Fractal777

Fractal777 Updated 

Markets this week have gyrated to twist both bulls and bears. Very often at major market tops, we see a large spike in volatility, firstly the bears short covering like Wednesday...those most pessimistic are forced to buy as prices rally hard and fast. The Fed's goosing at it's best. Then Thursday's falls are followed through with today's red candle....whipsawing...

Fractal777 Updated 

Today's price action was bearish in that selling accelerated into the close with rising volume...note the engulfing candle! The wave 2 corrective retracement has hit our 0.786 almost exactly. Either today was the bulls best opportunity to exit at the highest prices or a low probability of one more minor rally to complete. The days selling candle has touched the...

Fractal777

Our last idea mentioned violent swings can shatter an over leveraged trader and bulls and bears get whipsawed into covering...shorts covered big time since yesterday. What appeared a wave five down to bottom had already finished on the 1st Dec and a wave two up since has rocketed the markets to reclaim almost 2000 points on the Dow! We now sit at an important...

Fractal777

They say that history does not repeat but it rhymes, we don't discard the embedded wisdom, but we expand it's value....it's unmistakable. Markets are gyrating volatility as bulls and bears get whipsawed into covering. Highest probability is for further declines this week to finish off the first wave 1 down with a wave 5 down, then a bottom to be followed with the...

Fractal777 Updated 

A move above $25 has not resulted in a continuation and instead has been hammered down to our trend line. This could well be the optimum area to accumulate more silver in front running the coming rally. The Dow today created a fourth Hindenburg omen...four days consecutive and dangerous. It is just a matter of time before these indices top out, perhaps a rally...

Fractal777

At long last the bears had a great day today as the Cabal smashed down the markets covertly. Waiting until "Black Friday" to pull the trigger. Today's tide change was blamed on a "heavily mutated variant" and caught out some of the swimmers too exposed for comfort. Their economic recovery is a charade, they want a collapse and will use every excuse to blame the...

Fractal777

Silver continues it's rally after a small pullback. The early bird can get the worm they say, is this the start of a bigger move? We know the downtrend has been broken, if $25 can be breached...it's all green. An article from Barron's Lisa Bellifuss last week stated "Policy makers have been puzzled by low labor-market participation, despite the expiration of...

Fractal777

Silver broke out of it's downtrend since May with a decisive rally today. Long suffering silver bulls have endured 13 months of sideways/down price manipulation. Often days like today are an excellent indication of an early signal to accumulate for the coming price rally. We have been bearish on the Dow and yet again been proved wrong by the bulls. Some talk of...

Fractal777 Updated 

Bullish perma bears are the classic sell signal at cycle ends. After 18 months of wrong bearish ideas, turning bullish at the very top, quite astonishing. Today's action will wind up and complete an ABC counter move either tomorrow or Monday. Bear markets destroy bulls and bears, that's their function...sucking in those who capitulate at the wrong time....few...

Fractal777

Bulls attempted to shake out the shorts this week, this is how bear markets function. 1500 points from the low to the high, but this does not faze us in the least...we have been short for weeks and stay so. Powerful bear rallies have one main purpose, pressure the bear. They also suck in the last bulls..the very last. Prepare for a plunge to hit very soon,...

Fractal777

Almost every bear market has similar characteristics, firstly denial that the markets have topped. Secondly, the bull trap that sucks in those very late to the party who now double up their bets in the hope of getting out even. Then the fear hits in waves of selling, capitulation through forced liquidations. Today we sit in the bull trap zone, the rally today...

Fractal777

The bounce has either completed or very close. Wave 2 up has exhausted with a shooting start candle today, drama is coming. The bounce is the rally that sucks in those last to understand the dynamics of social economics or technical analysis. Wave 3 down is next, not the big one but serious enough to jolt the bulls into a nervous time. Hold short or add...

Fractal777

Markets react to the "news" and plunge! Analysis last week has proved valid as the first strike by the bear inflicts wounds. Evergrande cops the blame, but this was a mere excuse as an exhausted market waited for the trigger. A probable bounce is to be expected, not required as the plunge may continue. 33K is support, either more declines to this level or a...

Fractal777

Markets have bounced this week in an AB and current C rally. As expected from our last idea, this is setting up for one of the greatest shorting opportunities that present themselves. Look for a rally on Friday and possibly into early next week to fade out and finish wave 2 up, next up will be the shock of wave 3 down. Add to shorts near the close on Friday or...

Fractal777

Another red day and another nail in the bull coffin. Our last idea called for a short based on exhaustion and a very tired market. The top could well be in this time, a break of our red line has occurred and any real negative event could set off a dramatic plunge. Bulls were warned, most will hang on until much later. The "presidents" latest to mandate the...

Fractal777

The Dow has tracked our last idea with obediant discipline. An ABC very last push is now within a C wave climax for this week to finish off the last party goers. We have volume shrinking and divergences, plus Hindenburg omens to boot. Most bears have given up, only the hardcore, steely ones who know this will pay back very quickly. Will it top out and roll over...

Fractal777

Markets finished the week on a rebound after bouncing off our trendline. Although we are very bearish on markets, we stay neutral until this theatre has finished. If short, you don't have long to wait until the surprise unfolds..a few more percent. We have talked about world affairs and socionomic behaviours the past year or so. Sometimes we get a glimpse into...

Fractal777

Markets continue to defy gravity and breakout higher as expected. This is the last and final push before the chaos unfolds proper. The Cabal can manipulate and distort prices with their shenanigans, only as long as the music plays on and the bubbly flows. A few weeks more at best and the top will arrive, weakness in this last hurrah is evident...exhaustion as...