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aussiebear

World Stock Markets Trading Discussion - Vanishing viability

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Looks like a 5 day cycle low. 2585 is support. Bent but not broken.  Could it beee-eee-eee... an up day?  

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new 2 day cycle projection 2546. 5 day cycle low has failed. 5 day cycle projection 2515.  Crashes happen when apparent bottoms fail to hold.  

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I have been warning of a crash  in the November-December window for several months. The preconditions and conditions are ripe.  2540 and 2533 are obviously critical. If they don't hold, then this is probably it.

The idea that crashes can't be predicted is rubbish. They all have common technical setups. True, not all crash setups play out, but some do.  I was all over the September 2008 crash. The setup was very clear and so was this one.    

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32 minutes ago, DrStool said:

I have been warning of a crash  in the November-December window for several months. The preconditions and conditions are ripe.  2540 and 2533 are obviously critical. If they don't hold, then this is probably it.

The idea that crashes can't be predicted is rubbish. They all have common technical setups. True, not all crash setups play out, but some do.  I was all over the September 2008 crash. The setup was very clear and so was this one.    

That's just silly.

Everyone knows that crashes are mysterious financial events that appear from nowhere.

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4 minutes ago, DrStool said:

Isn't it amazing that  a 48 point decline feels orderly. 

Yes and it really feels exactly like that. Quite scary.

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