Only Index that has been doing Big retracement. This time it has done Very fast like Market has made the Bottom or During Y2K bearmarket. Is it like before it's a bear market or Fed wants market to make new all time high. If That is the Case then Inflation will be lot Higher. Powell want to be remembered like Paul Volker Not Burns. After 1966 Market Top. Market...
Market went up more then .618 retracement. If I am right then Market will bottom on 8th November then have to see where market is. NDX should stay under 15500 for the bearish scenario to play out
Top was in on SPX and we are in wave 2. There is a good chance that Friday was one day wonder and may not see wave E and D. If we see E and D wave that means wave 2 isn't complete. Monday will find out once where I marked D wave is taken out then wave 2 is complete. Bottom should be around 6th October then another Push up till 12/14 October then waterfall should...
Summer comes when it's time for summer. when there is winter time it always come (Bearmarket), It comes on time or comes bit late. Same with the market. some time it comes right on time or bit late this time it came right on time. 150 Months of Bull run will end in tears for bulls. It was 150 months off tears for Bears. There will be Bounce that will try to reach...
Short term Correction till 14th May. New high would invalidate ABC Correction. If everything goes according to plan then Top would come on First week of September 2021
Unless 4200, 4150, 4050 get taken out then top has been made, Bottom should be in on around 21st July than last wave up should complete in August. Watch how HYG is behaving.
During Y2K top, it took few weeks to make the final top. Definite top was made after the Fact in rear view mirror. Would say that will be the case this time. We will find out in September that top was made in August or October if top was made in September. Most likely Top will be made around August Option expiry week or by September 2021. HYG was holding up...
Most likely all 5 waves should complete around 27th July or by 10th of August. I am also looking for Dow to complete all 5ways around 10th August.
There is a good chance 5th Wave will complete in August 2021
Most likely all 5 waves should complete around 27th July or by 10th of August. I am also looking for Dow to complete all 5ways around 10th August.
With so much money pumped in to system Like 2000. Dow should hit around 36000 and top should materialise by August/September. As it will be long term top. Not sure what will cause the top. it could be Bond Yields or Tax rise. something will break the system. First sign will be Trading Channel will be taken out after that Huge Gap down. then Game will be on. I am...
Dow has Finished it's Long term wave 3, It's doing Bounce just like 1929 Crash see Green circle, when the correction is over it should bounce off the same line. Wave shroud complete around March 2034. will not be same as 1929 Crash, more likely to have wild ride with A B C D E wave correction, May end up around 15k. Wave 5 will be big so buy and Hold would be...
Dow Long term wave 3 done, Bounce just like 1929 and drop will bounce off the same line Drop will start around September/October.
Bearish on US Stock Market. Should start to crack around September/October. Which should affect Gold and Silver. Have Cash ready when the dump comes
Rocket Ride on silver is over. retest or final low around $20
Bullish on Gold Due to Option Expiry on Friday, It's trading in tight range, Should breakout on Monday. Buy your Favourite Gold Stocks on dip.
NDX top Mid Late September plus and Minus 2 weeks