Fractal777

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...

Fractal777

Another week, another charade of deception that masks the rot. The clock is ticking towards what is inevitable...an absolute meltdown. A speculative orgy since the March 2020 lows on a world economy fuelled by electronic impulses of liquidity. A frenzy like 1929, fed by greed and ignorance...untouchable they believe. These markets will not implode until the...

Fractal777

With inflation rising to it's highest since the last recession of 2009, and the markets at mass ignorance levels...why is silver struggling? Down 5% year to date and sideways for 12 months...it would appear few buyers are interested. But the physical market tells a very different story, premiums of 20% or more are common. The price suppression is clearly...

Fractal777

The week started with a bang as the Dow took it on the chin and down 900 points! Although we knew the Dow would fall heavily, we stayed neutral...every dip has been bought. Technically, the pattern now is again bullish and new ATH prices were briefly touched today. Whilst our stance is a collapse coming almost certainly, either by Sept/Oct or a little later a top...

Fractal777

Silver fell again today but slowed the descent as the major indicies rallied. This huge pattern is a triangle squeeze which has morphed a little since last week but it is truly intact. Although it's ideal to see candle points match exact, we need to allow for some flexible moves to keep us in a trade. Don't over leverage your positions, this move looks...

Fractal777

The Dow finished in the red this week and some almost panic selling into the last hour. The red trendline must hold for the bull case, some real technical damage will occur on any breakdown. New lows are rising and volume was higher than average on Friday. A potential double top is in place where the Dow came within 5 points of it's ATH. Any close below the red...

Fractal777

Our silver idea this week clearly displays the increased buying pressure evident since Sep 2020 Higher lows on a long upward slope which is our "correction" Many investors or speculators are beginning to ask when will silver truly break out and what happens when we knock on the $30 door again? It seems an age of grinding sideways and waiting. The Dow will as we...

Fractal777

The Dow had a strong day and is threatening our trendline resistance. Our short is closed out and we turn 180 degrees bullish. Another leg up is almost certain as the bulls assert control back. Trading is about recognition that we are sometimes wrong and having the stomach to take the opposite stance. The 15 month trendline was broken but looks more of a fakeout...

Fractal777 Updated 

Silver continues it's sideways correction since the Feb high. A correction that stretches back to August 2020 and higher lows. The longer this sideways move...the bigger the coming breakout. A possible low of $25.40 ish may well be the ideal entry point prior to this coming explosion. If silver stops and bounces off this trendline...we can likely expect the US30...

Fractal777

This week, the Dow rallied well into Friday and is approaching it's decision point. Any close above the downtrend line will likely continue this liquidity rally for sometime yet. The breach of the red trendline after 15 months though, was enough to trigger a sell signal. We stay short until the black trendline is broken decisively. Wave 3 down is our...

Fractal777

The Dow is setiing up for an opportunity to increase our short positions. An ABC bounce looks to be unfolding, once complete...a wave 3 down will impact the bulls. Bull market turns take time and our 10th May top was a clear bell ringer and could go down as the top marking many decades. Some gyration is likely this week...you can bet on much lower prices...

Fractal777

When did the Dow last have 10 red down days in a row? Our last idea called for one more to trigger the break and complied. The market blames the Fed for indicating that rates could rise in a few years time?...the truth is that the market fell on any excuse and insiders given a heads up to get out! Days prior to the 11th September 2001 event, the market selling...