18 replies to this topic

[dTraderB]

Let me define "near" in this context: a week or two in terms of time; another 2 to 3% SPX gains, and the possibility of a 3 to 4% DOWN before making another new SPX high, and then the real decline begins. 

 

Today was weird, insane, even the VIX and VXX were UP as SPX finished UP by 1%

 

Amazingly, both VIX and VXX were rising when SPX was rising during the afternoon.

 

From here on, the markets will behave in a very erratic manner but with potential for big trading gains if 

you trade WITH the market and are ready to reverse when market turns UP or DOWN. 

 

We are in early BUBBLE zone.....but a BULL market that lasted for a decade or more will not end in a few days. Expect wild & choppy action but the END is near. 

 

I am prepared to be proven wrong but this market reminds me of 2007/2008 and 1999/2000

 

Of course, this time it could be different but we have heard that before.

[trioderob]

what exactly are you basing this on ?

[redfoliage2]

Either very close to a swing top or right on it.......

Edited by redfoliage2, 20 June 2019 - 05:20 PM.

[fib_1618]

Not even close...you may want to re-examine your analytical work.

 

Here's a freebie...as long as the A/D lines of interest rate sensitive stocks continue to climb, this PROMISES us that we will see new highs in equities sooner than later.

 

Fib

[CLK]

I'm expecting 3500 sometime this summer.

[fib_1618]

I'm expecting 3500 sometime this summer.

 

Glad to have you on board.

 

Fib

[da_cheif]

Let me define "near" in this context: a week or two in terms of time; another 2 to 3% SPX gains, and the possibility of a 3 to 4% DOWN before making another new SPX high, and then the real decline begins. 

 

Today was weird, insane, even the VIX and VXX were UP as SPX finished UP by 1%

 

Amazingly, both VIX and VXX were rising when SPX was rising during the afternoon.

 

From here on, the markets will behave in a very erratic manner but with potential for big trading gains if 

you trade WITH the market and are ready to reverse when market turns UP or DOWN. 

 

We are in early BUBBLE zone.....but a BULL market that lasted for a decade or more will not end in a few days. Expect wild & choppy action but the END is near. 

 

I am prepared to be proven wrong but this market reminds me of 2007/2008 and 1999/2000

 

Of course, this time it could be different but we have heard that before.

>.but a BULL market that lasted for a decade or more will not end in a few days.<.....so it was a 10 year bull.....why didnt u call it   675ono

[AChartist]

three weeks ago the RUT weekly cycles had 3 weeks until a down slope, tops can right translate

and when it usually is the breadth top unicorn fake index can right translate while termites rot the account,

not saying it is exact,

most likely will translate at least 1 week until the 4th.

 

the reasons probably geo-political like a Deutsche bank thing or some commy globalist perp walk

 

no harm if I'm wrong can change mind from cash will pick up some more cash level coming up soon.

If right should be 6 weeks down and even after that is just a bounce before more down. Well see in Aug. if its about right.

[dowdeva]

three weeks ago the RUT weekly cycles had 3 weeks until a down slope, tops can right translate

and when it usually is the breadth top unicorn fake index can right translate while termites rot the account,

not saying it is exact,

most likely will translate at least 1 week until the 4th.

 

the reasons probably geo-political like a Deutsche bank thing or some commy globalist perp walk

 

no harm if I'm wrong can change mind from cash will pick up some more cash level coming up soon.

If right should be 6 weeks down and even after that is just a bounce before more down. Well see in Aug. if its about right.

Count me in. Some more up to maybe get that 3000 banner, then down until December with stops along the way.

[da_cheif]

from bloomberg    "its to late to be bullish" ....WATCH THE SKY.....