Replies to post #29666 on T/A ETF AND INDEX

[rayrohn]

Sorry I did not mean to post this as a reply to any post

FWIW post !!!!

From thechartstore.com "Secular Cycles of the S&P Composite
5 charts showing secular cycles of the S&P Composite covering the period 1871 through October, 2012.

http://thechartstore.com/html/10-12%20Secular%20Cycles%20using%20Monthly%20IA%20S&P%201871-2012.pdf

Check out the last chart ....
the comment on the right hand side in blue

"Forward Time Projections
(using three previous):
Shortest (165 months)
December, 2013
Average (191 months)
February, 2016
Longest (237 months)
December, 2019"

the last financial crash {1929} took 237 months to correct so why is this one going to be any different????

[POG]

Nice observation.

There are lot of indicators flashing sell signal as we make new highs. It is not worth my risk to be long for scalp when massive negative divergence is building up. I think we have seen highs for the year around 1470. Many are expecting more rally, but not me.
For last 7 days spy has gone up only 0.40 so basically distribution at top. Only time will tell.

best.