17 replies to this topic

[SteveB]

Well, that explains it 

[bigtrader]

vix expires wed too

[blustar]

Just a quick update:

Looking over the charts, it is possible we get a top on Wednesday, then a sharp a-b-c zig zag down into the 26th, with 'b' being early Friday. A BIG gap down is due on the 26th into the mid to upper 4500's. We may easily double bottom on the 2nd of Jan and then rally from there into Mid Jan (17-19th?).

 

The 2 and 4 year cycles show uncanny tops in January going back to Jan 2018. It may have to be an irregular top of Z. The current topping pattern Y is not due until the 20th, so a minor pull back is due early Tuesday on the 4+1 TD expected low, another is due on the 26th, then the 2nd of January. 

 

A higher irregular top in mid Jan would meld with mid Feb 2020 and could easily make a new high on the SPX above 4800.

 

This does not negate the warnings about a terrorist attack (or 2) and an attack on our Naval Fleet toward the end of Dec 2023.

 

Not does it negate a bigger false flag Black Swan Event starting mid January

[blustar]

The NEG D's continue! Today should represent a 4 TD top "y" wave at 4 TD's, "x" being 1 TD and "z" being 3 TD's. x + z = y, the Balance of Waves Principle. 

 

A 5 TD low would be due Thursday and a 6 TD top early Friday, which in most cases should be a 'b' wave with the exception of the strong Generals in the NDX, which could form a 'y' wave of "z".

 

The market is ripe for a hit and that could easily come over the Xmas Holiday weekend with a terrorist attack.

 

A move into the 4770's looks likely today after some early weakness. By the 26th we could easily see ~ a 190/200 point drop from Friday's early peak into Dec 26, a full moon.

[12SPX]

Hmmmmm this time I wonder about agreeing with you as I just saw a post from Jim Bianco saying "

In just 5 days, $SPY has taken in $50B+, more than any other ETF YTD! This is the biggest 5-day take for $SPY since January 2018. FYI - the following week Jan 30, 2018, was vol-maggeon, (the $VIX went from 12 to 50 in 3 days and the $SPX plunged 10+% in 9 days)" 

 

I can't remember what year it was but it wasn't that long ago that I woke up to a massive down day on Dec. 26th for no real reason that I can remember which was interesting, makes you wonder....

[q4wer]

WOW

[blustar]

The SPX made a high yesterday into the 4770's (4778/79) as I expected and dropped hard into a 4 TD low. An irregular bottom was also made. We are breaking down out of a Rising Wedge pattern and yesterday being a false break, the next expectation is move back inside the wedge to near the center point and that hits very near 4778/79 by early Friday.

 

We may see a double top on the SPX, but the NDX is more likely to do that than the SPX. We should see failures on other indexes as the Generals lead the bullish battle charge with fewer and fewer troops.

 

X+Z=Y... Y was 4 TD's, X was 1. That means Z is likely to be 3 TD's from yesterday and that is Dec 26. With a move above yesterday's high, we create yet another irregular top and this is where it gets dangerous for the bulls, as now comes a potential z of Z, the third of the third, the classic mini panic!

[Rogerdodger]

vix could be pointing to a low today and s/t oscillators looking overdone on the downside.