Fractal777

Fractal777

The Dow pattern is almost complete, a tired corrective rally is on it's last few days at best. Bears have been clearly ahead until the past two weeks, the bulls have managed to scare off the weak hands just as the next strong decline is about to commence. 35160 is an important area, it does not have to reach this number...it can truncate now. This Fibonacci...

Fractal777

Bear market rallies serve one good purpose, to shake out the shorts and suck in the bulls. They wish everyone to lose, this rally has climbed over 2500 points in two weeks. Notice how this fake out move touched the trend line and backed off and breaks out today? We are in an ABC wave 2 up and a five wave move corrective rally C....yesterday's pullback was wave 4,...

Fractal777

A rally on Tuesday has spike the Dow up 500 points in our wave 2 up corrective move. Futures are up around 170 points as traders get more optimistic on geopolitical chatter and subsiding oil prices. We may see further rally today as a opportunity to fade the move. The pattern of candles the past few weeks has been gyrating and volatile...chop and lack of buying...

Fractal777

It's been an interesting week since our last report. For those who still believe we are not in the throes of a designed and across the board collapse, take a look at major commodity moves this week and the carnage to the shorts. We sincerely believe that a Roman times style implosion has already commenced and will accelerate in the days and weeks ahead. Our ideas...

Fractal777

Get ready for a powerful move downwards in the Dow, minor wave 3 down has completed 5 waves down and yesterday's rally took us from the lows up around 1000 points, but still closed negative. Futures are up around 1%, as minor wave 2 finishes off. We sell these rallies or continue short, what takes months to rise will be taken out in days. Wave 3's are typically...

Fractal777

Waiting for the next shoe to drop, almost anything can happen these days to turn these markets on a dime. The conflict in Russia is likely to morph into a war of sort, like all wars, they need a trigger or excuse for an entry point. The risk is growing each day for the fragility of these fake markets, propped up by endless interventions. The Fed has every reason...

Fractal777

The clock is ticking towards recognition by the crowd to stampede to the exits. Still believing in their masters who have saved them every time. They just don't grasp the change, nor believe the warnings. Banks are preparing for system down situations, there is only 10% of cash available to depositors at any given time. The exposure in inter bank lending and...

Fractal777

A week of "news" finished with a big green candle of almost 3% rise in the Dow. What took 11 days to bottom, has rallied 50% of that decline in only two days...quite remarkable. Considering that since this new show hit your screens, the market has gone up?...as perverse as it comes. The bears know full well that this is about many aspects, the punch bowl being...

Fractal777 Updated 

We are hurtling fast towards an inflection point of mass recognition. The Dow is clearly tiring as those very last to the party cannot muster the power to push this aged bull any further. Rolling slowly over, 12 years of mantra cannot be displaced quickly, good things take time as the bear wakes up. Perhaps Powell will be honourable and hike rates honestly to...

Fractal777

It's been a while since we had a better idea of gold, this week looks to be a key period. Eighteen months of sideways action has numbed the appetite for precious metals. Out of favour or interest, but still holding firmly around the 1800 mark. Long patient bulls have waited prudently for their just reward and a return of the bull run proper. Considering the fed...

Fractal777

The Fed's goosed inflation figure came in at a paltry 7.5%...try and tell the average consumer that! Trillions of free money has finally impacted the system and woken the asleep via their wallets and purses. We have made numerous calls for high inflation for the past two years and have hedged with precious metals. The markets loath the reality of high inflation...

Fractal777

Our last idea proved profitable for a short on a market that had moved too fast. The decline was on weaker volume and weaker down candles...we take what we can. The final C up is likely in progress and may even top within a week. We do not believe new highs will eventuate as this market truncates around 35150. Never ending buy the dips will end, a multi-decade...

Fractal777

A quick idea. The Dow has retraced 61.8% in futures. Our target area from our last idea has been met at around 35500. Either wave C up in an ABC has concluded or this is just wave A up concluded to be followed by B down. Will say that over 2000 points has zoomed up in only a few days, shorting now is much lower risk. Good trading!

Fractal777

Our last idea called for some form of exhaustion bottom to complete the first wave down. The huge drop and following spike is almost always a true signal of the intent coming. Volatility was not for the faint hearted, swings of such magnitude can blow up an over leveraged account. Repeated buying tails formed as the buy the dip crowd moved in, more buying likely...

Fractal777 Updated 

The past week has delivered an early taste of bear honey, before you get too high on sugar...remember what these bulls can create rather quickly. Probable declines are likely tomorrow in futures and some form of exhaustion decline developing this week. This bull market is likely finished and has topped out, a bounce of wave E up is likely into early February to...

Fractal777

Next week will be pivotal in the near future price action. Today's selling was stopped on our trend line as expected and bounced fairly strongly. This suggests a probable bounce or the start of the last leg up...heard this before! Bears are totally frustrated or have blown up their accounts attempting to sell this obvious con. We try and trade the clear sell...

Fractal777 Updated 

We have two scenarios that the markets can take in the next days and weeks ahead. Firstly, we have what looks like and ABC down move finishing it's A down today and B up underway. Then C down to bounce off the upward trend line...this to followed by the very final and terminal wave E up to conclude decades of bull market mania. Now these markets may have already...

Fractal777 Updated 

What seemed probable has yet again defied the bears. A likely wave 3 down has been shot down and buried. Clearly, the market want to rise in the face of defiance and ignores rational thought. Volume has been low the past days but the bulls are back, looks very much like a five wave up is in progress with wave 3 up just completing now or has done with today's...