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Intermediate top Harley Market Letter


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#1 linrom1

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Posted 10 June 2021 - 08:50 AM

Stan Harley of Harley Market letter is calling for an intermediate top on 6/9-10 +/- 1 day.



#2 Douglas

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Posted 10 June 2021 - 09:20 AM

Stan was on Larry Pesavento's show yesterday saying the same thing.  Stan starts talking at about the 25 minute mark in Larry's video linked below.

 

June 9th, Trade What You See with Larry Pesavento on TFNN - 2021 - YouTube

 

Regards,

Douglas



#3 fib_1618

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Posted 10 June 2021 - 12:01 PM

Early call at this stage as there is enough fuel right now to feed the current longer term uptrend into early July...maybe into August with just enough push.

 

Fib


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#4 LMF

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Posted 10 June 2021 - 12:52 PM

The only thing showing something like this is the Bradley chart. Just routine pullbacks from here. See about the august September time frame.

#5 da_cheif

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Posted 10 June 2021 - 08:36 PM

ol macdonald hada farm.....with a top top here anda top top there..........cmon guys   no top of substance till there is euphoria.......AAII shows 60% out of the mkt.....with just as many bears as bulls......and most here  are living proof that the wall of worry remains in tact .....oh what am i gonna do witchu.......6750n0

 

https://www.siliconi...?msgid=33355899


Edited by da_cheif, 10 June 2021 - 08:45 PM.


#6 LMF

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Posted 11 June 2021 - 10:37 AM

Right now its the daily down trifecta again......not exactly useful conditions for a market peak anywhere on the horizon yet. SPY marginally down, TLT down and Gold down. They recently did another 1-10 reverse on UVXY and its already down from 38 last week to 30 so far today.

Edited by LMF, 11 June 2021 - 10:38 AM.


#7 pdx5

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Posted 11 June 2021 - 02:36 PM

Early call at this stage as there is enough fuel right now to feed the current longer term uptrend into early July...maybe into August with just enough push.

 

Fib

I think you are closer in your estimate about the top. Right now many are buying the meme that inflation recorded in April & May is just transitional. So the whites in the eyes of the top are not yet visible.


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