Events(In this life) are nothing more than fractals fractured(staggered) by the nature of time.
Green Day
Another turning point, a fork stuck in the road.
Time grabs you by the wrist, directs you where to go…
So make the best of this test and don’t ask why…
It’s not a question, but a lesson learned...in TIME.
It's all about to change...The DJI already knows...it fell weak from the moment of my last post. The rest are about to play catch up.
Time of duration? 14 years.
I'll drop by one time at 2,240 to 2,250 on the ^GSPC...then simply fade into a distant memory.
Best of luck...
The CoinGuy
The winds...are about to change.
TCG
oh...and...
I spent the last half hour reviewing my old BIM 5.0's decline prognostications.
While the topping formation(as mentioned in July of last year) has converted into a RH dominant Twin Peaks Formation(the same as with BTC and ETH in 2021) I view the comments to be made within that final public BIM to be just fine...and will age well.
Especially, when viewing the broad markets and gold.
Gold is in a major breakout?
No. It is not.
I said last July that gold was in a bubble...we're about to find out if I'm a fool or not. If 192 in the GLD is broken to the downside...just step away for awhile.
At 'the' low. I'll step in and say something and point in the right direction to 'blue skies'.
In the meantime...I expect it to lose 4 digits and quite quickly.
The slaughter will come in TWO full waves...over time. Then, as I stated in the BIM 5.0...I expect the bear market in the gold issues to be complete. Not a moment before...
2,24(x) to 2,25(x) will be touched in the ^GSPC
Like I said when I showed up in the spring of '22...patience will be the order of the day and I will repeat yet again.
"You're still in the topping formation...the decline hasn't started yet".
Although...as stated above. The winds, they are a changing.
33k + 7k = 40k
Do. You. Understand. Me.
Say0-nara
A bit of red in the pre-market, although...I'd like to see a higher high today if they can swing it. If they can't...no big deal...the date(2008) I'm using is from a leap year.
So, why today?
Because today just feels right...
Today. Is the day...
TCG
Yom Tov...
You need to dig MUCH deeper...I'll point you in the right direction.
Leap Year before it was February 29th?
Ever read the 'Prophecy of St. Malachy'? How many popes did he believe were left?
This is one half of what?
I also should mention...how many popes are left on that list now?
Here a little, there a little until it all comes into view.
Best Regards,
The CoinGuy
oh...and...uh.
I forgot to mention something on the 20th.
So, here goes.
What do you mean reverse triangles?
I don't like to leave owing someone a Gold Star. Therefore,,,I'm going to post two simple charts, plus a Thought or two while asking you to dig a little to find all the gold within.
Interesting, that were rallying right into the holiday. Reminds me of 2018 where we crashed into the same.
Here is a chart with a line from the October 13th, 2022 low. I believe that was the low we dubbed, the "suspicious low of 2022.".
Now. Why did I draw a line there and why would that be worthy of a Gold Star chart?
"Our current advance from the October 13th low is only an inverse mirror of the decline from the January 2022 peak to the October 13 low."
Use what I taught you...and study this until you fully understand and can SEE it for yourself.
Once you do understand. Take a look at this next chart. The essence of 'The Dust in the Wind'...
IF I said when viewing the 2018 crash low(to the peak in January of 2022) and our current peak..."From here, you'll have one large decline and a sharp ensuing rally...then a large more pronounced decline that would rival the secondary leg of the '29 crash? You could perhaps SEE it?
No?
What if I add this...
"The Future is only a Reverse Image of the Past!?"
When viewing both charts...Can you begin to understand?
Study until you do. NO Mathematics needed...
I truly wish you all the best going forward.
The CoinGuy
oh...and...
On what day did Pope Gregory XIII announce the new Gregorian calendar?
Think! Study! Never give up...
This is the (secondary)peak of the largest stock market bubble in world history.
As of today...and I know today well. All markets are right on schedule...
While dated...no changes to the BIM 5.0.
It is right here where you need to make the correct decisions, this market will NOT be coming back in your lifetime.
