Mild market year end. 2096.92 gap upside. 2052 and 2018 gaps downside. 1950 gap would be awesome and dreamy. Don't short. Asia loves overnight surprises to F___ you good.
35 point rally from overnight. Couldn't even get below 2070. Huge bull market. Clear message. Absolutely clear.No ifs, ands, or buts. Bull. Bull. Bull. Screaming.
Here's an interesting analysis for November that corroborates SC's bearish outlook of decline from Nov 6th to Nov 20th. http://www.seeitmarket.com/will-november-market-seasonality-be-bullish-for-stocks-yet-again-14935/
the most bearish man alive...pages 3 & 4 for UVXY...😎 http://www.exceptional-bear.com/resources/Inverse+funds+positioned++to+FLY+as+the+S$26P+plummets.pdf
SC, if you have time, would you please do another update or a follow up soon as the targets have been reached and big turn maybe coming, I am sure not just me but many others here would really really appreciate that. Thanks!
I'm looking to short soon as we are nearing the target and a dip is anticipated.
ReplyDeleteCurrently fine tuning a short entry.
SPX has made 3 two-day dips on this October run, but it's due for a 4-5 day dip.
ReplyDeleteSC, from the charts, are you seeing a drop then a higher high around SPX 2140?
ReplyDeletesc so you think we have a five day down from here or higher or next week
ReplyDeleteMild market year end. 2096.92 gap upside. 2052 and 2018 gaps downside. 1950 gap would be awesome and dreamy. Don't short. Asia loves overnight surprises to F___ you good.
ReplyDeleteWaiting for UVXY $25's, it's slowly getting there. VIX 19 coming soon.
ReplyDeleteSPX is getting close to my target, and expect a pullback from that level.
ReplyDeleteSC is the level still -SPX 2095 or 2105???????
ReplyDeleteSC what's the SPX target for the pullback?
ReplyDeleteSC, they poped the futures at night, do you think we can go back and retest the high around 2100 on SPX?
ReplyDeletesc we know you are busy, just like we are, we would like to know, is it topped and if the pull back has started?????
ReplyDeleteUVXY closing to your $25 call, good to enter today?
ReplyDeleteI'm waiting for next week to short. The market is really struggling. I would like to see more price action before taking a position though.
ReplyDeleteAll dips to be bought through year end. Do not short.
ReplyDelete2109-2115 coming next.
ReplyDeleteSC, any guess on the SPX high before the big drop?
ReplyDeleteSC, UVXY may hit $25, still the same target to enter?
ReplyDeleteIt may even see lower.
DeleteSPX hasn't quite made it to my green target yet, after shuffling sideways last week.
ReplyDeleteVIX may well have reached the low last week 12.80, but I would like to see the retested.
It's getting close, and will be looking to short later this week.
2200-2300 S&P down the road.
ReplyDeleteThere's $25, but VIX not quite ready. Looking great though, coming down nicely!
ReplyDelete35 point rally from overnight. Couldn't even get below 2070. Huge bull market. Clear message. Absolutely clear.No ifs, ands, or buts. Bull. Bull. Bull. Screaming.
ReplyDeletei think you called the top short term
ReplyDeleteVIX is getting frisky...
ReplyDeletehttps://northmantrader.files.wordpress.com/2014/04/vix41.png
SPX target reached.
ReplyDeleteUVXY today, SC?
ReplyDeleteI definitely plan to enter UVXY this week, quite possibly today. Choppy this week, and forming a high.
ReplyDeleteNext week looks bearish expecting a decline from Nov 6th to Nov 20th.
how big of a decline
ReplyDeleteand also how high could uvxy go
ReplyDeleteBy Nov 20th can see SPX 2030 to 2050. UVXY can pop 50%.
ReplyDeleteSC, UVXY green with markets green, do you still think it has a bit more downside to go?
ReplyDeleteLittle downside for UVXY. $25 has been quite solid though still possible to undershoot that level this week.
Deleteso your saying 12 points
ReplyDeleteNever short this market. Never.
ReplyDeletethanks for your help should i buy 100000 uvxy
ReplyDeleteMore to go on upside. No normal pullback until 10750 on NYSE index (200dma). Obvious.
ReplyDeleteso yoursaying 10750ny average
ReplyDeleteSC, what's max SPX target you see before Nov 6? Thanks!!!
ReplyDeleteBecause SPX is approaching the high for the year it faces very strong resistance overhead.
DeleteHere's an interesting analysis for November that corroborates SC's bearish outlook of decline from Nov 6th to Nov 20th.
ReplyDeletehttp://www.seeitmarket.com/will-november-market-seasonality-be-bullish-for-stocks-yet-again-14935/
SC, nice call on UVXY $25, what's the next target if $25 doesn't hold?
ReplyDeleteVIX pop is imminent, and may have already started last week. It might retest 13 again before the end of the week, but a pop likely to 18 to 19.
ReplyDeleteTime is running out, pullback is due for the market...
SC what price level do you expect to exit UVXY?
ReplyDeleteI plan to wait until around Nov 20th. It can pop 50%.
DeleteSC, are you looking to enter UVXY tomorrow? If it is not at your ideal price $25, will you wait until Friday after the jobs report to enter?
ReplyDeletedid you buy uvxy sc
ReplyDeleteI've been waiting until closer to Nov 6th which is the optimal timing for the SPX high according to the timing model.
ReplyDeleteDefinitely UVXY is already warming up. Plan to position within the next 3 days.
thanx
DeleteUVXY likely already bottomed, so looking to enter probably around $25.50.
ReplyDeleteThe market will likely be choppy this week as the high finishes forming, then decline next week.
Very pleased that the market is starting to soften leading into the Nov 6 turn date.
ReplyDeleteDo you think you will get UVXY at 25.50 now, it already climbing now.
ReplyDeleteIt should cool off again, might have to wait a couple days. VIX approaching some resistance.
DeleteNotice SPX is starting to wobble and become unstable as we have reached the target and turn date timing.
ReplyDeleteWhipsaws likely during the next few days, and then the ship'll be ready to sink lol!
DeleteGood idea to chase UVXY here, SC?
ReplyDeleteI'm still waiting. The market is weak but can bounce around.
ReplyDeleteI think your patience, SC, is going to pay off.
Deleteat what price would you buy uvxy
DeleteSC, are you still looking at $25.50 for entry or $25?
ReplyDeletesc you buying uvxy yet
ReplyDeleteVIX not moving to upside, weak as hell. Extremely weak. S&P consolidating for move to 2130 now.
ReplyDeleteDid you buy UVXY SC?
ReplyDeletethe most bearish man alive...pages 3 & 4 for UVXY...😎
ReplyDeletehttp://www.exceptional-bear.com/resources/Inverse+funds+positioned++to+FLY+as+the+S$26P+plummets.pdf
nice SPX chart as of the market close on Friday...😎
ReplyDeletehttps://northmantrader.files.wordpress.com/2014/04/spx-d23.png
Anyone notice Dow Jones Utilities Average Index was sold off yesterday. Down more than 3%.
ReplyDeleteSC, if you have time, would you please do another update or a follow up soon as the targets have been reached and big turn maybe coming, I am sure not just me but many others here would really really appreciate that. Thanks!
ReplyDeleteSC, can u give your update about gold/silver low . thanks
ReplyDeleteSilver should see a little lower closer to $14. Then I do expect another push up to $17's.
DeleteSVXY significantly diverging from price action in the indices...constitutes a bearish divergence...
ReplyDelete(https://twitter.com/allerotrot/status/663508670345555968?s=17)
New update has been posted!
ReplyDelete