Jul 11, 2026
Update
There is no triangle, which is not a surprise. The b-wave and 10w high is completing and next week the c-wave into 20w low first half of August starts.
Do you notice how all comments are allowed - this is archive of the stupidity at important high.
b-wave running as suggested last week and to wait for 10w high mid-July. Notice how since the high of the third wave every high hits the RSI trendline....
The cycles confirm the pattern with two months between the top of the fifth wave and the b-wave.
Last week posted Europe weekly chart if you think SPX is different good luck - the same pattern with the same perfect measerments exactly 4.5 years after the previous high. Next is decline into August 20w low and high in September 20w high then lower to the next trend line and support.
Subscribe to:
Post Comments (Atom)
20w high in September could be around 8000?
ReplyDeleteYou have to count impulse instead of a zig-zag - not my first choice.
DeleteAugust still could be 18m low at 6000 ?
ReplyDeleteIn this case it is difficult to have sequence 18m high-low which makes sense.
DeleteEither very long 18m cycle with two 18m lows between the highs or short 18m highs.
You have to be kidding with the rsi trend line? Now your desperate for a drop.
ReplyDeleteThat is not the reason - just another red flag for those who want to see.
DeleteAnd price reacted as expected - another dumb ass looking stupid.
How are you missing the massive bull flag? Oh wait because you've been a permabear since 2009.
ReplyDeletefirst learn what bull flag is....
Deleteiran war news yet market won't tank!!!!! how can this be??? still bear?
ReplyDeleteWhy should I justify your view what moves the market?
DeleteI do not care about news.
So out of date technical charting a, b, c and 1, 2, 3….. and i, ii, iii so
ReplyDeletePlease share your advanced technical analysis?
Deletebanks record profit, still crash?
ReplyDeleteTroll levels at extremes. Ibm and oil is warning everyone but the party is just too loud to listen.
ReplyDeleteRunning your blog through ChatGPT and grok your long term charts are wrong 80 to 90 % of the time since 2009. You have a mental disorder. Post that since all comments are allowed.
ReplyDeleteYou must be the sheep that made money while we sat and watched these
ReplyDeleteRidiculous charts
Money is rotating out of tech into other sectors. This doesn’t look anything like a crash. People would be selling everything. You will continue to be wrong long term.
ReplyDeleteWhen you say so.... the sheep do not get it - it is planned, it is needed for the new normal.
Delete