Thanks, I would like to show you something I was working on before; since 1474 breached; I was playing with ratios over the past couple months; if you have time, maybe you can have a look to try and understand them further?
They look like this; maybe you can make more sense out of them :)
LOWS,PEAKS,POINTS,RATIOS by 9, =
Rough Estimate Starting from 1000 area in the SPX
Note how 16 in the last ratio cycle is almost their? 1617-1626
000,1101,145=16.11111111
000,000,1150,49=5.444444444
209,1010,1219,69=7.666666667
296,1074,1370,151=16.77777778
156,1266,1422,52=5.777777778
106,1368,1474,52=5.777777778
258,1368,1626,152=16.88888889
note the Commas separations, the point is, ratio 16 has to be achieved before we see any pullback as with the prior pullbacks...
Then two fives will appear, generally two fives appear then one 16, the ratios seem to determine more accurately; supposedly anyway when we really get that pullback...
But, for now, GS going to have to Roll up their loan on UVXY as far as I am concerned :)
Note that I do not expect to see the FED selling their portfolio either, I do expect them to reap the dividend to pay down the debt... this should actually be illegal as they are borrowing money to do such a task...
Thereby making any idea of a Pullback to any degree larger than 15-20 percent not possible...
Best
AI
