Following the current pattern, which seems to be very controlled, I take the cube root of each previous range and reduce the next range by that result. If this holds true, which seems plausible, and factoring in 24 bars between each range, which also seems to be the historic pattern, it appears as though March 18th could be a date of termination of said...
Connecting some trend lines progressively, a potential mapping of retraction is laid out for the S&P 500. Being forced to have SOME consequences for the actions taken last year, but also recognizing a full-on crash is being avoided at all costs, even manipulation, we can see a slow painful path to the 3500s being laid down before us. Obviously subject to...
Apparently standard deviation means nothing to the markets right now. Even 99.5% probability has .5% of possibility in it. We are well out of the range of normal, whatever that means, as I attempt to illustrate in this linear regression model. Perhaps we have another month before the disaster, but based on the significantly larger increase in price than the...
Expecting to have a closing bar at the trend line still, although things are not turning bull...for now. If not today, this week I would anticipate kissing or blasting through that trend line bottom.
"Please stick to the rivers and the lakes that you're used to." I am expecting some type of water fall action crossing that trend line at about 3650ish on or around February 2nd-4th. This could change based on what happens in the next few days, but I think we will hit our last bump up with earnings and then head down accordingly. Just my interpretation, don't...
Looks like we may we right as the cusp of the max amount of days ES can stay above the linear regression line. Not sure if it is today, but possibly the 28th or early February for a pullback. Earnings will obviously influence that this week...either way, it will be a wild ride.
Put to call ratio has breached the 1.5 standard deviation on the daily chart for SPY. Historically, this can be one of many indicators that a dumping is imminent. If you look back on the chart, you can see what generally follows this type of P/C ratio low point. It makes perfect sense logically; as soon as everyone is confident the bulls are in charge, this time...
Just a revisiting of some upcoming astrological events that could play out to be of significance in the movement of the market. Last night, the Moon, Uranus, and Mars were right next to each other, a breath-taking sight to see. Already has gone by, but if you are interested in reading, here is some info: earthsky.org Have a great weekend ahead.
Current best guess as to how this plays out, pretty self-explanatory. Just the first of many corrections. Thoughts welcome, cheers.
Showing potential for shorting once you are in the short zone. No promises, but this zone seems a likely candidate based on current market conditions and trend lines. Predictions for upcoming days are as follows: 1-22-21 31050 1-25-21 31025 1-26-21 30982 1-27-21 30953 1-28-21 30941
I drew the very long-term top trend line and the bottom trend line from the crash to the first point of correction, and wouldn’t you know it, they converge exactly on 1-28-21. I then forced my retrace method to figure out what price we would have to hit for the convergence of those lines to line up with the .382 retrace to about 29220. According to this we...
I am not a poster of virtual currency as I haven't looked much at it since I was in at $60 a lifetime ago and out at $1200 (I know it sucks). I believed in it then as I do now, but never imagined we would be where are. I thought the government was going to shut it down long ago, but they didn't and boy did it stage a coup on the dollar. Anyways, I am starting to...
I have adjusted the trend lines and dates accordingly. I have also shown the retrace we could see today; seeing as how we are seeing signs of bearish activity, we could retrace as far as the .236 (3708) or even the .382 (3623) FIB if we are feeling frisky, but we may also bounce off the trend line and head back up. Because of this uncertainty, I would still be...
I plotted some time ranges on the weekly chart based on my diminishing number sequence. The question is, what happens after the final "1?" My sequence would say "0," but what does that mean for the market? Perhaps a reset of sorts? If anyone has any thoughts, I am all ears... -FIB
For your consideration on the DOW, some FIB retrace thoughts as well as a potential point of interest around February 10th where trend lines, for now, converge. What goes up, must eventually come down...
Using my mathematical sequence applied to time of bull runs on a monthly charting (aside from other clear indicators), I am predicting an end of the bull run very shortly. See chart for detail, cheers. -FIB
I think pretty self=explanatory, but essentially signifying we are very much due for a proper dumping based on the cyclical nature of humanity and the clear pattern that forms before a massive drop. The cause is the squeezing of shorts and the attempt of big money to hit stop losses of the shorters. I used the weekly charts because, of course, as you go farther...
Every action has an equal and opposite reaction. Yesterday was way too much thrust to be real, and perhaps is signaling our first downward hit. Be aware of the FIB bounce, and it may happen one more time, but after that, the day of reckoning is rapidly approaching based on simple trend lines. It is only a matter of time now...not months any more, but weeks or even...