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...
THREE PEAKS and A DOOMED HOUSE FORMATION . He died Aug 25 1087 on the day of the final high we formed the peak to the day . and we are forming that same pattern FRACTALS we still will see at of above these two targets and even a new record high to end the long term formation before The super cycle CRASH it is NOT This Decline .
the chart is that of the 1 day vix abc rally is forming in VIX this would see the setup to under 12 PANIC CYCLE DECLINES 8 TO 13 TD . SEE XLU 13 DAYS
this is NOT BEARISH repeat NOT BEARISH be ready this is huge
We are very close to a breaking of a 21 year trendline MY fib work says we will btw and we should see a panic drop to about a 50/51 handle god help us if we break this target
The chart posted is one of the 9 vix .It is one my tools in my Models to determine market turns . we hit a near perfect .382 at the Peak in vix . I had talked about a level to watch in the single day vix of 18.88 and 19.89 often . I feel we are coming into the cycle the panic scycle were due into sept 21/23 and I feel that the 9/25 was the bulk of...
W.D Gann came right into the Gann date 10 yr cycle low . I will now look for a very choppy rally back up into 98.2 to 99.7 in the etf
The chart is that on GOLD It seem we are now at a major support of fib .618 If it breaks I see us at the bottom of the bands in a wave C decline for DEFLATION a low on or about nov 13th
The chart posted is now been updated and the wave structure is ending now in wave 5 of C to end super cycle wave B this is the bearish wave count as looked for into my ocy 10 week low due target 3511/3490 low 3491 all golden ratio and spirals turns oct 10 th week june 26 super cycle turn as a shift like jan 2018 17 days . march 13 th turn back to 1942...
The home builders sector has a very nice correction I would be LONG calls in the sector NOW this is the last wave up use it also to sell into a new high all long term holdings as I will discuss near the 5th wave top