4 replies to this topic

[blustar]

Today, the stock market pulled back 3% due to an interest rate inversion. It is telling us that in 6-18 months we will have a recession. For me, it is telling me that we have until about a year before a huge drop in the markets (35%+) occurs right around the election.

 

Meanwhile, the set up is for a strong rally in the next two days and a top on Tuesday to new highs. Then a big drop into Sept 3 of about 17-18%.

 

See my blog: https://blustarmkt.blogspot.comfor more info

 

[q4wer]

Yield curve inversion happened several times in current year, it even happened back in Feb 2019. 

[opinionated]

Congratulations Brad,

 

I smell what your step'in in....

 

O

[blustar]

We have a possible morning star pattern developing today. A gap up and strong advance is expected tomorrow above 2943 (2953 gap fill?).

 

The normal 16 TD top is due Monday, but I have it as Tuesday or plus 1.  Tuesday evening/Wed morning has a bearish trine top which means it is likely that the top is Tuesday, but 16 TD tops can run 20 TD's and that is Friday next week.  Today can be the Gann 16 TD low +3, but not making new lows here.  I have Sept 3 as the all important low that runs 20 TD's so it is possible we see a strong 6 TD advance into Friday next week to new highs. We'll see.

 

The Bradleys are Aug 15/16 (lows) then the 22/23 (highs) then the 28/29th (highs).

 

The last one was a high on the 7-8-9 and it was a high on the 8th.  The next one (8-15/16) is a low and that corresponds to this low.  The next one is 8-22/23 and is a high and then 8-28/29 high (3/4 TD high like last time?)

 

Today is the 8 TD low and full moon reversal.

[slupert]

The King of Israel, The new Messiah, is buying Greenland. That  should provide enough liquidity for markets to reach new highs.