Sunday, May 21, 2017 1:57:55 AM
A look at the stock market indexes....
Its been a while since I studied the S+P,$INDU, etc...
it was more on my mind a few years ago when it looked like a setting up for the " big downturn", technically, you could see the danger zone. That was back when S+P peaked around 2135.... but even after gigantic plunges back then, more than one, even, which both made equally giant bounces right back into the topping zones again, and since then, has done nothing but climb and climb, into the higher target zones, and at some point,back a year ago or longer, after watching all this contrivance... I finally realized the contrived ,fake,phony, rigged, unreal stock market is so controlled and manipulated that there really is no Real market at all. It was around the same time that Jim Sinclair sent out a definitive commentary saying the same thing. There is no real market any more. no real price discovery. no real price of gold and silver ,no real price discovery allowed, except what the government/FED/wall street trading supercomputer programs intend to do from day to day and week to week, that goes wherever they intend to take it, and despite the orchestrated downwaves, dips and plunges, the PPT and exchange stabilization fund, continues to bounce the bottoms right back up ,Just like Magic...and all is well once again for the phont stock market. whether its individual stocks or ETF's or indexes, its all rigged to do exactly what the government wants it to do, and that will include the moment when they decide to Crash the market in the future.
so why even bother to draw a chart and try to study it as if it was real. well, I guesd the only reason is to see what the math looks like , and get a glimpse of what the trading computer programs are also looking at . The last time I examined the S+P chart it looked like the target zone would be around 2800 for the next danger where oxygen gets thin at such extreme peaks in a never-ending rally cycle that just will not go down.... until the Crash comes,I guess. It hasn't really mattered that I haven't even looked at the S+P during the last year, I might have glanced at it about 5 times,because it just doesn't matter anymore.
In the technical cycles of the last 2 years, the Grande Peak was looking at target zone around 2350 area, and 2400 area. theres one zone above that at 2600 area and the extreme zone around 2800 area. have we gotten there yet? I don't even know,I haven't looked at the S+P chart is about 3 weeks.
But last week, I gess there was some alarm as a plunge in the DOW happened...did it? wow, better get out the panic button.
Lets take a look now and see what happened in the days that followed. Even 2 years ago when the S+P fell down to 1810,twice, and bounced right back up to happy land... I decided that it was all meaningless,you can see on the chart how rigged and phony it is. so when these peak targets around 2300 and 2400 got hit, it was like, "ho hum" no big deal, onward and upward she goes.
news doesn't matter. fake news doesn't matter. all that matters is that the government is in control and they will decide when its time to take profit, short the market cause the crash and start making billions and trillions selling it down, and then when the crash bottom comes, they will rinse and repeat for another 10 years. The problem we have is that only the elite insiders will get the signal....we will be left holding the bag and watching our portfolio crash and burn.
So maybe if we get a tweet from God, in the nick of time, we can decide to sell ,take profit ,at the top, which really was in January 2014.... but that's another chart exam of a different nature. ...but some day, whatever we own in our portfolio, none of it will be immune to the Crash. Every stock we own , will crash along with the market. so it seems sensible to trim shares at the tops and take some profits, and not load up the truck at shallow dips, and somehow to try and imagine what it will look like when they Crash the market again.
I really don't want to put a lot of effort into this chart....
but maybe there would be something ,anything curious to notice....lets see...
and this isn't even the larger chart picture, this is just from the latest portion of the latest rally waves. What started ,lets say eay back at 1810 and now peaks at (so far...) 2410 ...call it 600 points, a retrace should at least target 2100 area. here we are pushing back toward 2400, and the latest rally pattern as shown, has this target zone at 2470 and then on its way to 2600...
"All aboard....the train"..
http://www.bing.com/videos/search?q=marakesh+express+crosby+stills+nas&&view=detail&mid=93A652BB6968C94099F593A652BB6968C94099F5&FORM=VRDGAR
Its been a while since I studied the S+P,$INDU, etc...
it was more on my mind a few years ago when it looked like a setting up for the " big downturn", technically, you could see the danger zone. That was back when S+P peaked around 2135.... but even after gigantic plunges back then, more than one, even, which both made equally giant bounces right back into the topping zones again, and since then, has done nothing but climb and climb, into the higher target zones, and at some point,back a year ago or longer, after watching all this contrivance... I finally realized the contrived ,fake,phony, rigged, unreal stock market is so controlled and manipulated that there really is no Real market at all. It was around the same time that Jim Sinclair sent out a definitive commentary saying the same thing. There is no real market any more. no real price discovery. no real price of gold and silver ,no real price discovery allowed, except what the government/FED/wall street trading supercomputer programs intend to do from day to day and week to week, that goes wherever they intend to take it, and despite the orchestrated downwaves, dips and plunges, the PPT and exchange stabilization fund, continues to bounce the bottoms right back up ,Just like Magic...and all is well once again for the phont stock market. whether its individual stocks or ETF's or indexes, its all rigged to do exactly what the government wants it to do, and that will include the moment when they decide to Crash the market in the future.
so why even bother to draw a chart and try to study it as if it was real. well, I guesd the only reason is to see what the math looks like , and get a glimpse of what the trading computer programs are also looking at . The last time I examined the S+P chart it looked like the target zone would be around 2800 for the next danger where oxygen gets thin at such extreme peaks in a never-ending rally cycle that just will not go down.... until the Crash comes,I guess. It hasn't really mattered that I haven't even looked at the S+P during the last year, I might have glanced at it about 5 times,because it just doesn't matter anymore.
In the technical cycles of the last 2 years, the Grande Peak was looking at target zone around 2350 area, and 2400 area. theres one zone above that at 2600 area and the extreme zone around 2800 area. have we gotten there yet? I don't even know,I haven't looked at the S+P chart is about 3 weeks.
But last week, I gess there was some alarm as a plunge in the DOW happened...did it? wow, better get out the panic button.
Lets take a look now and see what happened in the days that followed. Even 2 years ago when the S+P fell down to 1810,twice, and bounced right back up to happy land... I decided that it was all meaningless,you can see on the chart how rigged and phony it is. so when these peak targets around 2300 and 2400 got hit, it was like, "ho hum" no big deal, onward and upward she goes.
news doesn't matter. fake news doesn't matter. all that matters is that the government is in control and they will decide when its time to take profit, short the market cause the crash and start making billions and trillions selling it down, and then when the crash bottom comes, they will rinse and repeat for another 10 years. The problem we have is that only the elite insiders will get the signal....we will be left holding the bag and watching our portfolio crash and burn.
So maybe if we get a tweet from God, in the nick of time, we can decide to sell ,take profit ,at the top, which really was in January 2014.... but that's another chart exam of a different nature. ...but some day, whatever we own in our portfolio, none of it will be immune to the Crash. Every stock we own , will crash along with the market. so it seems sensible to trim shares at the tops and take some profits, and not load up the truck at shallow dips, and somehow to try and imagine what it will look like when they Crash the market again.
I really don't want to put a lot of effort into this chart....
but maybe there would be something ,anything curious to notice....lets see...
and this isn't even the larger chart picture, this is just from the latest portion of the latest rally waves. What started ,lets say eay back at 1810 and now peaks at (so far...) 2410 ...call it 600 points, a retrace should at least target 2100 area. here we are pushing back toward 2400, and the latest rally pattern as shown, has this target zone at 2470 and then on its way to 2600...
"All aboard....the train"..
http://www.bing.com/videos/search?q=marakesh+express+crosby+stills+nas&&view=detail&mid=93A652BB6968C94099F593A652BB6968C94099F5&FORM=VRDGAR
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