5 replies to this topic

[NAV]

If this is a bull market, today was an IT bottom. If we break 2500, then it will turn into a 8-10 months bear market. Look at the weekly oscillator which has marked all IT bottoms in this bull.

 

https://twitter.com/...032624245207040

Edited by NAV, 18 December 2018 - 10:59 PM.

[RagingSpartan]

We are already in a bear market and yes it will last at least 8 months, probably more like 18 months. Time factor is the most important marker.

[MDurkin]

I think it is more like 2000... maybe close to a  3 year Bear. Could this even be like into 1921?... What happened after that?

[zoropb]

This time the bubbles are in Bonds, Stocks, and Real Estate. We have never dealt with 20+% world crop losses (in the modern era) and robots replacing half the jobs or more. 

Not one economic peak has ever had to deal with so much at once thrown at it. Plus what surprises may still be in store.

 

This one will be on the front of the economic history books when it's over. 

[K Wave]

Watch 165 level on IYT....HUGE pivot zone going back years...

 

After Trannies left that UGLY looking evening star above the 200 day MA, they quickly made a bee line through the "crash window".

 

This Fedex news could very well mark the bottom of this swing down, and a relief rally could be starting within a day or 2.

 

If IYT were to close December below 165, that could be a huge warning sign to LT bulls.

 

Also keep your eye on UTIL over next few days. The big bear moves always end up involving the utilities eventually.

That island left just below 720 is now absolutley huge to the LT picture on UTIL.

It is starting to look like the last gasp rally attempt on UTIL has failed with a lower high.

Back below 720 now, and the great bear will begin on UTIL.......

 

And does it look like NYA has completed a 40+ year bull run on the monthly chart to anyone else?

If so, 2008 will look like a picnic compared to what is coming down the pike.......

 

I would be curious to hear from the Hurst guys at what point the 80 year cycle generates a downside projection on NYA

Edited by K Wave, 19 December 2018 - 09:23 AM.

[OEXCHAOS]

I think that the TYX is telling us that the pressure if off the Fed for now.

 

 

Which is pressure off the market.

 

But if the rally that ensues doesn't rip, and rip in a big way, it's a tell that we have big trouble.

 

M