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
fast3777
Bearish engulfing weekly candles in World markets tied to bearish harmonic patterns. This is uncommon by any measure. I'm looking for a market break. If the Dow goes lower by 600 points or better in one session we will be off to the races.
Martijn
My TLT projections are different. For the offsets 200/220 week (high/low, linear, 0% margin, nick: 0), I have a projection from 55.32-67.44.
Martijn
I made a mistake. I should use the logarithmic projections: 67.84-84,97. Peter is using the 10% margin. I don't know why.
fast3777
Interesting in the Dow we now have a compact H&S pattern made in the last couple days. This is the very same formation many stocks made at the 1929 top right before the collapse. A high right shoulder and the last gasp of the bulls. A dead cat bounce. All within a very bearish mania share buyback driven Broadening top. History does repeat,as the Fed pulled the same QE madness leading up to the 1929 stock market top and crash.
Last updated
fast3777
The JNK has a confirming H&S forming also. Bad news for UST's and the banking system.
fast3777
Should be epic to the downside. Exhausted
daniel039209
oh well. lots of downside projections. nothing but upside for many many stocks. maybe tomorrow
play_arrow
Comments (7)
You cannot post comments.
Sign up for the Video or Bundle membership now and get access to exclusive content!
Login for Members
Bearish engulfing weekly candles in World markets tied to bearish harmonic patterns. This is uncommon by any measure. I'm looking for a market break. If the Dow goes lower by 600 points or better in one session we will be off to the races.
My TLT projections are different. For the offsets 200/220 week (high/low, linear, 0% margin, nick: 0), I have a projection from 55.32-67.44.
I made a mistake. I should use the logarithmic projections: 67.84-84,97. Peter is using the 10% margin. I don't know why.
Interesting in the Dow we now have a compact H&S pattern made in the last couple days. This is the very same formation many stocks made at the 1929 top right before the collapse. A high right shoulder and the last gasp of the bulls. A dead cat bounce. All within a very bearish mania share buyback driven Broadening top. History does repeat,as the Fed pulled the same QE madness leading up to the 1929 stock market top and crash.
Last updated
The JNK has a confirming H&S forming also. Bad news for UST's and the banking system.
Should be epic to the downside. Exhausted
oh well. lots of downside projections. nothing but upside for many many stocks. maybe tomorrow
1-7 of 7