Finding the edge in analyzing unique market Cycles.
so, you see one last push to 1395 SC? Monday and Tuesday very negative?
Yes rally some more for SPX today. Then early next week we should see that plunge. The target for that is 1355-60 SPX.
So basically a double bottom with April 10th.
sc, when do you want to switch to uvxy, today or monday?
Probably switch later today. I would like to see it come down into the $14's in any case.
Will you scale in when its in the $14's, or will you have a full position by the end of the day?
SC rally for silver also today ?Thanks
Provided that it drops down into that range I'll put a full position in place.
I thought Silver may bounce better along with SPX but it only managed a small pop. It can bounce some more, probably will, but I think both Silver and Gold should head a little lower next week.
Back at that same resistance for SPX, but this time should have the strength to break it and head higher.
SCYou say that silver will not be $34.But you were so sure.Anyway,what is silver top target now early next week?
and if not? Will you pay a higher price given Monday and Tuesday will be negative?
Hi SChow high do you see us going today in snp as a forecast before you make a switch with XIV to UVXYThanks!
Silver did bounce but has been sluggish. A pop into the $32's looks probable.
1398 SPX is the red fork target. I'm going size things up later in the day.
Just getting that feeling that the market is going to reverse this afternoon.
Anyone playing NG? HNU/HND?Thoughts?
I've been watching Nat Gas closely. I believe it is getting close to bottom with a bull market to start next. It needs capitulation down to $1.75 or something to mark a bottom imo. It can bounce sharply here and there, but a little more downside and the turn looks close at hand.
Based on your analysis, do you think it is due for small jump from here? and then plunge?Thanks
NG has been sliding down that trendline above since mid March. Could see a sharp pop if it can break above, but yes the bottom probably is lower yet.
CRUDE UPDATE CHARThttp://img571.imageshack.us/img571/2755/crude.jpg
SC are you short yet?
No, still waiting. May wait for Monday.
Interesting. With such confidence in Monday/Tuesday being ugly days, not to mention the SPX already went up to 1392 on this leg, seems strange you would take the chance.I sold my HVI at $9.20 today and bought HVU at $4.25 for the weekend hold. Perhaps the IMF has good news this weekend....I think spanish bond yields along with the French election results will dominate Mondays market.
Partly it's because my cycle analysis is positive this weekend so my thinking is that translates into another up day Monday. Between Monday and Wed the bottom should fall out though.
SPX holding well today. Likely to see the rally continue on Monday imo.
Hi SC I need your help here normally RSI and Macd crossed up so it must go up higher 5hours charts showing going down and daily chart still showing it will go up futher which one is correct ? with your opion you will base on 5hrs chart or daily chart ?
Myself I think we're heading higher.
Thanks for your confirm SC , my daily chart shows market will go higher but 5hrs chart showing it 'll go down i m confuse :)
It's because of all this chop that they are pointing in different directions.
looks like the market reversed as I felt it would this morning....lets see how it plays out into the close.
Hi SCyou holding your XIV over this weekend then?Thanks!
Hi SCwondering if there is going to be new update over the weekend for vix or spx?Thanks!
Yes, updates are coming. I have a specific plan for next week.
SC, what do you think for silver on Monday ?Thanks
Silver should manage to pop.
Well, it tested and again failed to break resistance at 1388. This is a bad sign not only in that it failed, but fell all the way back to 1379. I guess we'll see come Monday, but to repeatedly test and not break, could suggest a big drop coming which you already see. Question is whether that happens before market opens on Monday or after....
anyone notice SNP hourly chart?? check pattern from 3-06-12 thru 3-29-12...now compare that to 4-10-12 thru today...look kinda same?? a lil' bro to the big bro. Bradley turn 4-23 could be the next high before it goes over like big bro did...time will tell.
Thank you, nice looking fractal.
Next week will be an interesting week to study the influence of geocentric and heliocentric effects on the markets.On the Geocentric fronts - we have mercury translating the Uranus Pluto Square. Mercury will sit in between Uranus and Pluto on around the 24 Apr in the cardinal sign.We also have an aspect of Sun making a waning trine (240 deg) to Mars. In lose combination to the following week Sun trine Pluto aspect - thus the Sun, Mars and Pluto are in a relatively loose grand trine configuration in the earth sign.On the Heliocentric fronts - we have 2 heliocentric cycles occurring in close succession. One is the Helio Mercury conjunction to Helio Pluto, the other is the Helio Venus conjunction to Helio Mars. Both these cycles occurring in the cardinal sign will come in around the 22-23 Apr.I suspect the markets will be receiving lots of cosmic energy from these cycles, and the volatility of the markets is likely to rise.http://imageshack.us/f/138/screenhunter08apr210939.gif/http://imageshack.us/f/692/screenhunter10apr211001k.gif/
Ok so do we go up or down chief?
Hi Timer I 'm confused :(whatever happen up there ( geocentric and heliocentric ) why it effects the market ? Sorry , properly i m lost . Please explain ...Thanks
Sami,There is a weekly cycle that is peaking next week, there after the dominant weekly cycle is pointing down for the month of May into June. Thus my guess is a pop or "head fake" move either till Monday or Tuesday, then a sell off to start towards the weekend.Destiny,I am a student of financial astrology cycles. The theory is that market moves in reaction to multitude of cycles, and some of these cycles are represented by the natural astronomical cycles as occurred above us. Our daily life (day and night, seasons, etc) is affected by cycles - by extension of this thinking, it covers everything else. I started as a skeptic, until I have observed enough of the market movements correlation to the naturally occurring cycles, to start accepting the unthinkable.
Timer You sound like one of my friend , he mentioned many times about full moon coincidence affect market moving which i didnt understand much about it but i respect people opions and beleiving .
Hi SC,Can we still expect Silver (spot) will go up to 34$ level or this expectation is dead due to market action after friday?When can we see your gold and updated silver chart?Thank you.RB
ZIG ZAG"ZigZagApr 16, 2012 08:09 PMHi InvestBB,No change in the forecast. They're testing the 4/10 low and I'm expecting this week to be up."ARE YOU STILL BUYING INTO THIS? Tx!
Yes, I'm still buying. The 4/10 low will likely hold.