My website was down for awhile Geccko so you didn’t miss anything. I’m having trouble with hosting company as I’m using up too much resources. I plan to move the site to a new host soon and will have a new look as well.
As for the market, I do see a nice pullback soon but I don’t see the 1867 low being broken. Late November and early December we’ll a move down, and then a Santa Claus rally as usual into the first week of January. The final high should be in the first half of 2016 and then we crash in the 2nd half. Don’t know if it’s a lot higher, just a little or double top? But there is more up coming after a pullback.
Haven’t posted in awhile since I didn’t want to jinx anything but since the indices popped back to their 13 day emas and subsequently went above them, there is no reason to worry since they shouldn’t have reached them if a sustained downtrend was beginning. The indices bounced off their lower BBs last week and now the BBs are tightening and now the lower BBs should level off for the next sign of a top. The high a few weeks ago should have been the top since it came right on cue for a consistent trading day cycle I discovered as well as creating the identical proportion of the initial sell off and bounceback wave from a quaint little time back during the lesser grand ritual.
There is a logical date for the next high based on a Gann turn/ astro setup but I could see a sustained flattish move for awhile as well similar to August.
Yes… two scenario’s: One – Gap up Tuesday morning and make a run for the 2070 area to get very overbought and then top out. That should lead to a drop from there afterwards. How low… don’t know? Two: We open down Tuesday and pullback all day, which will then likely be some B wave down with a C wave up into Wed/Thurs to top then at a higher level then previously thought (maybe 2080-2090?). Then we rollover into Friday and the week after.
ES Morning Update November 20th, 2015 – http://screencast.com/t/L353lyhywm
My website was down for awhile Geccko so you didn’t miss anything. I’m having trouble with hosting company as I’m using up too much resources. I plan to move the site to a new host soon and will have a new look as well.
As for the market, I do see a nice pullback soon but I don’t see the 1867 low being broken. Late November and early December we’ll a move down, and then a Santa Claus rally as usual into the first week of January. The final high should be in the first half of 2016 and then we crash in the 2nd half. Don’t know if it’s a lot higher, just a little or double top? But there is more up coming after a pullback.
Haven’t posted in awhile since I didn’t want to jinx anything but since the indices popped back to their 13 day emas and subsequently went above them, there is no reason to worry since they shouldn’t have reached them if a sustained downtrend was beginning. The indices bounced off their lower BBs last week and now the BBs are tightening and now the lower BBs should level off for the next sign of a top. The high a few weeks ago should have been the top since it came right on cue for a consistent trading day cycle I discovered as well as creating the identical proportion of the initial sell off and bounceback wave from a quaint little time back during the lesser grand ritual.
There is a logical date for the next high based on a Gann turn/ astro setup but I could see a sustained flattish move for awhile as well similar to August.
ES Morning Update November 19th, 2015 – http://screencast.com/t/xtXe9gnxONf
ES Morning Update November 18th, 2015 – http://screencast.com/t/Pn69C25l
ES Morning Update November 17th, 2015 – http://screencast.com/t/E1Nl8TkEiwut
Yes… two scenario’s: One – Gap up Tuesday morning and make a run for the 2070 area to get very overbought and then top out. That should lead to a drop from there afterwards. How low… don’t know? Two: We open down Tuesday and pullback all day, which will then likely be some B wave down with a C wave up into Wed/Thurs to top then at a higher level then previously thought (maybe 2080-2090?). Then we rollover into Friday and the week after.
So you expect to drop big sometime this week?
ES Morning Update November 13th, 2015 – http://screencast.com/t/umnaResR
ES Morning Update November 12th, 2015 – http://screencast.com/t/BGJp7lYDBr