14 replies to this topic

[blustar]

Bought more longs on pull back today, which was wave x of a wxy inverted bear flag.  I'm looking for the 3040 area Thursday on the Sun trine Pluto and the 4+1/8+2 TD max top. Monday should be down pretty hard.

 

My blog explains everything. We are seeing a rare "triple irregular top" now with an irregular bottom in the last y wave top due tomorrow.  2700 or just below by around Oct 2 is still my forecast.

[Harapa]

Be careful:

Turbulence in FOREX markets is not good for US equity bulls...

[slupert]

"inverted"    ????   what does that REALLY mean?   ;>)

oh  c'mon Chief! its irregular upon irregular upon irrregullar, is that not as clear as the nose on your face?

Edited by slupert, 19 September 2019 - 02:41 PM.

[blustar]

Thursday was up like I thought, but not to new highs.  Looks like a double top reversal with a hard drop on OPEX Friday.  Support around 2951-57.  Today had Mars trine Pluto, so an important top.  Friday's bottom should launch hard up into Tuesday where we have Mercury sextile Jupiter.  Follows the 8 TD tops and 32+1 top (9/12) and bottom (32+1) due Friday.  The 24th should be THE top of this series near 3046.  I'm thinking we go down to at least 2840 by Oct 2.  The wild card is Terry Landry's (spelling?) ringing cycle low, which is due in my book around Nov 4/5.  I see new highs by around Dec 12/13. Next year is another matter altogether.

[blustar]

My cycle lows and tops could be extended out one trading day.