i added arrows to help show the "tunnel through the air" that is responsible for the move lower. a move below 404 would indicate lower prices. maybe around 370? as i stated before. i do not think this is the one. i believe that will happen in q4. however some well respected traders like eliades (www.stockmarketcycles.com) have noted that all long term...
this applies to all major indices. we are entering 60 weeks from march 23 2020 bottom on may 17 (60 = 420 days). this is an important cycle.... with which the significance of you can see if you go back in history. for example. go to feb 19 2020....now go back 60 weeks..... important weekly cycles are 30, 45, 60, 90, 135, 150, 180, 210, 225, 315, 330 and 360....
50 year cycles are considered the jubilee years because that is when record highs happen. jan 2020 - lowest unemployment in 50 years 2020 chiefs win first super bowl in 50 years <----- i won a lot of money betting that 50 year cycle.... idk... there are thousands of examples i can give.... but im sure you catch the drift. so let me present to you 1971 wheat...
nasdaq would be the weakest and my suggestion for shorting as the 20 year cycle replays. this is on a monthly chart... i earlier posted that the same thing played out on the weekly. this is a very dangerous time for the market.
Look for a multi year high around the 4 quarter of 2021. spring solstice should bring about renewed hope and a brighter tomorrow. autumnal solstice on the other hand will not be so kind to the masses.
Ba is a short till around 178 and long from there. Around March 23 Something is going to cause it to go down next 3 weeks
i would like to share with you my permanent nyse chart using square of 20 as gann described in his master course. since i am unable to post it here, i added it to my website. no registration required to view. www.thisbigguy.com starting with 1793 as being the first year of american stock market until 400 years later. Please go over recessions and past...
we are approaching a real test of strength around 389-391. the first test of the biden market. target 355ish. for the 45 degree angle to not have any effect, it would have to gap up over it. if we open above line on monday, than please forget this post. 49 weeks, 50 weeks are very important time frames. go back and check what happened, right as we approach an...
what i have displayed is the weekly chart. if we draw the gann fans at 2008 bottom.... per rules .... chart has to be 1x1. meaning 1 point = 1 week. we arrive with the 1x2 line right above. lets do some simple math to give us an exact number 1x2 means : 1 point every 2 weeks, or 50 cents a week. going back to 2008. there have been 615 weeks. 615 / 2 =...
historically from 14th - 21th is the most bullish time of the year. I expect the same this year.
with record levels of greed and optimism in a middle of a pandemic where half of the companies will face bankruptcies we keep ripping. the wool over investors eyes has blinded them to the fact that there is risk in the stock market. This is not a time to open aggressive long positions, but rather to collect profits from long positions. some of the stuff i been...
thinking it will go up for the rest of this week..... however, dont be surprised if the market opens on monday with a nice gap down. im going to be collecting profits on calls on friday and opening puts on.
the word cycle literally means circle. sept 3 1929 was the top 365/360 = 1.014562. 1.014562 * 90 years = 91.31 years. sept 3 1929 top plus 91.31 years = dec 24 2020 if you are wondering why is 360 so important, its the degrees in a circle. i do not know if it will be a top or a bottom, i do know whatever happens around that day will be major.
20 year cycle at play. be careful.