The chart posted is and has been a chart to which I have felt the real underlying market moves are true!! We are now fast approaching the final move up in wave E to end the B wave that started in SUPER CYCLE decline from My forecast 12/8 2021 the BULL MARKET ENDED from 1974 and maybe 1932 . So what next well the golden ratio spirals and cycles oct 10th to...
THE CHART below is that of the TROW it has been key to the BIG picture for me and my view over the last 18 months longterm positioning is nearing a good rate of return and pays a great dividend
IHAVE NOW COVERED ALL NET SHORTS .I am now moving to a net LONG AT 50 TO 75 % as of this morning . In fact TROW model told me we would see this sharp drop into cycle low due now TROW also dropped to a perfect .618 at todays low at 109.40 the low 109.18 I am net long and out of any shorts at this point BEST OF TRADES WAVETIMER I will be posting the...
THIS is the Top wave structure as stated back about 10 days ago a cycle peak due sept 10/12 I would now look for another drop into the 9/15 /16 and then the LAST RALLY BEFORE THE CRASH Panic cycle as stated in 12/28/ 2021 forecast OCT 4TH TO THE 20TH FOCUS 10/10 PANIC AND ???
The other day I covered ALL short and all puts as the market reached a very very over sold level in just 5 trading days I made a PROFIT based on the move from 90 to 110 % short at 4244 to 4285 area and took the profit . simple reason the MCO model was at a level I could not be short in fact I went long 25 % at 4130 and now moved that to75 % ...
Five waves down. the low was wave 5 or B I think after something that has been working for over 40 plus years you would trust it . have a good weekend mmmmm took profits last week in vix and now 50 in all the indexes .
Weekly chart for TROW showing price within an ascending parallel channel Price is currently emerging from an expanding wedge formation Once finished it will likely just continue through the channel on this timeframe, as indicated by the arrow
As we come closer to the end of the first leg down in the Bear Market . We are setup for a monster rally of 11 to 14% My last call was 5.8 to 10.8 and we popped 9.2 to 10.3 . The real crash is still into oct 4 th week That will be anywhere from 3250 to 2250 with the ideal target in the 2770 area . AS I FEEL THE US $ IS TOPPING NOW . BITCOIN...
Just an observation: T. Rowe (TROW) appears to have found support on the yearly base line (red line) of the Ichimoku Cloud. Which has proven to be a bottom in past years (2020). I believe that price will try to recover to at least the conversion line (blue line) $140s by the close of the year (if not much sooner). This will also bring the price back above the...
The chart posted is the clearest of all the charts outside of my trow model
I view this as a very strong move to the upside in the near term back to a .382 in an abc rally this should be rather bullish for ALL THE INDEXES .I wanted to post this at 7 am but had to be a doctor for 8 am today
1962 2021 war cycle open your eyes and mind and not the tv or youtube the answer starts with all things are connected . all things have a natural law
CYCLE TURN IS DUE 2/16/ 2/18 I AM 50 % NET LONGTROW 145 You have all you need to be on a the right side to make $$$ . So turn off the talking wall and watch the charts !! NOT the BULL SH!T
90% net long option in calls still and 75 % net long the index across the board . most of my work and timing and models are in a place you DO NOT WANT TO BE SHORT AT ALL THE BLOW OFF WAVE 5
I have been posting that the spring and a date jan 27 time frame would be an event I feel that the downside is focused at gold ratio support and max fear this is wave A within the bear market the final low is due oct 4 of this year but we are near the bottom and will soon see a rally for a few weeks after this cycle is ended .I will post detail later...
Monthly closed a 2 candle FVG and created a breaker- in the process. Trade setup is invalid if the 3 candle FVG closure is hit first. We actually want to use it as a target.
ENTRY: 217.55 SL: 205.37 TP1: 229 TP2: 235 - ADX<20. Would like to be higher. - RSI>50. - Holding around pivot point "P". Optimal if price maintain above it. - Entry based on breakout from VZ today. - Strength meter shows weakness so entered with lower risk.
ENTRY: 204.26 SL: 195 TP: 212.41 - ADX<20. Would like to be higher. - RSI<70 but >50. Uptrend still intact. - Possible hidden buying and stopping volume on 29 Jul 2021. - Entry after breakout from VZ. - Strength meter shows strength.