Big reversal pivots: ES 4343 VIX cash index 12.99 VX Futures 12.47

I bet Peter will change his mind to bull market when ATH at 4800.

Your ceiling of 14527 was already broken by 8 am EST

Sometimes the short Gods open their treasure box for those that see opportunity...this is one of those times.

Last updated 3 months ago

Note to myself: always do opposite of what bears do in bull market

AAPL is at .618 retracement, NKD futures advancing to a B wave Double top. Historic top in the Japan market. Bitcoin is finishing wave 2 of 3 of 3. UNH finishing W3 of 3 of 2 with 3 to follow. When this baby tops we will drop for days.

Last updated 3 months ago

Triple top in the NDX? topping candle

So now we have 5 waves up in the NDX cash super cycle B wave of Big wave A down....expecting C down will start soon. Target 50 to 66 percent lower from here by August.

Btw the Vix hit another 52 week low this morning proving yet again B waves are phonies of mass psychology. Especially in a Society that has been spoon fed propaganda all their lives. Just another echo bubble built on funny money and legalized criminal activity. IMHO

UNH now at .618

NDX now has a small 5 down from it's B top.

Last updated 3 months ago

NKD Japan futures have reversed their B top. Pretty sure the Dow will do the same with Bitcoin.

NDX has a grave stone doji on the 2 hour cash chart.

Back in 1929 the Robber Barons with their friends and I'm sure the big banks created "dark pools" that cornered the market in many high flyers of the day. this was made illegal back then,because when those responsible removed their bids stocks collapsed overnight. Today it is all legal again with "share buy back" programs. Such stocks as CMG,AZO,ORLY,AAPL,MSFT,GOOG,UNH, ect ect Have transfered debt to Banks for wealth to officers of these corporations. This too will become illegal in the future as these stocks collapse every 2 generations must learn the same lessons that their Fathers did.

Last updated 3 months ago

$VIX has now reversed higher.

About Bitcoin I agree with Peter's lower projection. A lot of Elliott wavers see much higher prices. Bitcoin to my eye completed a very long in time fourth wave and now looks to have done 1 down and a A,B,C,D,and E leading diagonal down that looks like a bull flag. It will be interesting to see at this important juncture how BTC resolves itself.

Looks like we have a 5 down impulse in the Dow cash.

szulc2639 said:

This morning's high in NDX & SPX are in 3 waves so far but are falling toward the gap from yesterday to today, if that gap provides support and new highs are made then that will be a 5th wave of 5 that can conclude the move up. Alternatively, coming under yesterday's low without making a new high will count as a B wave, that is bearish. Seasonally the indices are entering a weak period between 6/9 to 6/29. Today many news services, have flashed headlines like "S&P rises, entering a bull market." That to me is bearish or topping headlines, along with Fear & Greed at a new high 77 in the extreme greed zone, Put/Call ratio (PCC) current reading .694, several readings during the past few days even lower, and the VIX making a new low yesterday and hovering above it today shows complacency at extremes. Even if this is a bull market versus a correction up in a bear market, the markets are ripe for a large sell off. The Russell may have already topped 6/7 at least on an interim basis against the 3/6 price bar. That may be an important top. On a personal note, I got screwed yesterday by the SEC and or Barclay's Bank PLC (Great Britain) that delisted and halted trading on all their commodity Etf's, no warning at all, Etf's no longer recognized by the trading platform, can't sell out just frozen in limbo.

+1

NDX 14660?? Okay. This isn’t funny anymore. From 11,000 to here ? From 12,200 (that was IT” to here ? Never ever could you make 3000 Ndx points on a cycle projection. Seriously. Not funny anymore

On BTC from my Wave E LDT I count 1 down than W-X-Y and then a small 1 down and in process w2 up. I would think this drop lower should subdivide down going to new lows. YMMV