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with regards to the market TOP calls


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#1 andr99

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Posted 03 August 2019 - 03:31 AM

lately appearing in so many finanacial articles in the internet, I would like to say what I think. In my opinion Western markets still have a huge upleg before topping out. I think we're going to see a market top at year end or jan-feb of 2020 which doesn' t mean the spx starts to drop soon after. There might be distribution lasting till the American elections are over and then the drop might start. In any case we're not at the top, now.....in my humble opinion.


forever and only a V-E-N-E-T-K-E-N - langbard


#2 tsharp

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Posted 04 August 2019 - 06:17 PM

lately appearing in so many finanacial articles in the internet, I would like to say what I think. In my opinion Western markets still have a huge upleg before topping out. I think we're going to see a market top at year end or jan-feb of 2020 which doesn' t mean the spx starts to drop soon after. There might be distribution lasting till the American elections are over and then the drop might start. In any case we're not at the top, now.....in my humble opinion.

 

McClellan agrees with you:

 

Breadth-2-1-7-19.jpg

 

And my fractal work does also...

 

And now my focus changes from my 1.4.19 forecast, to my 2.15.19 revision to that forecast:

 

SPX-D-2-15-19.jpg

 

 

SPX-D-8-2-19-1.jpg



#3 bighouse1006

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Posted 04 August 2019 - 09:15 PM

The market likes to condition people. All I see are similar bullish back testing data like the one you posted on the web.

#4 alexnewbee

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Posted 05 August 2019 - 12:41 AM

lately appearing in so many finanacial articles in the internet, I would like to say what I think. In my opinion Western markets still have a huge upleg before topping out. I think we're going to see a market top at year end or jan-feb of 2020 which doesn' t mean the spx starts to drop soon after. There might be distribution lasting till the American elections are over and then the drop might start. In any case we're not at the top, now.....in my humble opinion.


IMHO, everything is ready now for one more leg up, to 3100 +- which might mark the top.
So quite a move, but not huge.
I could be wrong of course )
"we do G.d's work" Lloyd Blankfein

#5 gannman

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Posted 05 August 2019 - 02:02 AM

i disagree i think we topped


feeling mellow with the yellow metal


#6 blustar

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Posted 05 August 2019 - 09:12 AM

 

lately appearing in so many finanacial articles in the internet, I would like to say what I think. In my opinion Western markets still have a huge upleg before topping out. I think we're going to see a market top at year end or jan-feb of 2020 which doesn' t mean the spx starts to drop soon after. There might be distribution lasting till the American elections are over and then the drop might start. In any case we're not at the top, now.....in my humble opinion.

IMHO, everything is ready now for one more leg up, to 3100 +- which might mark the top.
So quite a move, but not huge.
I could be wrong of course )

 

blu here  I'm inclined to agree with you a move to 3100 possible by the 19th or so

 


Blessings,

 

blu

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