brianhimmelstrupnielsen

brianhimmelstrupnielsen

SP500 just hit major fib level from last top of 2008. As you can see it hit 4545 which is 4,236 extension. What happens from here? My bet is down and finally and end of 13 years long bull market.

brianhimmelstrupnielsen

Notice the pitchfork from 2000 and it fits with where we are right now. 13-03-2021 Maybe the limit of this crazy bullmarket for SP500? This chart is mostly for internal use. Feel free to make your own analysis.

brianhimmelstrupnielsen

simply my take on coming crash in SP500 starting in 2021 (if not allready top seen in december 20) The re-set and re evaluation that should have happened after 2008, never came because of cheap monitary policy and 0 % interest rate for 12 years. Partys over. Looking for 40-50% drop from 3700-3800 area within the next 2 years. TA shows this month (december 20)...

brianhimmelstrupnielsen

The chart is a bit selfexplanatory. It projects the DJI to drop at least: 1) about 25% from its currenct position at 23.723 - retesting last bottom 2) drops 50% like previous bear markets - see fib level 3) drops almost 70% to reach 2.618 extension level.

brianhimmelstrupnielsen

After the Shoulder-Head-Shoulder formation, SP500 fired a hit 'n' run candle, which was quickly dismissed. After that, 2 attempts where made to recover, only to be rejected near shoulder level. This time, it hit the vertical neckline once, and it'll problably hit i twice before being rejected again. .......and history will repeat it self, and the pattern and...

brianhimmelstrupnielsen

I acknowledge a 3 months margin for a false call because SP500 is overinflated. This is primarily for own use, and doesnt not stand as a recommandation, but my own point of view. This post is just to mark the day... Glostrup, 5/1 - 2017 BHN

brianhimmelstrupnielsen

SPY signals very possible end of 7 years bull market. Connect the 2 monthly highs of 2007 just before the financial crisis broke out, with a trendline, and see it get hit by the top of 2015, followed by a year of topping out on SPY/SP500, and then, last week, on the 13th December when it was hit the 4th time. This also marks what i believe could be the 5th leg of...

brianhimmelstrupnielsen

Wish i had this realtime indicator on the right side of any current candle. It's really just the price/range indicator we now from TW's left side tools menu.

brianhimmelstrupnielsen

Watch out how this possible SHS formation plays out. I'm looking for a short opportunity. If it fails, I'll be looking for second opportunity i level 10.400-10.000 (with possible spike to around 10.600) Let's see how it plays out.

brianhimmelstrupnielsen

I do notice the triangle, suggesting a break upwards, but is this really notting but a big bear flag? Time will tell.....

brianhimmelstrupnielsen

from 11-09-2015.....dax fibs...

brianhimmelstrupnielsen

As i see it, 9620 was the 61,8% retracement level, with a possible target for DAX bearmarket at 5135..or 5100-5200 area. My first target was around 5442, but this seems more realistic. That would be approx 58,5% drop from dax top i 12400. That is within "normal" bearmarket drops. 6 september 2015.

brianhimmelstrupnielsen

Seeing a dead cat bounce on dax coming up from 7 to 11 sep 2015. Question is only, how many bounces within the triangle before breakdown.

brianhimmelstrupnielsen

Is what where seeing nothing more than a dead cat bounce, before more downside? US market closed 7 sept, then opening from 8 to 12 sept.....maybe this simple scenario will play out. Watch also the triangle setup.

brianhimmelstrupnielsen

July, 31 - 2015 My first SHS formation idea, is still valid (since 2137,5 hasnt been taken out) even though is was on fewer bars in the top area of 2137,5. When looking from march to august, the bigger SHS seems more clear (and significant). History tells that SHS formations are usually topping formation, and downside is to come. Take a look at 2008 for...

brianhimmelstrupnielsen

if you draw a fib retracement on closing candles, everything matches up. the "fake breakout" in mid july was due to Greece /grexit flucturations and speculations.

brianhimmelstrupnielsen

A SHS formation is nearly completed in the DAILY chart in SP500 (SPX) Only a few more trading days remains before completed. Coincides with the ending of june, and a very possible Grexit. A greek deal could postpone things a bit. After passing the neckline around 2080, next stop will be 2000 and bearmarket beginning more likely than ever. All the fundamentals are...

brianhimmelstrupnielsen

Only a few days more, and the SHS formation is completed on daily chart on SPY. Anything below the neckline at 208 confirms signal, taking it down towards 202/200 level. Bearmarket begins.