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One More Rally

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#1 blustar

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Posted 02 May 2019 - 11:36 AM

My SPX timing model tells me we have one more rally into Monday May 6, then down into May 24 hard. A move into the 2960's would not surprise me. 2 days ago, my subs were told to look for a low around May 1-2 and a possible 2900.  We got that now one last hurrah for the IT.


Blessings,

 

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#2 Rogerdodger

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Posted 02 May 2019 - 01:50 PM

For whom the bell tolls. 2 month and  5 month "Ringing" cycles may agree.

 

Late October-November looks like trouble, if this continues to "ring".

ringing-cycle.jpg

 

I've also been watching how this one plays out:

Vix.png


Edited by Rogerdodger, 02 May 2019 - 02:01 PM.


#3 CLK

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Posted 02 May 2019 - 06:38 PM

I'm looking for a mini crash tonight-tomorrow down to 2840.



#4 opinionated

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Posted 05 May 2019 - 04:27 AM

I to was looking for a turn south next week...  If taken tight stops because I do have one very reliable indicator that says a big move up is very near taking us out of this 2900-2950 zone. Possibly to 3020 ish.

 

Also have a major bottom bottom in gold due withing 5 days.



#5 dasein

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Posted 05 May 2019 - 08:48 AM

wow i agree with you blustar

 

 

- beautiful Derby despite the rains


best,
klh

#6 blustar

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Posted 05 May 2019 - 10:05 AM

wow i agree with you blustar

 

 

- beautiful Derby despite the rains

 

What was weird about the Derby is I picked "Code of Honor" to Place and he came in third, only to have a disqualification put him in second.


Blessings,

 

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