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... Geccko23

They didn’t get it to 4800 or get circuit breakers but it got to around what my calculation for 18% drop off the high generally was like the first leg down in 1929. They took their sweet time this time.Then it was 5 weeks down. This time it was 5 unobstructed red weekly candles down but 44 days. 44 days to 4-4.

I think the market will be up on Monday. We did not get any bottoming tail at all so we have to rule the April 2000 analog out. Trump could make some resolution statement over the weekend that would get the market skyrocketing. The other alternative is the March 2020 bounce off the 100 week average but that bottomed with a major bottoming tail candle below the lower Bollinger Band. And the market just tested the 13 day average a couple of days ago. (the ultimate destination for the bounce in 2020)

... geccko 23

Watch out for a quick little flash crash to your 48 FP. I think the SP hit its 100 week average. I’ll check all of that after the close. The market looks like it will be up on Monday. It’s completely below its lower BB.

... Geccko23

They gapped it down another 100 pts (SP) after futures reopened. I don’t think the market will be coming back by tomorrow morning.

... Geccko23

There’s some fake guru touting that he’s 9 for 9 but he was touting being all in long at the end of the day and he never had an April 3 down prediction. Don’t pay attention to that clown unless you want to read him. The guy hasn’t been close for trading purposes and he’s constantly flip flopping and coming up with a new marker. (benchmark)

... Geccko23

What a day of shenanigans. They were still trying to squeeze me in after hours. Now less than hour later, the markets are down near the weekly lows. I rode the rollercoaster back down and added out of the money the puts that were nearly in the money a half an hour later. Once again the wolves in the internetosphere were leading the sheep astray.

April 3, 4 2000, October 3,4 1929, basically the same thing. This last few days of rally (into day 2) was combination of 2000 and 1929. The SP 500 got up to the 13 day average and closed below it and got up near to the 20 day ema which was 1929ish. Oct 3 and 4, 1929 were a Thursday and Friday.

I don’t think they are going to do anyone a favor and let anyone get in the freefalling elevator at a good price. There won’t be any fakeout low open like today. And we once again saw that box and handle bear fakeout pattern on the hourly chart over the last couple of days (like on the daily last week).

... Geccko23

Actually we’re back to the early April 2000 Nasdaq pattern model. Pattern match the last two days.

... Geccko23

This up close has created varied posibilities. At one point it looked like the pattern from October 2.1929. But it closed too high for that candle. The next two days are bearish astrologically, especially April 3rd.

We have room to run until the end of the week to establish the opening monthly range. We have room to run into next week for something even bigger. A certain little indicator is still heading south and by my calculations should hit a certain trend indicator today which would confirm the continued trend downward.

They kept things very bullish looking with this close but all TD downcounts are still intact. I would still look for a drop to the 100 week average and see how things are unfolding if we get there. This positive close doesn’t make any sense unless Trump revokes his tariffs. It’s a sign of a lack of fear.

If we follow the early October 1929 model (after the 1st week drop) we could then pop back up to the 50 day average and things would get pushed back to late April when there is some very harsh warlike astrology.

It was 8 days up from the 3-13 low into last week’s high. Another 8 days down to a 4-4low?

I don’t think they are going to waste some prime Venus and Mercury retrograde especially while all these planets are aligned with them in Pisces.

... Geccko23

It is a double bottom on the SP500 but we closed positive. That would vary from certain historical instances of a first wave bottom. I think we are following the 2000 scenario and we probably get a flash crash scenario like the first two trading days of April 2000 over the next two days. Maybe we completely erase todays bar on Tuesday with the hard plunge on Wednesday (to the 100 week average on SP and Nasdaq). Then a big bounce into the end of the week.

The daily Bollinger Bands need to reset. The market touched the weekly Bollinger Band this week today so it’s still in hugging mode. We would need a couple of negative days to align with 2000 via a certain indicator and get it’s offspring into a more sinister location (with attendant mega sells).

We’re also in Mercury Retrograde so the fierce selling should be taking place in this period. I don’t like early April numerologically speaking but we’ll see how the markets take us.

The market has to establish its opening monthly range for the first several days of the month so it really shouldn’t go anywhere anyway.

... Geccko23

Big down day on Monday. Big bounce on Tuesday. It should be a hard drop to the lower Bollinger Band. After Tuesday, we’ll see what happens. A double bottom would mean something is off. I don’t like early April for denouement but the bad astrology continues into the 2nd week. We did get a disguised weekly reversal but it wasn’t completely engulfing (the last two weeks). They have computers or Skynet running the stock market. They know just how to keep you guessing with incomplete patterns and closes.

They kept a bear flip from completing until the last possible bar an now we have one. Now that I think about it, the markets are still in a TD bear count on the weekly.

... Geccko23

We’re not really set up for a big decline quite yet so Monday might not be the day although I think we’re going to get some negative follow through. It should be a trend down month for March. April next week doesn’t feel right either. I need to check this week’s bar. A certain indicator which is back to heading south should lead the way in cluing.