UH MY !!! GRAND SUPER CYCLE CLOSE UNLEASHES VERY LONG TERM BEAR.Let He who Hath Wisdom hear, let He who Hath Insight see...
"An ill wind bloweth this way" :
UH OH...
Longs - Im sorry but read the Chart and Weep, then liquidate ASAP, take losses on the chin and live to fight another Day. Now the COVID19 paradigm is in effect how to value a business..? The old rules no longer apply.
Shorts - get positioned and bet BIG! You are in for an ORGY of selling you are unlikely to see again in your Lifetime ! My guess is; short dated Puts with a tight STRIKE price are the best way to leverage this MAJOR SHORT opportunity in the BIG BOARD/entire Index - ALL Caps.
If you only deal in equities Diversification will not save you. Instead seek out carefully researched Stocks which are positively correlated to the COVID-19 catastrophe. Ie. Hand Sanitiser Producers, Medicine Producers, speculative Vaccine/Cure Biotechs, Therapeutics, Medical Equipment Suppliers, Morgues, Funeral Directors etc. basically any and all COVID19 driven Demand.
Also, safe havens ARE A MUST - for this MAJOR shock I recommend some physical Gold, as much as you are comfortable with, paper may wind up being worthless. Also some carefully researched and selected spec Gold producers with good prospects to leverage a booming Gold Price for best Alpha capture. Futures Traders should buy everything in sight XAU and SHORT everything XAO Contract they can get their hands on. This is going to the Moon OR Hell where there will be Lambo's for all! (lol, sorry-crappy crypto joke.)
Things could get very HAIRY out there in the REAL WORLD as this pandemic accelerates and turns into a full blown CATASTROPHE. Unfortunately the probability of this occurring is increasing at an alarming rate as each day passes.
And now Chart confirmation of the end of the Super Cycle that began in December 1979. The Chart extends from the earliest data Trading View provides to today.. The grisly DEATH of an entire 40+ year Super Cycle is unfolding right before our very eyes! This is my first to witness as I was only 8 years old when this 40+ year Impulse Rally kicked off.
As can be seen - the unmistakable 5 stage Elliot Super Cycle Impulse Wave has run its entire 40 year course with WAVE 1 ending with the Crash of '87 @2382 plummeting to 1180. Wave 3 recovery beginning in March '88 peaking at 6882 on October 7th 2007. Wave 4 bore a punishing 3700 point drop - the fruits of the GFC made of a TOXIC brew of Greed/Debt Crisis/Credit Crunch/Property market/Derivatives clusterfuck/Swap nightmare. You name it the GFC was riddled with financial disease. In this authors not so humble opinion that 'GFC' was deliberately and heinously manufactured to fleece Taxpayers/Retirees/Government by a certain greeeeedy Tribe that infests the sordid World of High Finance and were the prime beneficiaries of that MASSIVE Heist but thats another story..
Wave 5 peaked very recently @ 7289 and now a MAJOR Super Cycle ABC Corrective Wave is underway in earnest.
First stop is the long term, channel support trendline, in place since the GFC recovery in March 2009 @ level 5948.
If that fails which I believe it will, after a brief tussle between stubborn longs and canny, persistent shorts, the shorts will overwhelm in a Blitzkrieg of selling and force a multitude of triggers to fire, cascading downwards stop losses placed below this key support level to fire. This will instigate a PANIC the likes of which has not been seen since the gob smacking days of the 5%-12% 'single day loss clusters' witnessed in Oct 1929 thru March 1930 until finally there was no more blood to squeeze from that diabolical stone that heralded the Great Depression in the REAL Economy. As is usual the Financial Markets are first to bolt when the Music stops and the Party turns sour...
Well the Markets emphatically called TIME on this 40 year Party as of Monday 24th February 2020. Party IS OVER Ladies and Gents. There were some seriously ugly incidents of note along the way when gatecrashers in the form of a very nasty Bear invaded who trashed the Party briefly in 1987, 1998, 2000 and '07-'08. But back to the pressing matter at hand I'm sure we would ALL much rather focus on WHAT(?) the Hell is in front of us and how best to deal with it Just a cursory look at the Chart tells the story.
