Are we making a generational top in stocks?
Posted 07 March 2014 - 09:04 AM
Posted 08 March 2014 - 08:51 AM
Posted 13 March 2014 - 02:22 PM
Posted 17 March 2014 - 10:38 AM
"marxism-lennonism-communism always fails and never worked, because I know
some of them, and they don't work" M.Jordan
Posted 21 April 2014 - 09:12 PM
Posted 05 May 2014 - 07:40 AM
Additional analysis is annotated on each chart. Some of these are updates to charts and analysis posted earlier, with recent market action confirming the prior analysis; i.e., the megaphone patterns in DJIA and Russell 2000 are still valid. As noted on some of the charts, it's too early to tell if the tops are actually in yet, so breaches of the highs should be respected for possible runs to higher targets. The very long-term chart of the DJIA has what I believe to be very compelling analysis, showing a triple confluence at current highs. The projections are from the 1929 top and 1932 low, the 1937 top and 1973 top, and the 1974 low. These are some of the most important swing points of the last century.
Not included on the charts is the current astro set-up. With the recent passing of the Grand Cardinal Cross followed by a new moon and solar eclipse on the same day, we'll see over the next few weeks or months if any significant price destruction occurs. In past major astro setups, like 1987 for example, there was a fairly similar signature in the heavens that preceded the crash by several months. I suppose it's fairly unlikely to happen in the next few months (mainly because most crashes tend to occur in the Fall), but it is something to be aware of just in case.
Posted 02 June 2014 - 10:49 PM
Best guess summary:
Top around 6/3/14
Low around 6/10
Top around 6/16
Then larger decline into 7/10-11 area.
The DJT index has been about the hottest sector around and is rapidly running up to two separate trend-lines that converge in the 8170 to 8200 range. We'll see fairly soon if this area acts as resistance just as we are coming into a timing window for a potential reversal 6/3/14 (+/- a day or two).
It's all highly speculative and probabilities based as usual.
Posted 15 June 2014 - 05:45 PM
Per the second chart, I would guess there's at least a 10 to 20 percent chance that the DJIA and SPX make one more push to new highs unless those indicies break the Feb 2014 lows.
It looks like I had some inverted guesses for polarity of CIT dates mentioned in the previous post in this thread. Polarity is always the hardest to guess in advance. Going forward, of course there is always a chance that all of this analysis is incorrect and the market just continues on up without a significant correction.
Posted 22 June 2014 - 06:04 PM
Analysis and additional comments are annotated on the charts posted below.
Posted 30 June 2014 - 01:41 PM