I think we are in a bear market until March 2020 You can see from history the 34 has bounced off the Double Hull 500. We are approaching... will see if this ties out to my short term momentum model that i am testing ( maybe a Feb 5th peak for short term markets? ). brschultz : markettimer777
I have noticed many times pricing will run back up to a "double peak" in the 34 period or 340 period. In this case CP has popped back up to the 340 SMA double peak from previous levels... I'm sure a fib guy can step in here and explain the retrace in 3....2....1.... brschultz aka markettimer777
Went long on Nat Gas (UNG - bought calls) - should go up and peak Feb 28th-ish 2019 per my hourly model. brschultz aka markettimer777
As some of you know i bought nat gas UNG at end of Day Jan 23rd based on my own hourly models. My models suggest a peak in natural gas or optimal sell date on Feb 28 2019 brschultz aka "markettimer777"
The daily model for IMGN shows major move about to take place causing price to rise dramitically over next 12 months (if i am correct)
My 2nd presentation on youtube (on Dec 11) when i shorted TSLA at about $360 - the momentum model suggests optimal buy point for TSLA will be March 2020. Thus they have the highest opportunity to go bankrupt into March 2020. If they survive this next 12-15 months then it will be time to buy... momentum trends to 2020... a long time away.
Robinhood'd this one with a buy at $0.65 a couple weeks ago based on my long term daily momentum model - if correct this one might run up to peak in Dec 2020.
Momentum Model suggests TTD is peaking, expect it to bottom in March 2020
The current markets are seeing this death cross - here are examples in 1970's where this happened. I expect markets to decline into late Q1 2020 brschultz - youtube
Weekly model shown on youtube for my brschultz momentum trend model After this week's death cross ( 34 week SMA crossing under 340 week Double Hull ) - Sept 2000, May 2008, Nov 2015, Jan 2019 - Markets should now descend to bottom in March 2020 thru June 2020. The brschultz momentum trend for daily NASDAQ does best job showing strong momentum trend to optimal...
2015 S&P 500 Death Cross (34 wk SMA cross 340 wk Double Hull )
2015 S&P 500 Death Cross (34 wk SMA cross 340 wk Double Hull )
2008 Version - S&P 500 Death Cross (34 wk SMA cross under 340 wk Double Hull )
S&P 500 Death Cross (34 wk SMA cross under 340 wk Double Hull )
The 34 Week SMA is breaking below 340 Week Double Hull, this happened in September 2000, May 2008, and late November 2015... we are in the danger zone!
So i bought NVCN 3 weeks ago based on my momentum model - posted it to youtube brschultz NVCN - and why i bought it. My model suggested a long term momentum trend was bottoming for NVCN - is see it possibly peaking in December 2020.