Jump to content



Photo

Projections for Dow, NDX & SPX


  • Please log in to reply
2 replies to this topic

#1 tsharp

tsharp

    Member

  • Traders-Talk User
  • 1,487 posts

Posted 11 May 2019 - 08:34 AM

It appears to me that the May decline may be complete, and if so, the next leg of the corrective wave-(x) will commence... here are my FFs for the next leg upward:

 

Dow-D-5-10-19-projection.jpg

 

 

 

 

NDX-D-5-10-19-projection.jpg

 

 

 

SPX-D-5-10-19-projection.jpg

 

 



#2 tsharp

tsharp

    Member

  • Traders-Talk User
  • 1,487 posts

Posted 11 May 2019 - 09:26 PM

A Contrarian Who Needs to Learn About Market Cycles

 

Spectacular-Market-Crash.jpg

 

Excerpts:

 

Of late, persistently buoyant equities markets have tested Clark’s skepticism. Horseman Global lost 15 percent of its value in the first quarter as the S&P 500 index climbed 13 percent. The fund lost a further 12.2 percent in April before gaining 4.3 percent through Wednesday in May. Clients are fleeing. Assets have halved, to $690 million, in the previous two years. 

 
 His fund is a roller coaster ride: Losing or gaining more than 5 percent in a given month isn’t unusual. It’s not for everybody. “He has made money over time, and some people love him, but we found [his fund] to be a bit too volatile,” says Rob Hawcroft, a former executive at HSBC Asset Management’s alternative investing unit, which invests in hedge funds.
 
The vicious December sell-off, crowded trades, low trading volume even during market rebounds—these are signals to Clark that the market is about to crack. Which for him is good news. “The stars are aligning, and the markets are complacent,” he wrote in January. “Get the popcorn ready, it’s showtime.”  
 
END
 
 
I was the contrarian once upon a time (1997-2000)... back when I followed Bob Prechter, and thankfully, after loosing a lot of money, I learned a thing or two about a thing or two.  This guy will soon be out of business, as the new bull market cycle has only just begun...
 
 
 
This chart shows we are just starting the 10-year, or longer, phase of this bull market cycle, based on the momentum trend line...
 
 SPX-W-5-10-19-cycles.jpg
 
 
 
And this is the chart I posted more recently, showing the bull/bear cycles for the past 80-years...
 
SPX-W-4-26-19-Cycles.jpg

Edited by tsharp, 11 May 2019 - 09:28 PM.


#3 tsharp

tsharp

    Member

  • Traders-Talk User
  • 1,487 posts

Posted 12 May 2019 - 01:39 PM

Just one more observation... the present fractal could still divide out as a part of the larger b-wave, and if so, the ~3040 target could also still be in play...

 

 

SP00-300-5-10-19.jpg