DrStool Posted September 13, 2020 Report Posted September 13, 2020 Sorry I called you an asshole. If you had referred us to this thread, I wouldn't have. Cheers!
jp6 Posted August 15, 2021 Author Report Posted August 15, 2021 End is near August top is on card. Will it come during Scam week?
jp6 Posted August 15, 2021 Author Report Posted August 15, 2021 Here is an example of how 150 months cycle work. If you spend more time you will see it near every bottom and top. May get extended by few months like 1987 top. On Monday 16th 0r 17th August we get sell off then Game is on. Friday was the D day but close wasn't ideal on SPX and NDX. DOW had the right candle by days end.
jp6 Posted August 16, 2021 Author Report Posted August 16, 2021 On Friday the 13th Price and time all lined up. Only thing missing was Doji Candle. which Dow had. Red close today confirm that toping process has started. just sit back and Enjoy as it's going to be fun to watch
jp6 Posted August 18, 2021 Author Report Posted August 18, 2021 So far Looks like all 5 waves are not Complete on Dow 3rd of September is an anniversary of 1929 Crash so should see 36K or under to finish all waves. last year 3rd of September was also short term Top. September top works Better then August top. On monthly chart August will have Green candle. Possible Red candle on September Today SPX closed on green support line. Should hit Blue line which is around 4350 or may go little lower by Friday. With action so far Top looks like in. Retest of last high in 1st week of September ????
jp6 Posted September 5, 2021 Author Report Posted September 5, 2021 SPX and NDX went up little more then expected with lower volume (short covering?). Dow has not reached 36K and looking bearish. Another Diamond top. McClellan Oscillator went positive but that did not reflect in price Looked around chart to see where Summation index hang around zero. Looks like plunge to 200MA should come. What happened Last year early September? Plunge. Will it come this week. 1929 top was on 3rd September 1929 after Labour day holiday. Also last year drop started on 3rd September 2020 we have same setup on 7th September 2021. We will find out soon enough once market opens on 7th or by 9th. Gap up that get sold on 7th or by 9th would be ideal.
jp6 Posted September 8, 2021 Author Report Posted September 8, 2021 Another Diamond top played out nicely. So far nothing is broken. It will be broken during the scam week (option expiry week September) Also looks like top came in SPX during Labour week New moon. same as 3rd September 1929 with New moon. Bottom will be in after fed runs around like headless chickens. around 34 Months time. Does anyone remember 2009 where they did exactly that. Two scenario's that can play out. ABC drop like 1929 or Y2K drop, A wave took longer then B wave up for 6 Months, went up and killed most bears.
jp6 Posted September 17, 2021 Author Report Posted September 17, 2021 Narrative is fed has your back and Stocks can only go up Best to buy now and become Millionaires The other way is 4 days rest after selling climax will make all indexes ready for another Dump Top was with new moon. 4 days rest will bring it to Full Moon Monday (20 September 2020) is the D day. We will find out if there is another round trip today. That is a good option which will suck in more Bulls and Bears will throw in the towels.
jp6 Posted September 20, 2021 Author Report Posted September 20, 2021 Today we have hit Bottom trend line which should hold. Game over for Bulls. Market will try and close gap today then 1929 type scenario come in play. Dow first bounce around 30660 Final destination around 18600 Then Huge bounce for 5/7 Months Then even bigger drop as per long term chart. Top was in August and Not going to see that high for a long time. For it's popcorn time. Watch the show for free, End is going to be fun just like 2007 Bearmarket. So many traders believe that Fed control the market. That's going to proven wrong. waterfall is going to come but not yet
jp6 Posted September 22, 2021 Author Report Posted September 22, 2021 Selling Climax was on 20th September. so it would take few days to reset the bearish scenario just like 14th September. It's another round trip after selling climax(14th Sep). Hopefully Bears will think another Bullish move coming. will suck in both bears and bull.
jp6 Posted September 27, 2021 Author Report Posted September 27, 2021 C wave went up more then expected. By today or tomorrow all upside will be over. SPX around 4485/4495 (SPX around 4485/4495, Done already or few Hrs after market opens.) I believe top is already in on Dow which was on 16th August. Today is 29 trading days from top. If one look at the McClellan Summation Index it's under Zero where bad thing does happen. All it need is another push down and waterfall will begin.
jp6 Posted October 4, 2021 Author Report Posted October 4, 2021 #SPX500 We will find out if that is the case on Monday if there is No D or E wave. which means low will around 6th October then Bounce which should last till 12/14 October. Scenario 1: Wave 2 done Scenario 2: wave 2 end with D and E wave. days drop 4257/4220 If market head south then Bottom will come on 6th and Market will retrace .618 12-14 October around 4440?. Which means it will be Big leg up. Don't forget the drop will last around 2 days. Then a huge
jp6 Posted October 4, 2021 Author Report Posted October 4, 2021 Ideally would prefer for indexes to go up today. line in the sand is 4320. Which I don't think will be taken out. 4385/4397 would be ideal for today then when you wake up in the morning tomorrow market would have gap down.
Recommended Posts
Archived
This topic is now archived and is closed to further replies.