tag:blogger.com,1999:blog-8765832528826242391.post2497034710166558547..comments2024-03-28T11:33:25.049-07:00Comments on Cyclical Market Analysis: $SPX - Possible Roadmap (Short Term)SChttp://www.blogger.com/profile/09474760275693948933noreply@blogger.comBlogger21125tag:blogger.com,1999:blog-8765832528826242391.post-78360163398780062922011-03-07T13:29:45.962-08:002011-03-07T13:29:45.962-08:00That would be my first choice but if 1303 does not...That would be my first choice but if 1303 does not hold on retest I think we will get some heavier selling quick.ckoreyhttps://www.blogger.com/profile/01163819664255449052noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-32487330593925771062011-03-07T13:01:43.907-08:002011-03-07T13:01:43.907-08:00Agree with you that 1302.50 is critical level, but...Agree with you that 1302.50 is critical level, but my 5min $rifin pattern already indicates that we go up. <br /><br />Next day or two might just be choppy with minimal gains, and retest 1303 possible. Later in the week looks stronger to me.SChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-19945582056761538152011-03-07T12:24:54.066-08:002011-03-07T12:24:54.066-08:001303 holds so far but looks weak. We shall see. If...1303 holds so far but looks weak. We shall see. If the hold is real........up we go. If 1303 breaks 1280ish.ckoreyhttps://www.blogger.com/profile/01163819664255449052noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-23967090361600539732011-03-07T11:09:43.950-08:002011-03-07T11:09:43.950-08:00My math was a little too simplified on the move do...My math was a little too simplified on the move down from 1327. I'm still more than satisfied with this chart, and expect a move up to 1340 +/-next.<br /><br />The key here is the March 2nd low should hold 1302.50.SChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-64267366763382235012011-03-07T10:44:02.014-08:002011-03-07T10:44:02.014-08:00Thanks :-)
Needs to hold here or we go to 1280ish...Thanks :-)<br /><br />Needs to hold here or we go to 1280ish next few days.ckoreyhttps://www.blogger.com/profile/01163819664255449052noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-41450856038146298402011-03-07T10:27:36.799-08:002011-03-07T10:27:36.799-08:00Nice call ckorey!Nice call ckorey!SChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-20908888730287063972011-03-07T08:59:31.106-08:002011-03-07T08:59:31.106-08:00Thanks, I am pleased with the way it is working ou...Thanks, I am pleased with the way it is working out. <br /><br />I am very bullish short term now, particularly financials $rifin. Major short squeeze coming but just short term. Again, the bigger picture is extremely bearish.<br /><br />I'll be updating this chart soon. I think I spot the next moves coming.....SChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-46861772492869011342011-03-07T08:44:32.865-08:002011-03-07T08:44:32.865-08:00very impressive road mapvery impressive road mapBlakehttps://www.blogger.com/profile/08650600450661791461noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-6096876353456384092011-03-07T08:27:52.461-08:002011-03-07T08:27:52.461-08:00Hit my target 1327 near perfectly. That may mean ...Hit my target 1327 near perfectly. That may mean either my 1310 moves down to 1307.50 or 1340 moves up to 1342.05, not sure. My math is off by 2.50 points somewhere.SChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-44946251666554850072011-03-07T08:21:38.791-08:002011-03-07T08:21:38.791-08:00Thought there may be a bounce in there first but n...Thought there may be a bounce in there first but no. Just straight to 1308-1310 now, and then 1340.SChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-52886269827597727662011-03-07T08:08:44.426-08:002011-03-07T08:08:44.426-08:00Ooooops........broke 1315.........next 1310 then 1...Ooooops........broke 1315.........next 1310 then 1303.ckoreyhttps://www.blogger.com/profile/01163819664255449052noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-3480507052262966542011-03-07T07:52:40.495-08:002011-03-07T07:52:40.495-08:00Nice work so far ;-)Nice work so far ;-)ckoreyhttps://www.blogger.com/profile/01163819664255449052noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-61917402668077391702011-03-07T07:38:29.928-08:002011-03-07T07:38:29.928-08:00Likely test SPX 1317 now then 1329.50, 1310 area a...Likely test SPX 1317 now then 1329.50, 1310 area after that.SChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-43254045316366904832011-03-04T16:14:01.023-08:002011-03-04T16:14:01.023-08:00I am expecting a series of sharp declines. The Ma...I am expecting a series of sharp declines. The May 2010 flashcrash happened over just a few minutes, and was really difficult to trade. I think we are unlikely to repeat that in so little time, but nonetheless the declines will be sharp and fast.<br /><br />I see the spot you are talking about and, yes, we should see something very similar (not exact of course) this time as well. It's a panic capitulation type of move.SChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-30303030161414362882011-03-04T15:17:21.673-08:002011-03-04T15:17:21.673-08:00sc, Thanks very much for your great work. Regardin...sc, Thanks very much for your great work. Regarding the waterfall decline, will that be another flashcrash? For symmetry, look at your S&P 2 day chart, on the left side near the green arrow, there is a flashcrash on 8/15/2007.Jackhttps://www.blogger.com/profile/17123000178485491750noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-61393609668535270122011-03-04T13:15:44.659-08:002011-03-04T13:15:44.659-08:00There is no doubt in my mind that a waterfall decl...There is no doubt in my mind that a waterfall decline is coming at the end of all this consolidation. <br /><br />You are correct, in fact, the behaviour of the market is specifically indicative of the coming waterfall according to my patterns.SChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-276013181277212162011-03-04T13:00:48.994-08:002011-03-04T13:00:48.994-08:00sc, i have a question,these up and down days of 17...sc, i have a question,these up and down days of 175 points , that is not pointing towards a healthy market, is it a sign of a very big move coming,thanks mario.codyhttps://www.blogger.com/profile/09485845983784425936noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-46651581301012271732011-03-04T11:26:34.000-08:002011-03-04T11:26:34.000-08:00I would have to look closer at silver here for spe...I would have to look closer at silver here for specifics. If I have some time on the weekend I will have a closer look at it.<br /><br />So far so good with the SPX plan! When I did the math I could have included fractions to get even closer. Next stop 1325-1327 to watch. One step at a time.SChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-63078569886054739372011-03-04T11:06:22.597-08:002011-03-04T11:06:22.597-08:00Great work, any thoughts on silver?Great work, any thoughts on silver?Blakehttps://www.blogger.com/profile/08650600450661791461noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-72460797926799599462011-03-04T06:16:44.028-08:002011-03-04T06:16:44.028-08:00Thank you.
I may be getting a little "cute&...Thank you. <br /><br />I may be getting a little "cute" with this chart, but sometimes the market boxes itself in to a lower number of possibilities. This may be one of those cases so I will take a whirl with this map. If it needs to be tweaked or scrapped altogether so be it. <br /><br />Very bearish longer term cycles are mature, and what I have shown here is just a corrective move. In my opinion the market is just consolidating before sharper declines.SChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-62179694866340171992011-03-04T01:39:43.421-08:002011-03-04T01:39:43.421-08:00hi sc mario here i can tell you are a lot further ...hi sc mario here i can tell you are a lot further than i am with technical analysis, learning but it is hard, having troubles which timeframes at what moment to use, glad found your blog to assist me thanks mario.codyhttps://www.blogger.com/profile/09485845983784425936noreply@blogger.com