Smitty61

Smitty61

Apple share price (AAPL) plot above, inverted real rates (0-REAINTRATREARAT10Y) plot below + 1M 200ma, from 1983 to 2023. Results: -Strong inverse correlation with 10-year real interest rates and AAPL share price. -Real rates < 2 % positively correlate with stronger AAPL returns. -10-year real interest rates bounced from the 2 % level in September 2022 ......

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S&P (in this chart ES futures) divided by EURUSD (in this chart Euro futures): The whole of 2022 could be Wyckoff distribution, now entering Phase C, the shortest phase. To confirm the pattern and continuation to phase D, look for: Fed hike less aggressively in 2023 ECB hike more aggressively in 2023 A move up in EUR (a move down in DXY) A move down in...

Smitty61 Updated 

Charting all possible events is useful, however unlikely they may be. Logarithmic channel drawn from 1897. Overshoot in 1929 and symmetrical undershoot 1932. Throw-over and rejection 1987. DJI entered hyperlogarithmic growth post-1995. Bounce off channel top trendline 2009. Maximum downside from 2022 high (symmetrical undershoot): -90% loss - In "no bail-outs"...

Smitty61

A possible bull flag from the year 2000 to 202X (unknown until breakout confirmed) Large volume support at $50-$60/share. Additional EWT considerations: Wave 1 up 1969-2000 Wave 2 down 2000-202X Wave 3 up 202X-?

Smitty61

November 2010 - November 2012 WALCL ~ +20% TSLA ~ +100% November 2012 - November 2015 WALCL ~ +60% TSLA ~ +600% November 2015 - November 2020 WALCL ~ +60% TSLA ~ +600% November 2020 - WALCL ~ +24% (ATH) TSLA ~ +240% (ATH) ... Input 1 Assets: Total Assets: Total Assets (Less Eliminations from Consolidation): Wednesday Level WALCL Input 2 Tesla Motors, Inc TSLA

Smitty61

Assets: Total Assets: Total Assets (Less Eliminations from Consolidation): Wednesday Level WALCL/100000000 versus Tesla Motors, Inc TSLA/1000