On an intra-year basis, the Indices were expected to see competing multi-month moves with the most bearish phase in the center of 2015. [EDIT: see Peter Eliades ]
The next truly bearish period--and more convincing facet of the larger-degree, 2015/2016 Crash Cycles--is expected to take hold after mid-Dec… when the greatest synergy of weekly and monthly cycles enter another down phase.
3-6 month and 6-12 month traders/investors should... [EDIT: reserved for subscriber]
STOCKMARKET CYCLES - Prepared by Peter Eliades
The Cycles November 3, 2015 Peter Eliades Stockmarket Cycles
Primary V is currently underway from the August SPX 1867 low. When Primary V concludes, which could be this year, the Cycle wave (1) bull market will be over, and a Cycle wave (2) bear market will follow.
11/06/15 - there are alternative playgrounds such as TBT, OILs, China ETFs ...etc
- CVX session 94.45-92.28 ongoing, - Open 93.46, spikes up, then fills the gap & dips below. - completed CVX PUT, CVX 11/20/2015 92.50 P - too fast, no time to post in advance
- TBT up again, +1.54%, +$0.71. Sigh!, no time to catch, missed. - China YANG up 4.5%, missed, beating my chest loudly, crying ...
- Primary V is currently underway from the August SPX 1867 low. - The “favorable” 2085 for Int. iii or Major 3 of Primary V got lost - perhaps, Int. ivi or Major 4 has commenced - Bulls ate an iron ball, they still stay “calm” and think Major 5 - of Primary V will duck them to new ATH, minimum 2214-2219 - imho: “new” ATH 2150 +/- , so what. - let’s see
session low 2070.83, ongoing. it is barely holding the lower rail 2069.93 for zone 1 ( 2069.93-2130.46)
EDIT: now 2069.93 gives away.
One may interpolate the zone (2047.41 - 2069.93) and comes out supports as: 2061.32 (0.382), 2058.67 (0.500), fine tuning is required after index shows more trails