Fractal777

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...

Fractal777

Only a few weeks ago, the banking system began to meltdown, contagion threatened as multiple banks imploded. The amazing Fed splashed their cash in excess of obligations and bailed out depositors. Make no mistake, the banking system was breaking and the Fed acted to halt systemic risks. Panic averted, calm restored and nothing to see here? Along comes the lower...

Fractal777 Updated 

The Dow meandered higher the past week, resistance at the trend line...this we expect will be broken through with a throw over move to conclude the corrective move. Around another 2% is possible to 34100 ish. Gold had another great week and importantly, closed above 2000 U.S. A flight to safety and store of value, a hedge against the coming chaos. Over $3000 in...

Fractal777 Updated 

The past weeks price action was stronger than expected, the bottom arrow pointing to candle tails which are often bullish. Short covering is fuelling the rally, we look to the top trend line for resistance now. Fourteen months of bear market action and we are still in a wave two corrective rally, seems never ending, the Fed has goosed investors with bank...

Fractal777

What will this coming week bring us?..walking on eggshells. Another 25 basis points and another nail in the market coffin, only Houdini can get out of this one. Despite a few calling for a pivot, the Fed has little interest in fuelling a rally. 31500 has found good support so far, bank contagion has been papered over for now, amnesia takes over rational thinking...

Fractal777

Our stance for a long time has been the Fed will deliberately collapse the economy and make it look like not their doing...make it look believable. Yesterday they yet again raised rates in the face of an imploding bank crisis that will for sure create further chaos...crimp demand and inflation is their agenda. They will NOT pause rates until they have systemic...

Fractal777 Updated 

Janet Yellen - The former Fed chairwoman claimed in 2017 that there would be no other financial crisis in her lifetime, here we are in 2023 in the beginnings of a likely collapse. If you believe in the Fed or banks and have faith in these festering pits of rot, brace yourself to be either wiped out or at best, on a very long waiting list of a return of your...