The chart posted is the VIX of the VIX the VVIX has the cycle which I stated on monday and friday last week a short squeeze is now setup as the13.8 to 15.2 week decline would see a sharp rally. And that the IYT RSP BA and TNX were making a ending of a 5WAVES pattern we are only going to see an ABC rally and the last 5 days have been wave A so...
The chart posted tonight is the Equal weighted SP 500 So far this is the cleanest wave structure of all the indexes and as of tonight I can say this is my Preferred wave count and should be the guide going forward for the next 6 to 9 months . So The rally from the oct low of 2022 rallied in a abc x abc for the students for the rest of you it was a...
I am posting this chart at this time for what is good reason . The neg cycles from the spiral from 9/11/2001 is nov 3 but as stated we were closed until sept 21 and that is nov13 th so WHY am I going long Reason is the IYT dropped and held my line in the sand at 209.6 and that the DOW retraced to .786 to the tick . is that good enough to take the...
The chart posted is APPLE the drop down had fib relationships back up but each failed to FILL the GAP see arrows I do not see very good things going forward . it is a net gain less that TBILLs for the last 24 months if is traded down to 152 I would look at it but not till then
The chart posted is the Dow jones transportation etf IYT i have now labeled the drop in what seems to be a 5 wave drop into the last stand support 209 this a place we should now see an large ABC and we should see .236 to .382 of the drop in a counter trend rally
The chart posted is that of the longer term super cycle wave B that started from super cycle wave 5 from 2009 low has stated that the 2021 dec forecast super cycle 5 th wave blowoff Parallel to 1907 to 1929 peak and that a correction Bear market would decline at a min .382 of the bull market with the likelihood more like a 50 % decline to 55 % Based on...
The chart posted is the US $ it seems to be formed a triangle wave e low held my fib relationship at 105.49 in what looks for now as wave E if we rally from there I would look for a 5 th and final peak in the US $ this is only clear on the hourly and NOT the daily
We have ended what seem to be a major long term LOW in the TAN the solar etf and the main body of this etf FSLR I would now feel we have and are about to advance to a new record high
Meta is the next one to collapse Based simple on RSI this stock bottomed within 3 of my target and has formed a classic 5 th wave blowoff be safe Wavetimer
the chart posted is that of another etf that seem to want to fade to black . But for now we should see a low into this time frame and then see a half rally . into jan /mar 2024 before the Depression is clear in the euro zone
I think all should understand that I am looking for that last short squeeze in the markets and NOT by any mean a new Bull market . My view is based on DATA of 123 yrs NOT wishful thinking . way too many of you have not lived thru a true bear market I have lived thru 5 and this will be my 6th I have studied Every bear market I will warning all a second...
I am posting this so all can see the path of cpi based on the core rate No statement yet but it is good to share
The chart posted is that of AAPL 4 hr chart If we are to see the 5th wave this would be the high likely be the formation if the BULL IS INTACT
MY most BULLISH VIEW .We have now ended a INVENTED HEAD N SHOULDERS BOTTOM THIS IS A WARNING IF YOU ARE AT ALL SHORT DO NOT BE >Five wave down in TLT a major ABC rally is in the cards and should see .382 this would be HUGE SHORT COVERING > I HAVE WARNED YOU IF YOU ARE BEARISH > !!!!!
We have now dropped to a nice .382 decline and into cycles due sept 25/oct 16 in the form of a classic abc zig zag and the rally should see wave 1 and 5 to be Equal or infact wave5 could see a major 5t wave blowoff well above 4826 in the cash sp 500 . but we just need to close above 4306 that is all I need as we so far have an A x 1.618 to = wave c up at...
The data and time data = price the spirals = time I now have 3 very powerful points that call for a MAJOR PEAK this week they all focus 10/4 ,5,10 see pinned tweet to understand . time spirals based on the golden ratio of lunar cycles MY BIBLE
We seemed to have dropped in a another 3 wave structure this only happened in triangles or diagonals open a book and learn ELLIOT WAVE before you open your mouth and make a statement. I studied ew from A.J Frost in letters back and forth in my 20,s NOT BOB
The chart posted is the of the XLU we had a very clear 5 waves up from oct 2002 and we are nearing the long term trendline 21 yrs long and a .382 retracement . it has dropped in the form of an abc decline and a triangle to form wave X or B I tend to view it as an X since the peak on july 26th it has a classic ABC decline and it is now 70.2 days long...