We welcome all comments related to market timing. We do not welcome political and insulting comments, however, and comments of a political nature belong elsewhere and could lead to removal and blocking the originator of such political comments.
You cannot post comments. Sign up for the Video or Bundle membership now and get access to exclusive content! Login for Members
carrleon20002206
Thanks Peter for looking into the natural gas. Hope all are well with you and enjoy the week ahead!
jefflane8592
Hi Peter, When does the WEB AP update? Saturday morning and it still does not include Friday data? That makes it pretty useless... Also, it should include a long term bond fund TLT as a possible hedge play.
rickjendz64
Peter, Can review the most important trend channel from 2009 again? When I look at it, it looks like we went above it and hit 4325 on the SPX at the major resistance line from the 4818 high, then dropped back to that line at Friday's close at 4058. I believe this could be major support! Do you have 4058 as the support line or a different figure? It looks like we could be bouncing between those 2 lines until it breaks out one way or the other. I believe the 2009 trend channel is stronger, so I think we will ultimately break above the 4300 area and off to the races, probably to new highs. If we do exceed 4300 sometime in the next week or two (around Labor Day), how high can your projections go? If 3636 is the bottom, and we break out at the 4200/4300 area (600 points), can we go another 600 points? That would bring us to new highs (4800/5000 area). Is it possible we do that in September? I'm leaning toward your November date as being a high (over 5000), with a crash beginning in early November. Let me know what you think. Thanks!!
vincent.chan2007
DJI does not seem to be able to hit the current lower continuum of 100/110 weekly which currently stands at 26400-ish - No other projections have a target that can reach this level and this make the confirmation of 100/110 projection not possible at this stage. Does that mean the drop all the way to below 20000 still immature? Surprisingly, NDX and SPX do not have such problem in 100/110.
play_arrow
Comments (4)
You cannot post comments.
Sign up for the Video or Bundle membership now and get access to exclusive content!
Login for Members
Thanks Peter for looking into the natural gas. Hope all are well with you and enjoy the week ahead!
Hi Peter, When does the WEB AP update? Saturday morning and it still does not include Friday data? That makes it pretty useless... Also, it should include a long term bond fund TLT as a possible hedge play.
Peter, Can review the most important trend channel from 2009 again? When I look at it, it looks like we went above it and hit 4325 on the SPX at the major resistance line from the 4818 high, then dropped back to that line at Friday's close at 4058. I believe this could be major support! Do you have 4058 as the support line or a different figure? It looks like we could be bouncing between those 2 lines until it breaks out one way or the other. I believe the 2009 trend channel is stronger, so I think we will ultimately break above the 4300 area and off to the races, probably to new highs. If we do exceed 4300 sometime in the next week or two (around Labor Day), how high can your projections go? If 3636 is the bottom, and we break out at the 4200/4300 area (600 points), can we go another 600 points? That would bring us to new highs (4800/5000 area). Is it possible we do that in September? I'm leaning toward your November date as being a high (over 5000), with a crash beginning in early November. Let me know what you think. Thanks!!
DJI does not seem to be able to hit the current lower continuum of 100/110 weekly which currently stands at 26400-ish - No other projections have a target that can reach this level and this make the confirmation of 100/110 projection not possible at this stage. Does that mean the drop all the way to below 20000 still immature? Surprisingly, NDX and SPX do not have such problem in 100/110.
Last updated
1-4 of 4