These are early days and frankly the Chart is forecasting for things to get MUCH WORSE! This is not just going to be CARNAGE it will be a MASSACRE for those caught in the path of this FEROCIOUS Bear.
Anyone advising you to go long on ANY stocks that aren't positively correlated to the New Paradigm are plain MAD & need to see a Lobotomist or are already deep underwater hoping for an exit having bought at or near the peak and not seen the signs.
Longs stuck in the pre COVID-19 World will get the THRASHING of their Financial lives over the next 9 years oddly enough turning around in October 2029 where things may for a time turn positive but I don't expect that will last either.
"Never waste a good crisis" the saying goes... so I'm going HARD and Short, VERY Short. I expect to milk this 9 year Secular Bear Market for ALL shes worth and then the next one and the next one after that.. Its that BAD folks!
That of course ALL depends on whether or not I am one of the unfortunate "40-70%" to contract the Wuhan Bio Monster,possibly escaped Military Bio Weapon . Ultimate target goal XAO - 1789.
Therin I shall cover my Puts sooooooooooo sooooooooooooo DEEP in the Money, flip the proceeds into scaled Calls and off we go again!
1789 was coincidentally,a year students of History will know well as the beginning of the French Revolution with the storming of the Bastille and the eventual execution of King Louis XIV and the MURDER of the entire French Aristocracy via the guillotine at the hands of (((Robespierre))) and his EVIL Jacobin (((Cabal))).
Now I think about it... I strongly suspect 1789 was the beginning of the current larger degree - GRAND SUPER CYCLE which Elliot with the eye of a Seer posits can last Centuries and in my estimation has just ended early this week...
Well... WOW! Just WOW! Upon consultation of Wikipedia it seems I AM bang on and this now points to things being far more DIRE than I earlier thought as above. This is in fact the end of the LARGEST degree Elliot WAVE 5 of an Impulse Wave that began right back in 1789 when Divine Right Monarchy was brutally abolished by the Revolutionaires de Paris.
A GRAND SUPER CYCLE...this changes everything. Just ponder that FACT for a moment and realise its implications..? ie. the last one ended over 230 years ago. That's just...Amazing! >
here's the confirmation of the above self admittedly outlandish claim ... >
en.wikipedia.org
OK, after that doozy...I Expect SEVERE WIDESPREAD REAL WORLD ECONOMIC COLLAPSE over time. Sure some parts of the Economy will still function but I AM now seeing absolute DOOM ahead for a sizable percentage of the Global Economy crippled by frequent and widespread Supply chain embolism.
Everything lines up, everything falls into place and I now have a clarity about this that I have never had before:
The END of A GRAND SUPER CYCLE. A true pivotal Moment in History! & YOU and I are LIVING IT! Unbelievable! The highest degree in Ralph Nelson Elliot's blistering set of codified insights completes its 1st Impulse Wave to enter a corrective stage that none of us have ever lived through before because it began 231 years ago!
Worryingly this may trigger a modern Dark Ages people,.? I hope I AM wrong here. This is actually quite chilling- the implications... Am I being hyperbolic ??? No. This is REAL...Many millions are sure to be purged from this sick Planet and I AM herewith regretfully predicting worse case scenario widespread wholesale dislocation in both a Financial and Real World sense.
Heed this prophecy and get prepared for what is to come. Maybe this is what will finally detonate the Multi Trillion Dollar Derivatives time bomb..? If that implodes,...well... Best start prepping for the Apocalypse - ie. Weapon up, stock up on essentials, secure your house and expect Societal Collapse on an unheralded scale.
SECURE YOUR GOLD and make good with your GOD. This is it Boys...THE BIG ONE.
I AM Long XAU. Long COVID19 Demand products and SHORT almost everything represented by the XAO. All ordinaries Index.
