Jan 17, 2014
Warning
The DAX finished 5 waves up a new ATH and reversed today SP500, Russell2000, XLF, Nasdaq, DJ Transportation they all made new highs some of them ATH only DJ not.... be careful not to be surprised to the downside. It is possible that the indexes has topped out. If the SP500 closes bellow 1838 the possibility will be very high the we saw the top two days ago.
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Timely post. I have also been monitoring hurst cycles for VIX and told a few friends to watch for a rise in it today.
ReplyDeleteThe risk is getting bigger and bigger and the reward is not worth any more.... it is "taking profits" time.
DeleteLook at the VIX chart from the beginning of 2013 until now - every time you buy it at 12 every time you make money:)
Hai krasi,how long this downturn will end?whether before this decline continues into crash we will rise once again?tq Krasi
ReplyDeleteThe first downturn should not last very long 4-6 weeks. Before any crash there will be a test of the high. Everybody are watching 1987 crash or 1929 I think the best analogue is DJ from 2000 - http://2.bp.blogspot.com/-YZhnKa7dO4Y/Upd8GP8r-8I/AAAAAAAADWo/dGJcouFBmqA/s1600/w153-10.png
DeleteTq Krasi.GBU
ReplyDelete