FibonacciDiPisa

FibonacciDiPisa

down to 3682ish range, and then a blast off to prices untouched in the outer reaches of space...

FibonacciDiPisa Updated 

Well the money printing presses are at it again. More money than has ever been created, more stimulus ever issued in history, we are on our way to the moon it seems...maybe a tiny pullback end of day, but thinking a target of 3725 (as crazy as that sounds).

FibonacciDiPisa Updated 

Showing a loss on earnings, this seems like a nice pump and dump situation to me and a good short setup.

FibonacciDiPisa Updated 

Anyone else having trouble connecting to their Interactive Brokers?! I love how they go down on what could be one of the more busy trading days...absolutely unacceptable!

FibonacciDiPisa

To me, it looks like these pushes down are simply two very large ABC formation corrective Elliot Waves. This is obviously required to get the RSI's down and shape up for a proper bull run again. News is not good with China, but I still see another push up once volume gets even lower and the floating begins. Is this a sign of pushes down to come, yes, is this "the...

FibonacciDiPisa Updated 

Seems like ES is head faking up; expect to go down to 3690ish or some lower and then resume the moon trajectory floating with low volume. Only time will tell.

FibonacciDiPisa

Seeing how it is December and we need some type of correction down to get ready for the Santa rally, VIX is prepped for a proper spike again. It has seemingly bottomed out and was showing signs of upward thrust on Friday. Do I think we are headed for a major crash? No, not yet, and maybe not at all, but do I think we will see a spike in VIX? Yes, I do. Perhaps...

FibonacciDiPisa Updated 

Have you ever seen such big Dojis in your life!? 20 pt swings, that sounds like someone or something is stepping in to "save the day." And by "save the day," I mean ruin the next 10 years of our lives.

FibonacciDiPisa

Soybean oil is taking a dive...potential future for the other markets?

FibonacciDiPisa

2000 a possibility for gold? Potentially...

FibonacciDiPisa

Instead of having any need for a circuit breaker to stop the market from completely tanking so quickly, it seems the alternative faster method is to simply buy up all the dumping at once using a bot...fascinating. Had this not kicking in, I would bet the other algo bots would have freaked out and dumped in another flash crash like in 2010. Our tax dollars at work...

FibonacciDiPisa

Since it is Friday, we might see one final push down of VIX, but since it has seemingly bottomed out and there needs to be an excuse to print more money, I see another spike up either end of day today or Monday.

FibonacciDiPisa

It would appear as though VIX has bottomed out and is turning a corner. On my Hurst cycles (not shown here), I have seen a bottoming out around this point, specifically tomorrow at about 3-5pm. We are having higher lows as well. My first target point is shown using the FIB fan. My guess is that we have some up tomorrow that pushes it down one last time, and then...

FibonacciDiPisa

Looking for a target of 3642 before middle of month, probably up from that through Christmas. We might not get that low with all the support happening, but we got some sweet massive Dojis today on several of the charts/bars today. In addition to that we have had 6/7 of the past days be hanging men. The 7th's was a Doji and downtrend before that. Market...

FibonacciDiPisa

3666; will this be the pivot or do we go lower? News is bad, we will see...

FibonacciDiPisa Updated 

Seems to be a pattern of pumping just enough so that the dump keeps us still heading upward. I would imagine this corrective EW "C" and then bounce once more into oblivion. The "force" seems to be stopping any kind of crash that might ensue, so not going to hold out hope for too much down here. Just enough to get RSI daily down so it doesn't get even more out of...

FibonacciDiPisa

COVID cases soaring, hospitals running out of space...but we pump up nonetheless. Anticipating a correction and then sky rocket to outer space once again.

FibonacciDiPisa

Seems like VIX might be forming some type of base getting ready to pop into the atmosphere again. My best guess is that it approaches 30 some time between now and mid December. I think it would be likely the powers that be would step in before it gets much higher than that.