Jan 24, 2026
Update
From the last high this is month 14 so we have the minimum length for 18 month high and this is 4 years after the previous important top. It is done or it could take a few more weeks.... I do not know.
The most simple view - wedge pattern which is an ending pattern, the price broke lower, gap closed, testing the broken trend line and now it is lower.
Or it could take a few more weeks to complete the c-wave with some bigger wedge or what ever it is.
This will be such an epic fail - https://www.neowave.com/tradingblog/blog.asp?bid=147
ReplyDeleteI agree. LOL, c'mon Neely, since when is a rising wedge bullish? Per John Murphy, "... the market analyst should always be guided by the general maxim that a rising wedge is bearish, and a falling wedge is bullish." Then he continues to jump the shark with the assertion "Cash Level (S&P) 3491.00 will NOT be broken for 50+ Years!". Place your bets accordingly ...
DeleteDo you think from April it's A and we have to see B and C ?
ReplyDeleteNo, if there is another higher high is 4/5 of c like this - https://invst.ly/1ey0hx
DeleteThanks, do you see the bear flag at the dollar monthly chart ?
ReplyDeleteThere is no bear flag the USD is bottoming - major low.
DeleteHow do you see the crazy growth of silver? Is it too late to enter? Some analysts are pointing to further growth, given the international situation and the depreciation of currencies.
ReplyDeleteFor me it is too late maybe there is some 4-5 waves left in the next 6-12 months, but it is too risky - https://invst.ly/1ezhfs
DeleteWait for a few years it will be cut in a half.
what is your call on SP500, you are expecting a bump higher and then down through mid summer - 10-15% down?
ReplyDeleteTopping now and 20%+ correction
Deletewow~ that's 1200 pts of downward move! are u sure of that? the count looks to end at 6700-ish. what can cause a big down move like 15%?
DeleteYou have really short memory... it is less than a year when we saw more than 1300 points loss from the 6000 level, but 1200 from 7000 is impossible - are u sure of that?
Deletedo you have a update SP500 chart? looks like bullish all round up?
ReplyDeleteThe second chart no need to update
DeleteThe dollar break the Long term channel, eur almost 1.2
ReplyDeleteThan buy EUR
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