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coding101
Hi Peter, Can you cover the Dollar or EURUSD more often?
Peter Eliades
Moderator
The SPX trendline on Monday, July 3, will be at 4457.23
fast3777
Looking at several stocks that have been buyback leaders such as MA mastercard and AZO Autozone. Both have large topping formations. MA on the one minute looks to have done a impulse off the top. AZO is at the bottom TL and could have failed in it's W2 advance. The main thing is the SPX for 2 full hours failed to vault above Peter's TL and that failure smelled of one thing exhaustion.
fast3777
One other thing. MA is in a large ending triangle that looks incomplete. We could get a decline lasting 3 or 4 days then another fast rally up that tries to reach the line again then the collapse will start around July 12. We shall see.
eechentra2018
I have a hard time ignoring how the Fed(s) manipulate the market(s). Feb20 was a global shutdown, which was manufactured. I don't see how manufactured market events can be relied on or used for cycle projections.
fast3777
Now I think there is a 90 pct chance that the Nikkei futures could double top to set the stage for the Supercycle C wave down. Everything is aligning. Japan has reached 33,785 so far and the top is 34,030. Of course could fail at any time. Looking for Bitcoin to turn down also.
Last updated
fast3777
Happy and safe 4th of July to all and especially Peter. God bless our United States.
jwkim33366
I'm sure this trendline is important but just want to point out that we are above all the weekly offsets on NQ and NDX (all of them). I'm not sure if being bearish in that scenario is really reliable.
ericoh792283
Fast is acting like a patriot wishing Peter happy 4th of July, while wishing for a crash in America! Lol. What an idiot who will continue to lose his $$$
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Hi Peter, Can you cover the Dollar or EURUSD more often?
The SPX trendline on Monday, July 3, will be at 4457.23
Looking at several stocks that have been buyback leaders such as MA mastercard and AZO Autozone. Both have large topping formations. MA on the one minute looks to have done a impulse off the top. AZO is at the bottom TL and could have failed in it's W2 advance. The main thing is the SPX for 2 full hours failed to vault above Peter's TL and that failure smelled of one thing exhaustion.
One other thing. MA is in a large ending triangle that looks incomplete. We could get a decline lasting 3 or 4 days then another fast rally up that tries to reach the line again then the collapse will start around July 12. We shall see.
I have a hard time ignoring how the Fed(s) manipulate the market(s). Feb20 was a global shutdown, which was manufactured. I don't see how manufactured market events can be relied on or used for cycle projections.
Now I think there is a 90 pct chance that the Nikkei futures could double top to set the stage for the Supercycle C wave down. Everything is aligning. Japan has reached 33,785 so far and the top is 34,030. Of course could fail at any time. Looking for Bitcoin to turn down also.
Last updated
Happy and safe 4th of July to all and especially Peter. God bless our United States.
I'm sure this trendline is important but just want to point out that we are above all the weekly offsets on NQ and NDX (all of them). I'm not sure if being bearish in that scenario is really reliable.
Fast is acting like a patriot wishing Peter happy 4th of July, while wishing for a crash in America! Lol. What an idiot who will continue to lose his $$$
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