Best of luck...
The CoinGuy
oh...and...
I've reviewed this last version of the BIM 5.0 this afternoon. I consider all general target prices to be 100% accurate.
If I was asked to add or update any portion of this commentary...I would probably just refer you back to my prior comment a month or so ago in regards to MSFT back below 350.
There is NOTHING to change/add/update from the original targets...I never change a forecast once made....there usually is no need.
For my precious goldbugs, I'll reiterate. 192. Once rejected, below 160...protect yourself. For the love of God...protect yourself. Triple digits I consider a given.
While I normally don't comment on bonds...the TLT will trade ABOVE 172.
WTF...
The fruit on that tree is very ripe...
If there is an emergency. Just send me a pm and I'll show up sooner or later and Doc has my private e-mail address.
Again...
Best of luck to all.
The CoinGuy
Deflationary Depression? I am in complete agreement.
In the SPX, I have been watching for a peak on the two-year anniversary of the high in the ^IXIC, which is the 22nd(and perhaps a gap fill from the August 2, 2023 gap?)...but it could come in early. Rest assured you better have plans after this turn because you're heading into the drink. The "Twin Peaks" Formation is now complete and the secondary peak does not usually make a new high...although, it is possible, but the odds are low.
This peak is where you walk away from all other patterns and follow the conclusion of the "Twin Peaks" specifically. I'll get right to the point....a literal nightmare is unfolding right before your eyes. The pattern is now complete.
In July I was adamant about this advance from the October 13, 2022 lows being akin to the secondary advance(to the peak) in the Cryptocurrencies...both numerically...and psychologically speaking.
So...
With my "parting shot" I'll say this. Bring up BTC from June 21, 2021 to the "secondary peak" at November 9, 2021.
Now...take a look at MSFT from its November 4, 2022 low to the secondary peak were attempting to put in at this very moment.
Please note the pattern...
Once you're back through 350, it's game on IN ALL MARKETS. 225 will be the first point of rest.
Have ZERO concern with NVDS.
You're traveling with me and I'm not in the business of guessing.
I won't be here at 2,240 to 2,250 in the SPX...You'll soon see me popping up in some other fashion.
Please remember. This market will not resolve itself...for years.
Everything you need going forward is in my charts in the archives. Nothing new is needed...
Best of luck to all.
The CoinGuy
oh...and...
I have again looked over the BIM 5.0...it's dated, but it still stands.
What you want to watch for is this. 1,920 in the ^XOI AND the GLD(at 192). These are walls...IF those walls are broken, you have to respect them. If each market falters....then you know the truth as to where both of them are going...and...don't forget the SPX IS in the same boat....4800 times 4 is?
192? No one, not one bothered to ask. Why?
I'll say it again. Everywhere in this market right now. Look for 35/70...it is the KEY to the stock market.
For my goldbug friends. Gold(and silver) can decouple here, but the likelihood is quite low. As of this moment, I believe we're going to walk with the broad market through one more decline...then walk away, but I could be wrong. 192 in the GLD will tell you the truth...let everyone else be a liar.
If the GLD walks the path of the BIM 5.0 it will take you completion.
I already mentioned I expected a rally(based on fear), but...I do believe we might have found some common ground...I expect that rally "at a minimum" to be completely retraced before I take a look for myself.
Although...as mentioned. Part of my back room is putting ships in the water.
My thoughts are akin to my UUP/TLT comparison chart(posted a couple of weeks back). That High Energy spike has to be retraced sooner or later. I expect later....as in...starting in 2025 or later.
They will cover their positions at 2,250 on the SPX. Not a moment before...
Gotta run gentlemen...
Best Regards,
The CoinGuy
I'd imagine that "legion of securities" pales in comparison to the number of traders who have found the same.
From my perspective....an exponential increase in both statistics is just around the corner.
I saw them drop like flies in 2000 and again in 2008...those will be a walk in the park in comparison to what has already started - in July, as stated.
TCG