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BIG Rally Coming!

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#21 K Wave

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Posted 03 February 2020 - 11:37 AM

Trannies still acting relatively awful....

 

Until they start to show some sign of life, and can clear and hold 11K, I would be a bit leery of the long side.
Right now, looks like massive throwover failure at 11K.

 

Multiple longer swing time frames will enter bear mode if can't hold Friday's low on Trannies.



#22 alexnewbee

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Posted 03 February 2020 - 12:26 PM

Today is up strongly as predicted. 3340/50 s by Feb 5 looks likely

The 5th Feb should have been strong down initially, no?

Why do you change your scenario so often?


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#23 OEXCHAOS

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Posted 03 February 2020 - 01:33 PM

I'm concerned that we're not getting updates on Deaths from China...


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#24 K Wave

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Posted 03 February 2020 - 03:10 PM

I'm concerned that we're not getting updates on Deaths from China...

Here is Link that is tracking it all, although it seems to have slight delay to some other sources.

 

But it shows the recoveries as well, which at this point, are not all that encouraging.

Hopefully the ratio of 362 deaths to 536 recoveries will improve dramatically soon.

 

https://gisanddata.m...423467b48e9ecf6



#25 SemiBizz

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Posted 03 February 2020 - 10:27 PM

Fundamentally, China has been the Global Growth Engine 2000-Present.

 

When you lose momentum there with other global participants already either in recession or close to it...

 

We could have a very big problem

 

As far as the stocks, the bankers will keep on creating cash out of thin air and running them up...

 

Until that doesn't work anymore.


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#26 stanley

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Posted 03 February 2020 - 11:24 PM

I'm concerned that we're not getting updates on Deaths from China...

 

 

 main link http://www.nhc.gov.cn/

 

index_logo.png

 

daily updates link:  http://www.nhc.gov.c...zbd_index.shtml

 

 

疫情通报

 [ use An English translator can read the numbers ]

 

for example:

 

after some brief editing:

 

As of  3 February, the National Health Commission had received a cumulative total of 20,438 confirmed cases  reported in 31 provinces

2788 cases of severe illness,
425 cumulative deaths,
632 cases of cured discharge,
23,214 suspected cases.
171,329 are currently under medical observation.


Edited by stanley, 03 February 2020 - 11:25 PM.


#27 blustar

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Posted 04 February 2020 - 09:32 AM

 

Today is up strongly as predicted. 3340/50 s by Feb 5 looks likely

The 5th Feb should have been strong down initially, no?

Why do you change your scenario so often?

 

No, I said Feb 5 top and Feb 13 low



#28 gismeu

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Posted 04 February 2020 - 10:24 AM

<<<No, I said Feb 5 top and Feb 13 low>>>

 

 

Blue, is that based on astrology or EW?

 

thanks, gis


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#29 bigtrader

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Posted 04 February 2020 - 12:28 PM

Nice call Brad,  few others post an actual trade  


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#30 blustar

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Posted 04 February 2020 - 01:35 PM

SPX 3315 area on gap up Wednesday is now my minimum upside target. It could be that only the NASDAQ makes a new high here.  Right now 3315 looks like a shoe in early Wednesday. Based on Astrology, Gann and E-Wave. I'm selling into strength.  More selling is coming after this rally and it could be huge! This a bearish WXY B WAVE if we fail to make new highs on the SPX and Dow 30  For the NASDAQ it is an abc Y Wave for sure.







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