Bears are in oblivionThis chart shows that bears have literally been obliterated off the face of this market over the past 5 years. I'm talking about bears who actually take action, not the ones just sitting on the sidelines, blabbing. Even the 2022 bear leg barely pushed up the p/c ratio. Compare to market behaviour prior to 2020, even the entire average line was much higher. (Real sell-offs are marked by the unhappy face).
What does this mean? Well, I once thought bears were the truth speakers, the ones to speak of distortions from reality and prepare others for periods of "reconnection". Does it matter though if the distortion remains as reality?
I also read once that bears form the market bottom during significant downside events. Does this matter if the market never falls?
I suppose, we shall see.
PC trade ideas
PUTCALL BELL RINGING BUY SIGNAL I am 90 % long callsData back to 1902 All CRASHES have been 8 to 12td days long today is day 9 I have moved to a 90 % long today and will move to 100 at 5718 mit and 110 % at 5644 plus or minus 11 We are ending wave 4 and will see a 610 pt rally in the sp 500 to a final BLOWOFF TOP from the march 10 to 13th Low it maybe early .So time to move 90 % long see the double red arrow signal . best of trades WAVETIMER
PUT CALL 4 HR BUY SIGNAL IS BEEN GIVEN I AM LONG CALLS 60% The chart is my put /call model and based on My rules in the 4 hr model I saw an end of th decline to mark wave C down in wave 4 .We are now started final wave 5 in the cycle I am looking for a new and FINAL HIGH for the BULL MARKET TO END from Oct 13 2022 low and MARCH 23 th 2020 super cycle wave 4 low Best of trades I am now 60% long CALLS WAVETIMER
PUT CALL BUY SIGNAL is been given The chart posted is the 5 ,10 and 20 day p/c model The green flag is up this should lead to the final rally of 2023 to peak on or about sept 10 th target is 4666 ideal but from 4631 to 4731 will be there I will exit ALL LONGS THIS IS THE LAST WAVE UP . I then see the break down which should be rather steep and prolonged in a very deep recession as the deflationary cycle is and will be clear based on my work in money velocity . The consumer will be contracting and spending habits will drop very fast due to the paying back of student debt and housing deflation in the rent markets .
PUT/CALL NEW LOW NO ONE IS SHORT MAJOR TOP IN STOCK INDEXESThe chart posted has hit a new low on the 20 moving avg put/call .To top it off The one day closed at the low for the year at .58 More traders are betting on Santa then in the last 2 years !!! I have taken a 95 % long in the money puts .The first quarter of 2025 We could see something Very Big to the downside well over 600 to 1300 SP 500 points Cycles point to march 10th to the 20th for the first leg down . And looking at Europe markets as well and The top I called in the nifty 50 looks like it is also ready to roll over once again . .The gold ratio cycles aka the 6 spiral due on 11/29 to 12/5 came The DJI and DJT and XLU as well as the NYA all topped that window and has fallen everyday since . BEST of TRADES WAVETIMER
ALL PUT/CALL MODELS are in SELL SIGNAL notice the TRENDLINE The chart posted in one of 3 put/call model I use for a signal ALL three gave an OUTRIGHT SELL Notice the trendline 7/23 - 7/24 - 12/24 I am back to a 95 % long in the money puts 2026 jan and june in QQQ SPY we are topping in wave 3 of five now
PUT/CALL BUY SIGNAL 2nd one Record high coming The put/call model see RED arrows Has given a second buy signal . As I have said for sometime to review 2007 july to oct charts . I look for a labored final leg up in wave C in the diagonal wave C up can be as short as .618 328 pts =5731 and on avg travel .786 418 pts =5810 of the last up leg . best of trades WAVETIMER
PUT CALL BUY SIGNAL MAJOR SP 5760/5880 The chart posted is my 20 day put/call . We have now reach a .50 % of the drop in QQQ and we have broke above .618 and 50 % of the drop in the sp 500 cash . We are alos forming clean 5 waves up patterns based on this chart in the put /call alone I must view the correction as OVER I had saw a chance to drop into 8/12 but the structure has turned up . Once we break above todays high n on a closing basis I will look for the min of a .786 to re think . Wavetimer
20 day PUT/CALL SELL is now been given I am now moved to a net short the spy at 95% long in the money 510 puts for dec 2024 .I am holding out to move to a 100 to a 115 % short if we can have two thing occur .1st the sp prints 5055 and the vix on the 9 day prints 11.30 or lower.I have been waiting for the 5071 target and the dji of 38950to 39450 focus 39100 .But I saw some math as to why we stopped at 5048 . The nyse as just seen a record high today on a print basis and as we are very close the ENEMY of Good is PERFECTION
BEAR TRAP ENDED BULL PHASE TO SEPT 10 /oct10 focus 9/21 topThe chart posted has given what state is a very clear ALL GO for the LAST BULL MARKET LEG. This last leg will end into mid sept . I will post more but a min is 4666/4731 . This will mark the END of The bull rally from oct 2022 and we will then see a very neg cycle One in which you all do not want to in the market for . Use this leg to Sell all long term holdings into WAVE B
