will post in more detail later today But I have just added to net long 15 % more
IT IS SIMPLE MARKET TOPS ON GOOD NEWS AND BOTTOMS ON BAD FYI IN APRIL I WAS VERY CLEAR TOP 4/26 TO MAY 10 FOCUS MAY 2 AND TARGET 2953 TO 3011 PEAK MAY 1 2954 .I ALSO WAS VERY CLEAR WE WOULD DROP TO A .382 PULL BACK WE ARE NOW HERE I AM NET LONG 150 % AND NOW LONG CALLS AT 35 % AS WELL TOP IS GOING TO BE AT OR ABOVE 3011 AND WE ARE IN POINT 22 IN MY 1987 MODEL
I HAVE MAINTAINED that we are in a wave 2 decline of the blowoff
THE BEAR MARKET RALLY IN BITCOIN IS ABOUT TO END BASED ON MY MODEL INTO 8500 TO 8611 TIME TO SELL OUT AND MOVE TO CASH AND THE CORRECTION SHOULD BE A ABOUT 3 TO 6 WEEK
The chart below posted is my view and it is very BULLISH
THE BULL MARKET HAS TWO MORE UP LEGS AS IN 1998 AND 1966 FRACTALS
WE ARE NOW ENDING WAVE A OF 2 OR WAVE 2 WAVE 3 TO THE UPSIDE IS JUST AHEAD DO NOT BE SHORT AS MY 4 SPIRALS TOP PHASE APR 26 TO MAY 12 FOCUS MAY 2 AND THE PANIC CYCLES HAVE NOW REACHED THE CYCLE LOW UPSIDE FOR WAVE B WOULD BE 3010 ABOVE 3010 WOULD TARGET 3081 TO 3155 I AM 120% NET LONG
I am moving back to a 50 % net for the second time within 24 hrs i had a great gain on 5/6 from pre market and I am moving back to a net long at 50 % next upside 195 plus or minus 1
we have a double zig zag down and wave 4 was .618 of wave 2 therefore wave 5 should see 194.5 to 200 within the next 72 hours or less and be within the timing of my spirals peak due
wave structure and cycles are now setup for a I.T. LOW
COPPER IS TELLING US THE FED WILL BE FORCED INTO A CUT MMMMM LATE JUNE OF MID JULY
It appears that the bull in time day 87 near my may april 26 to may 12 focus may top has reached the projection 2953 to 3015 focus 2975 based on the chart posted here Risk is higher now . that 2973 jan peak but here is the math for fib students jan 2018 2873 peak from jan low 2016 traveled 1063 sp points 2873 -1810 low the distance...
vix and p/c as well as wave structure points to a higher high
The rally from 2009 low to the last peak was 1.618 the net distance traveled with wave 1 to 3 for the 5th wave the Orthodox TOP and odds are high that we are in a wave B rally we could see targets from 1646 to 1756 and even 1830 BB bands on a monthly scale have now been taken out as we did in the final wave up into 2000 peak .We will know the...
NEG RSI FORMING THIS TOP MAYBE BIGGER THAT 2000
It LOOKS LIKE THE CORRECTION IN GOLD IS AT THE END OR WILL BE AT 1260 AREA PLUS OR MINUS 2 .I am now moved to a net long gold and gdx nugt today