A 2008 style VIX superspike is currently building into this market, It has not finished it's double top.
This is the same VIX analysis except the spike to the left is described in it's normal Double-Top with a 1,2,3 decay harmonic.
50/80 Double top can be realistically expected shortly ..
With it 1500 point drop in the DJIA could easily be expected.. And...
The Secret is in the VIX ... VIX is behaving very differently than it's normal patterns .. It's indicating a VERY LARGE SELLOFF by the end of next week..
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This is going to turtle futures point to large futures drop..
Before Trump was president he said it himself stocks are in a bubble also mentioning in the conversation it was because the FED propped all things up. Then trump came with the tax-deal, which exploded the value. Now rent is increasing and the stocks sell of hard, after a double top pattern,
Now the market will recover to a last time high price to from there on...
If SPX crashes to 100-Year-Bottom channel, it would probably rebound to the current channel.
Bullish case would be to rise up to the 10-year trend line.
Mild bear of another 15% drop would still result in SPX in current channel.
Price manipulation at its finest. I've been watching the level 2 and 3 orderflow last week for a good portion of time to see if real fiat is coming in, but nope. Price being propped up by exchanges:
- On tether exchanges with tether, you could already see it coming when the big packages arrived;
- On fiat exchanges when they move sellwalls each second without a...
The huge rally on Wednesday was eye-catching by any measure, with shorts taking profits after President Trump and his administration trying to placate market panic. Although the U.S. government has been shut down for a while, I guess it won't be a decisive factor in determining the market move. Robust retail sales probably will support the market rally. In the...
Which means this is IMHO nowhere near done collapsing or reached it's bottom, in fact we are looking at possibly a 1500+ point DOW crash around the corner..
Markets never normally do this, it's unheard of. It is the biggest suckers rally.. If they don't hammer this VIX down hard in the next few trading sessions this thing is going to turtle!
Nasdaq showed a crazy 5% drop before Christmas and an insane recovery soon after. I have mixed feelings about this. A lot of mixed signals are coming from this market and it is really hard to determine what the next move will be. Eventually we are in a big correction wave on the long term trend that could easily turn into a new bear market wave after breaking some...
I have a lot of thoughts to express, so I apologize if this is rather long. Since my first DJI analysis and short setup, we have dropped a good 14%. There was a chance that we could rally higher, sort of like we did before the Great Depression, but we've broken the bullish structure. Until we see any movement above the 26000 area, we can assume we will be in a...
Possible repetition of 1987 flash crash -» exact same pattern.
It's even possible we don't have Wave 4, the panic can be so great causing the market going straight through towards the blue buying area.
We'll attempt to go short at $2300 only risking 1%
Things aint looking very good for LTC.
Currently cant even touch the bottom of the downward channel we are in without crossing into a negative price range.
Probably best to stay away from this Crypto currency until we have the a real confirmation of uptrend, if any that is.
People have been speculating about the Bakkt ETF , institutional involvement etc.
Now there is a panic because it may be delayed. It may never happen , because WE have to prove the value and stability of crypto before anyone will touch it.
Seriously.
It's 3 days rallys and 30 day crashes that scare people off.
Pump and dump i not a sustainable business model.
Im...
