shri30389

shri30389

DXY - Short-term move (within 30-45 days) Bullish Harmonic in play.

shri30389

Vanguard FTSE All World-Ex US ETF - Short Idea based on Bearish Harmonic.

shri30389

TNX Bull Flag. Appears breakout may occur by next week.

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German Dax. Ready to roll over again, deja vu - March 2020?

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Hang Seng Index Broke down from October 31 2022 Trendline. Now enroute to backtest before making new lows over the next 2-4 weeks.

shri30389

Potential DJI Crash Idea. Within 2-4 weeks. Good luck everyone, NFA, DYR. If no crash, new bull run, LFG!

shri30389 Updated 

Realty != Belief The secret to this market is to lower your expectation continually. Bulls do not realize they are sitting in the largest bull trap ever setup. Macro bottom still pending... it's more of the same: drop, consolidate, drop. A wise Bera once said: Resistance is infinite and unbounded. When a level is broken, there will always be more...

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Bearish Harmonic on Gold that could potentially send it price sub $1700. If so, DXY = 116 - 130+

shri30389 Updated 

Will they bring down global markets, along with Crypto (at least temporarily)?

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Is the greatest market euphoria ahead of us? New ATH before the big bust? Traders enjoyed a 3 year Fed pivot rally, that began in early 2019 and continued through 2021. This was 3 times the size of the blow-off-top in 2006-2007. Is a Fed Pivot Rally In The Cards?

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One valuable yet overlooked, a tool for gaining insight into the market is the Value Line Geometric Index (VALUG). VALUG index contains a mix of roughly 1,700 stocks from the major North American market indexes. It is equal-weighted, uses a geometric average, and has a daily change closest to the median stock price change. VALUG uses an arithmetic mean, with...

shri30389 Updated 

The Fed money tightening policies are using interest-rates as a lever to fix a balance sheet problem. Higher rates feed right back into the CPI, initiating the doom loop. After the financial crisis of 2008, The Fed employed a policy action to reduce the federal funds rate to a range of 0-0.25% for seven-(7) years, during which time the CPI fell. Post-pandemic...

shri30389 Updated 

The decline in junk bonds is generally an indication of high market risk. In this type of enviornment, investors of junk bonds demand higher yields to compensate for additional risks. As bond yields and prices are inversely correlated, higher yields cause junk bond prices to fall; a repeating pattern over the last two decades. When markets face a significant...

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Do not pray to the false gods of guaranteed bailouts. "The problem with all this is that it's their own policies that created the fragility, their own policies that created the dislocations and now we're relying on their policies to address the dislocations," Peter Boockvar of Bleakley Financial Group said. "It's all quite a messed-up world." -CNBC Not everyone...

shri30389 Updated 

UK is a warning signal for everyone. This is what happens when central banks attempt to pivot in the current inflationary environment. The Global Lehman event accelerated after the September U.S. CPI, but was paused by BOE temporary intervention. Next U.S. CPI follows the end of BOE intervention. A Lehman crash now equals approx -60% in GDOW/SPX. The softer...

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Bears and Bulls await for the "Great Reset" (or as the Fed might state: "financial accident") that will lead to the Fed Pivot. The question is where (and when) will the pivot occur? "Watch your step while peering into the abyss. The cliff edge is crumbling faster and is closer than we realize..."

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When capitulation arrives, markets will explode. Exploding the rampant fraud and exposing the ponzi like a pinata being popped, spewing candy out.

shri30389 Updated 

Nothing to see here. Just a placeholder to look back to, in the future. "only the oldest participants have experienced real capitulation and nobody listens to those old codgers because this time it's different"