BC6

SPX about to perfect a major weekly TD sell signal.

Short
FX:SPX500   S&P 500 Index
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UPDATE: The weekly TD sell signal confirmed, possibly setting up the 200 DMA to TDST 1398/1329 in the next 7-8 to 13 to 21 weeks.

UPDATE: A close the week of Dec 5 below 1770 or Dec 12 below 1798 is required to confirm the weekly 9-13-9 TD sell signal with TDST supports around the 200 DMA and 1330-1400.

UPDATE: The cyclical bull market within the ongoing secular bear market is coming to an end with coincident daily, weekly, and monthly TD sell signals occurring. It's time to sell and step aside from longs for the next 12-16 months.

UPDATE: So far the SPX has held the TDST stop for a weekly close at 1817. Will the bots run the stop? The monthly stop is at 1835.

Also, the SPX just touched 1808, the order of exponential magnitude increase from 666. Is that it?

UPDATE: The Mother of All Mothers of cyclical stock market sell signals perfected today. Now the question is whether or not the algobots will take out the weekly and monthly stops at 1817 and 1835.

Moreover, there are only three other periods in US stock market history when Oct. YTD matched or exceeded the performace in two successive years as in '12 and '13: 1928, 1936, and 1989, with the former two periods preceding the largest stock market crashes in history before 1973-74, 2001-02, and 2008-09.

Suffice it to say, we are witnessing among the biggest stock market blow-offs in world history, exceeding even the manic markets in 1999-2000 and 2006-07.

UPDATE: A weekly 9-13-9 TD sell signal perfects this week with the first TDST support/stop around the 200 DMA, with the lower TDST level in the 1320s-1400 (beginning of '13).

Along with the mega-bearish monthly 9-13-9 TD sell signal that perfected in Oct. at Fibonacci 55 months from the Mar. '09 low and EW 1:1 projections from 666, 1010, and 1074, the combination of these weekly and monthly signals is occurring for the first time since the cyclical tops '07 and '00 before the 50% and 57% crashes.

The Mother of All Mothers of stock market sell signals is occurring this week. Whether or not the TBTE banks' offshore dark pools and their exchange-sponsored algobots permit the crash to occur remains to be seen.

UPDATE: A close next week above SPX 1705 sets up the potential for a decline over the subsequent 8-9 weeks to the 1300s-1400s into year end or early '14, which is atypical for the strong seasonal period, but not so for bear markets. This pattern would fit the idealized first leg down for a bear market, which would then be followed by a reaction rally during winter-spring to summer '14 to test the 200 DMA before rolling over again for a larger crash wave in fall '14.

Note that since early Sept. and early Oct. the SPX has accelerated to a compounding doubling time of 8-9 to just 4-5 months in the past 2-3 weeks from 11-12 months since June. This is a classic bubble blow-off trajectory that ALWAYS ends in a crash, taking prices back to the point at which the bubble trajectory commenced. In the intermediate term, the bubble acceleration rate began in Dec. '12, implying a mini-crash wave will eventually take the SPX back to ~0% or negative yoy in the 1300s.

Stay tuned and be forewarned.

A weekly TD Sell Setup will qualify and perfect next week coincident with a weekly 9-13-9 TD Sequential sell signal.

Moreover, these weekly sell signals are occurring following a mega-bearish monthly 9-13-9 TD Sequential sell signal having perfected in Sept. with a stop at 1834. This pattern occurred in 2007, 2000, 1987, 1973, and 1929, and at 3 of 4 major tops in Japan since 1989.

However, the current 3-, 6-, and 12-month, and 4-year rates of acceleration for the SPX have only two historical precedents going back to the late 19th century: 1928-29 and 1986-87. The US stock market is now exhibiting a super-exponential, log-periodic, power-law blow-off trajectory that has ALWAYS ended in a crash of 30-50% or more. The largest crashes in stock market history each exhibited the blow-offs and the TD 9-13-9 sell signals.
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