Fractal777

Fractal777

Risk is growing each week in stocks, months of hope that rates will be cut are nothing more than a mirage. This constant sideways action will resolve itself very soon, only a handful of stocks are supporting markets from collapse. We have spoken many times of some event that spooks the markets, we also warn that whatever eventuates, this will be a cover or blame...

Fractal777 Updated 

Markets have topped out after months of belief that the Fed would drop rates. The Fed will NOT drop rates until the economy is in recession and the markets collapsing...that is how they function. An initial selloff into mid April has been met with a weak bounce so far, this is your prime moment to load your shorts and prepare now for the mother of all bear...

Fractal777 Updated 

Wave three down continued last week without pause. The Dow down, especially heavy on Friday, expect at least some follow through...perhaps a bounce for a few days to relieve the selling pressure. There is no doubt what situation we are in regards the waves down, it's just a question of when the capitulation phase hits, we wait for the "MSM" to announce it...

Fractal777 Updated 

Another week, another nail in the coffin. Confirmation of wave three down, 1st August is dust, wave two up is dust...now comes the reaper. The designed collapse is well and truly upon us, the next phase is painful for many, wipe outs are approaching. You can still absorb this coming mess by mitigating risk, reducing debt and hedging your bets. Short the markets...

Fractal777 Updated 

For many months, the world markets have risen and stayed afloat on sheer hope. This veneer of deception is unravelling in front of our screens, this market is walking on eggshells, instead of crunch, it will be a crash. We are in the throes of a wave three down at higher degree, the weak rally the past week has worked off the oversold condition, it's either over...

Fractal777 Updated 

Another week passes, still the rally is intact, Friday's action witnessed heavy selling and a complete reversal of Thursday's fake out move. For many months now, we have had a rally built on rate cuts coming, the fly in the ointment is a stronger economy and inflation woes not subsiding. Oil prices feed through to the economy, the economy itself is not strong,...

Fractal777

Another down week for markets, the trend line broken through and Friday's action has the look of a kiss back touch. There is little enthusiasm to buy stocks, the Fed has made it very clear that rates have further to rise before they are done. The market collapse which is being engineered, will ultimately result in deflationary pressures, the Fed's goal of 2%...

Fractal777 Updated 

A down week for markets and the Dow finishing with a green doji, slight positive bias. Expect some form of bounce tomorrow into mid week, we either bounce from here or slice through the red trend line. Chinese real estate woes are a harbinger of global contagion about to implode. Rate hikes are feeding through the system, loan defaults are surging, the Fed will...

Fractal777 Updated 

It's been a few weeks since our last idea, busy schedules and letting the market play out. Our short side, albeit small, has endured weeks of blow off or throwover price action. No matter what you believe, a collapse is planned and will eventuate to look believable. The Dow had a weak week, spiking early on Friday and fading into the red. Early signs of a major...

Fractal777 Updated 

Our idea last week called for an imminent top, despite all the bullish mantra that typically abounds, talk of breakouts, new highs, bulls in control....poof! This is how bear markets work, sucking in the hope that the worst is over and then it strangely turns down. Our idea on the 4th of June called specifically for a small throw over move later into June above...

Fractal777

Another week, another Fed goosing passes...the fictitious inflation number continues. Their intentions are more rate rises, they are far from done. A goal they state of 2% can only come about by far higher rates or a collapse. Dow 34500 has been hit, despite the Fed's foot off the pedal, the market could not follow through Thursday's rally and ended with a...

Fractal777 Updated 

Our idea last week turned neutral in sentiment, the first time in many months. The upward sloping trend line found support, a big move in mainly short covering commenced with the phoney payroll number. Stock still sit where we were in November, a giant sideways move that gyrates the bulls and bears into losses. Our small short stance is key to money management and...

Fractal777

Friday's rally has changed the dynamics somewhat in the near term, there is a good possibility of a rising trend towards the upper trend line. Our stance is long term bearish until proved otherwise, expect a rally of sorts into June at best. Technicals are dynamic and morph, this long term bearish stance is valid, this tug of war will see the bear win out. We...

Fractal777 Updated 

A weak rally for the week in markets, the Dow giving some back on Friday. We expect another probable rally this week at 33900ish max or any close below 32900 will usher in the next wave three selling phase. It seems forever this bear market, bulls believe the worst is over, yet bears just can't pull this market down. It will sort itself proper when it's good and...

Fractal777

Another week, the crawling market sliding slowly south as investors digest every piece of data. Swings of hundreds of points daily, bulls praying for weak data and bears wishing for strong numbers..oh what an upside down world. This tussle is firmly with the bear side, long term sell signals in 2022 are still valid, we stated the Fed will not cease rates rises...

Fractal777

An interesting week ended with a solid rally, short covering fuelling a bailout the failing banks surge. It's the wizard of oz Fed who with their track record of maleficence, continue to backstop the system with ever increasing actions. Of course the masses ignore the impending chaos approaching, preferring their faith in an entity of deception over the creator of...

Fractal777 Updated 

Another week, another step much closer to the end game. The markets rallying on negative data, hope that Powell will reverse this week. In reality, all we will get is a few minced words and a mouth full of marbles. The late week rally was most of our wave e and very final wave conclusion, we expect another couple of hundred points in the Dow and some volatility...

Fractal777 Updated 

A meandering week for markets, although down, there seemed little conviction on either side., Almost a no man's land of indecision, waiting for the next meaningful data to pinpoint which direction. Our bet is a resumption of the bear market, bulls are betting on the Fed. Probability is our analysis, we get it wrong sometimes but rarely the big long term...