In this screencast I review a number of indices: the ACWI, US30, NASDAQ100, India50, Japan225 and SPUBYUP.
The picture is pretty grim. Some say that the world is heading into a deep recession that's likely to be worse than 2008. Some of course say 'no chance'.
The India50 and the Brazil60 are the two main indices, yet to take a nose dive.
The India50 is...
Using the Andrews Fork tool, we note that the SP500 is in a very dangerous region, from where it tends to fall to fetch the center line of the fork (red). If this happens, we will also lose the bottom line of the schiff's fork, another bass signal.
And in addition, we reached the 261% Fibonacci level well in Elliot's 5 impulse wave (according to my count), from...
Hope this idea will inspire some of you !
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Phil
You can see where the support (blue trend line) broke down while a new down trending line of support (red line) was created.
Previous support line now acts as resistance. Failure to break back above the 2009 trend confirms the longest bull market in history has come to a close. Enter the bears.
I also see the left shoulder and head of a possible H&S formation....
Hope this idea will inspire some of you !
Don't forget to hit the like/follow button if you feel like this post deserves it ;)
That's the best way to support me and help pushing this content to other users.
Kindly,
Phil
Just cycles. But yes, this time is different. But maybe not that much (?)
So, 2400 USD? This will be THE LAST CHANCE.
After that 37k, 47k, 65k, 82k and 93k.
Just cycles.
Just ideas.
AMEX:SPY is a STRONG SELL.
AMEX:SPY has completed a 5 Wave Cycle and is in the midst of an irregular correction. Irregular Corrections have a phenomenon which Elliot called, "Double Retrace".
Irregular Correction most often manifest after a 5 Wave Cycle with an Extended 5th Wave.
This is an update to my original idea on July 27th, 2018: SPY-SELL-BUY...
BTC is currently below last years support and is acting like a strong resistance now. We must close above it on the weekly or we will most likely hit sub 3k.
Hello all, it's been a while without updates because nothing interesting has happened with the Bitcoin market lately. Been holding my short for four days now from 3408.
We are currently at 5 of 13 from this TD countdown setup. Lets get my 2800 target rolling soon and 1.2k for full despair.
Open interest is very low on Bitmex with short positions dominating...
Hi,
take it with a grain of salt, take it dead serious or whatever you want.
Logarithmic Chart. Although it will be terrible,... this will be not doomsday.
The historical trend of the stock market is in good order. This will be always the case until the end of the world. (the real end)
What i did not comment:
I think XRP will solve the coming liquidity crisis,...
Only time will tell, but I'm expecting 0,3 /0,5 / 0,6 Fib retracements with shallow FIB 0,3 Counter rallys.
Scenario could be that SP500 will hit FIB 0,3 in Q1-2019 (Target 1) then turn around with a shallow (Fib 0,3) summer counter rally to A and ... on and on until we hit target 3 at Fib 0,6 in 2020-21.
This is of course a highly sterilized scenario and will...
From Futures regarding global index's on Monday Morning at 1:59am have been deep in the red. volatility is at records high since the Great Recession. When Mondays floor of 2600 falls out under us, we'll shy with with 2550 and the world recession will be looming on mass media following a 11.5% drop to next support line at 2300.
![SPX: So how will "The bear" play out ? [SPX]](https://s3.tradingview.com/6/6Bybe47r_mid.png "So how will \"The bear\" play out ? [SPX]")
