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Markets Are About to Get Ugly According to These Charts


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#11 gm_general

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Posted 26 January 2018 - 12:51 PM

Investor cash low

 

https://www.zerohedg...it-all-time-low



#12 da_cheif

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Posted 26 January 2018 - 01:34 PM

Tyler Turden did a fine job keeping that wall of worry intact    for the last 9 years.......an exemplary example of fade the the fake newspop.gif



#13 tommyt

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Posted 26 January 2018 - 02:23 PM

"GDP Misses 2.6% vs 3.0% Expected...

 

Do they care?"

 

No, in a blowoff chart there are no real pullbacks, just continual pushes upward into a straight up part at the very end. It feels like we are close to a 500-1000 pt intraday move up then reverse to finish it short term. Maybe Monday or Tuesday into month end...then the vol begins.

 

http://stockcharts.c...id=p59618397876


Edited by tommyt, 26 January 2018 - 02:24 PM.


#14 qqqqtrdr

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Posted 26 January 2018 - 03:13 PM

GDPNow has GDP close to 3.4%...    I average Bluechip GDP with GDPNow to average it out, and I think GDP is closer to 3% right now..   https://www.frbatlan...ow.aspx?panel=1



#15 da_cheif

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Posted 26 January 2018 - 03:18 PM

GDPNow has GDP close to 3.4%...    I average Bluechip GDP with GDPNow to average it out, and I think GDP is closer to 3% right now..   https://www.frbatlan...ow.aspx?panel=1

darn got me again....at first i thought you was gonna talk about the market



#16 OEXCHAOS

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Posted 26 January 2018 - 03:40 PM

I don't think the market has any real trouble until the real economy starts competing with it for money. We got a long way to go on that.

 

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#17 fib_1618

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Posted 26 January 2018 - 04:12 PM

"GDP Misses 2.6% vs 3.0% Expected...

 

Do they care?"

 

No, in a blowoff chart there are no real pullbacks, just continual pushes upward into a straight up part at the very end. It feels like we are close to a 500-1000 pt intraday move up then reverse to finish it short term. Maybe Monday or Tuesday into month end...then the vol begins.

 

http://stockcharts.c...id=p59618397876

 

Don't allow fundamentals to get in the way of the technical condition of the market...it's too emotional.

 

Fib


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#18 Data

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Posted 26 January 2018 - 04:43 PM

"GDP Misses 2.6% vs 3.0% Expected...

 

Do they care?"

 

No, in a blowoff chart there are no real pullbacks, just continual pushes upward into a straight up part at the very end. It feels like we are close to a 500-1000 pt intraday move up then reverse to finish it short term. Maybe Monday or Tuesday into month end...then the vol begins.

 

http://stockcharts.c...id=p59618397876

 

There is usually volatility on the way up.  

 

This looks like a market that's in the process of being nationalized to some extent, either by the national bank or overseas proxies to get around regulations.


Edited by Data, 26 January 2018 - 04:44 PM.


#19 salam

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Posted 26 January 2018 - 04:57 PM

Another Friday closing on ATH! 3000 looks not an unreasonable call.

Good w/e all
I'm not sure what my future holds... But I know who holds it.

#20 opinionated

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Posted 28 January 2018 - 09:51 PM

Our Economy is just Beginning to turn.. In a year most won't recognize the place.  If you wanna play the bearish side it best not be for more than a day or you'll be bull food!  

 

My cycles say possible 2950 in two weeks....

 

Maybe,... Past Da Moon....

 

Best