Well, not that long really, but we are certainly at the horizon now, and things are starting to feel a bit different as the winds slowly change. This is just a comparison of timing as related to the crash last year and similar patterns forming. Will it be "the big one?" Probably not, too soon, but some correction is in order nonetheless. I would imagine it will be...
A mapping for the remainder of the year and 2022. Not looking so hot. We have concentric cypher harmonic patterns on the 5min, 30min, 3hr, and daily, just like we had concentric wave 3's on the way up. Cracks are beginning to show. Happy trading to you all. = FIB
Seeing a lot of trend lines pointing to suspicious places. However, not holding out too hard for that kind of drop based on all the bullishness we have seen. Still looking to bounce of stronger, long-term lines. Remember, though, how hard we came up, and how hard we can run down to points such as those. One bad piece of news or someone deciding it is time can...
Something just clicked; the path now makes sense. = FIB
FED due to talk at 2PM PST, perfect time to dump all the madness and blame it on inflation. From here, we go into next week working our way back up to just above where we top out today. "Coincidentally," this aligns with the RSI trends to the exact moment. Then, after OPEX on Monday the 21st/Tuesday the 22nd, or perhaps on that Friday the 18th, the real first...
Make of it what you will, but something is definitely cooking in the universe, for better or worse. Stay on your toes; a bumpy road is ahead. "The snow moon is the first full moon in the month of February. The Snow Moon happens when the snow is deepest. Because it was also the most difficult time of year for gathering food, it was also known as the Hunger Moon ." = FIB
Some plotting of trend lines and retrace shows one potential path for the next year. Bottom line, flat as a pancake, and with inflation, that means down. It just may not come in the form of a crash this time. Rather, a much longer-term crash with a more hidden decline in value. = FIB
This is an updated bear's guide to our way down (when it happens). Crossing trend lines align with predicted dates and reasonable prices. Best of luck to you along the way, see you on the other side. = FIB
Some ideas on path and pivot points for ES correction. Let me know what you think. = FIB
See chart for detail, but the potential path is becoming more and more clear as time goes on: RSI lines are crossing and staying true, dates are matching up, and our ABC corrective waves are starting to show their ugly face. Hope this can assist you in your decisions, though nothing is guaranteed, of course. = FIB
When the big boys squeeze, they squeeze extra hard. They are making an example out of the whole GameStop fiasco. The squeeze has been going on long before this new media frenzy, and it will go on long after it (barring some type of new regulations). By then, it will be too little too late, unfortunately. Target still February 18th for some serious downturn;...
I am expecting to see a retrace this week. The question becomes do we retrace to the 365 area, do we retrace to the 362 area, or do we continue onward and downward beyond those. Seemingly the most likely scenarios to bounce off one of these (or sooner if we have not touched 400). In the more immediate, I am expecting bounces at or around 379 and 369. These will be...
Perhaps just for now, the insanity is holding at 3900. I definitely this we have more to go, but I can't help but notice how interesting it is that we stopped right on the middle regression line at 3900...at least for now. Envisioning the next week somewhat down to flat, and then we go back on our way to 4000. It will be an interesting week nonetheless, and I...
I wanted to draw out one potential path for this unfolding we are about to witness. It may not be this extremely and there is certainly lots of signs of bullish activity, but in a worst-case scenario, this is certainly a possibility. Again, no guarantees, but just one man's bearish outlook of an "ABC" correctional set of waves. = FIB
Again, self explanatory, what goes up, must come down to reality.
Oh how appropriate it would be that when Robin Hood allows trading again on Gamestop that big money would bash it into oblivion to smash the retail people. On the other hand, it seems the stimulus is moving along, but something tells me that is not necessary all it will take to keep things afloat. This could be what blasts us to 400. Regardless, I still think we...
Pretty self-explanatory using Fib time ratios...terrifying and falls in line with many people's predictions.
Using Elliot Wave, I have estimated the final waves, the timing, and the prices. Don't count on it and don't rely on it to place any short positions; it is just a suggestion. I am a believer of staying out until a drop and picking up the bounces and swings, and there will be plenty of time to do that on the way down. Further, we definitely still have some up to go...