE NOW INTO DEC 18 AS LONG AS 2445 HOLDS I STILL HAVE A SHARP RALLY FYI I WENT LONG SP 2566AND 2547 ADDING 2510 AND 2483 WE SHOULD SEE A SHARP RALLY BACK TO JUST ABOVE 2815 INTO JAN 14 PEAK
ABOUT 2 WEEKS BACK POSTED A CHART OF BITCOIN AND 1929 MODEL WHICH GAVE ME A TARGET OF 3200 TO 3388 FOR THE FINAL WASHOUT WE SHOULD NOW SEE 4500
THE SUPPORT AT FIB 49.58 WAS SEEN AND THE RALLY BACK TO 54 DID WELL NOW THE 4 WAVE TRIANGLE HAS ENDED AND WE SHOULD SEE A WORLD DECLINE IN ASSETS LOOK FOR A SHARP DROP INTO THE 46 TO 47 NOW AND LAST SUPPORT AT .618 42 20 BEST OF TRADES
BITCOIN HAD A TARGET FOR ME BACK IN LATE 2107 OF 19800 BASED ON THE FRACTAL 1920 TO 1929 AND GOLD 1971 TO 1980 WE ARE NOW VERY CLOSE TO THE FINAL LOW THE DECLINE IN THE FIRST ABC SUPER CYCLE DROPPED 69.8% FROM 19891 TO 6000 IF AS I THINK THE SECOND PEAK OF 11580 X .698 = 3488 TO 3248 FOR WHAT LOOKS TO BE A GOOD RALLY ON % TERMS
THE WEAK LINK IS KEY TO FUTURE BASED ON MOST BANK INDEX I FOLLOW WE ARE WITHIN A FEW HOURS OF A MAJOR BOTTOM AND RALLY IN ALL WORLD INDEX I HAD BEEN TARGETING A DATE OF A PANIC INTO DEC 11 AND A I.T LOW WELL WE ARE HERE AND MOST OF THE WORLD INDEX ARE NOW SETUP FOR A STRONG RALLY BACK INTO JAN 14 DATE I AM NOW MOVING FROM A VERY BEARISH VIEW TO TIME...
The break of 188 support now gives a last stand support in the 161 to 168 area after that NOT GOOD AT ALL
I AM MOVING FROM BEAR TO AN ALT WAVE B LOW TODAY IF THE SP CAN HOLD 2588