S&P 500. P-Modeling Pt C. The Cybernetic Industrial Revolution Welcome Hyperspace Travelers... I have been eagerly awaiting you..
This is the long anticipated Part B 2.0 (C) of my S&P chart.
In order to understand my Part A chart of the S&P500 .
It is extremely necessary you go through all the snapshots of Part A. I warn you it is ungodly long. But if you want to understand more..
Please see Idea.
PLEASE SEE IDEAs ABOVE BEFORE CONTINUING^^
This is Part B. It was released recently. But I decided to clean it up and re-release the corrections made.
This is the SAME chart as PART A AND B..
These are all the SAME fractals used.
This Idea is based on a 1 Hour Time-frame.
Fractal Timing Error Allowance: No Allowance Left. (we used our error allowance Part A.) Timing Correction was 14 days, not 7 days..
Fractal Began Execution of narrative.
Thus placement of fractal window is now open. Glitch channels are now placed. Little room for error.
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In Part A (press play), you will see
Except, I took that 2008-2013 sequence, inverted it and I scaled it by Cube -1.
Please see placement of Yellow Global Fractal Line in Part A. This is the big yellow fractal I have sitting on the bottom half of that chart.
2008-2013 structure will be followed once more. Except we had to account for error.
The placement of the original fractals were not moved in Part A and in Part B and Part B 2.0 (This one).
The static fractals guide formation of the glitch channels.
So I decided to Trade SPX 500, using UVXY.
I have actively traded UVXY based off SPX 500.
My entry was 19.6 and today we hit about $30.00
UVXY Target is $215. VIX is about $135
The inverse correlation between UVXY and SPX500 is < .96 >
Extraordinarily powerful. See for yourself.
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Part A was legendary for me. I was able to bag some seriously awesome trades < Entry > @ 3003 & 3136 with a proper < Close >@ 3335 & 3368 respectively.
However, I did unsuccessfully and prematurely call the 'top' multiples times after we had fallen to 2200 and had the First Stimulus Package rally.
Too be honest, I am surprised we almost blew past 3400. That was incredible. But, looking at the laid path now.. I can see why.
Furthermore, you must understand that dynamic time-series based analyses are continuous.
The structure is simply laid out.
I tried to be as clear as I could, but this formation is considered a Black Swan Event.
A Black Swan Event is a cyclic reset of global asset classes in order to achieve a new baseline shift.
Catalysts for the Black Swan Event:
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-Wave Two of Covid-19.
-Eviction Crisis
-Systemic Bubble Collapse from Horrendous US Presidential and Congressional Policy.
-Presidential Transition
-Major Disruption of Industrial Chains from Covid-19.
-Debt Crisis
-Healthcare Crisis due to Covid-19.
-Collapse of Economic Institutions
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SPX 500 Low: $1450 by Mid-November
NASDAQ lows: $4000.
BTC lows: $955 --Idea Active--
Global Black Swan Events will lead too...
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Major Transition of Power:
It is my dearest held belief we are going to see the end of 2020 be a crazier time period than the start of 2020.
Right now. It's Trump vs Biden.
Horrible Choices.
Thankfully, I deeply believe...
Bernie Sanders will REPLACE Joe Biden and defeat Trump in the 2020 presidential election by a LANDSLIDE victory of almost 83%.
Trump will be forcefully removed from the White House after his loss. Republican will lose both the House and Senate.
Of course I simply eat too much acid, as everyone suspects and none of these events will come true. ;)
or will it..
Come for the Art, Stay for the Laughs.. :)
Buckle Up though... The spring into the 4th industrial revolution is upon us.. But first...
The Execution of the Global Black Swan Event..
Happy Hunting..
Thanks for Pondering the Unknown with Me,
Glitch420
Spxshort
[SPX] Market Treasure Map: How We Get to 1550 in 2022!Prepare for a wild journey my friends! B)
Coronavirus interrupted a massive 4-5 year Head and Shoulders pattern in the middle of the peak to create a Frankenstein Head and Shoulders Doubletop Megaphone pattern... a.k.a the MegaHead and Double ShoulderPhoneTM pattern.
Now Price will fall back around left shoulder levels around major S/R.
Coronavirus just sped up what was already in process... the 4-5 year pattern that fundamentally aligned with the expectation and likelihood of an oncoming recession in 2021 pre-COVID.
So that pattern will be cut short and peak around the New Year.
It is at this point... after the default (mortgage/auto/college), eviction, real estate and virus crises culminate in an ultimate crescendo (and maybe a banking crisis as well if we're lucky!)... we will steadily drop to ultimate market bottom in Spring 2022.
We are in the midst of a massive bubble brought on by tax cuts for the wealthy and Big Business and the following massive Stock Buyback and Wealthy People Liquidity programs.
Many big name trader people and a fair number of TView commonfolk have been calling for 1400-1600, even some exactly calling 1550 right at the strongest trend convergence point... I think this is a snapshot of some of the data they were basing those predictions on. The difference is the data is now revealing a potential period in time for this bottom.
The red lines represent the top of the 38Y trend channel with a bit of overshoot.
The purple line is the is the 38Y Market Baseline Trend.
The magenta (?) horizontal lines are the strongest 20Y S/R channel and capture the 2Y peaks in both 1999-2000 and 2007-2008 and the 2011-2012 period.
The white uptrend line is the strongest S/R for both those previous peaks and coincides exactly with the predicted bottom of the Megaphone pattern.
As is typical with this pattern when it reaches the end, Price will fall even further below and be caught by the strongest 20Y S/R and 38Y Market Baseline Trend all converging with a major downward S/R (other white line).
I think the gravity of this point on the market map is very high and the depravity we've seen our society degrade into will finally become too great to ignore and reach a breaking point.
Sacrificing the People at the alter of Profit gets you some quick wins for the first few decades but it can't last forever.
What is to be rebuilt, must first be torn down.
Breakout or Reversal? It's Almost Time! (SPX500)It's almost time to see if the market want's to continue this rally or reverse off the previous top.
The month of August is going to be a hot time to make some big boy decisions for your portfolio.
3391 keep your eyes on it and watch that trend. Stay patient.
Classic Diamond Top Reversal Pattern Forming - MUST READ!This is a classic diamond top reversal pattern. As we have now closed the Feb gap we start to go down finally. We will then bounce around within the diamond before finally heading down to our Buy Zone which is measured by subtracting the height of the diamond from the estimated break down point.
Amazingly this point coincides with the green long term support line formed by the support created at the bottom of BOTH the 87 and 2008/09 Market Crashes; AS WELL as the green dashed resistance turned support of the Dot Com and 2008 Market tops!!!
How Long Till We Test Highs? (SPX)Everything on 3day continues to shoot green across the board on the spx500 with nice size candle.
Since recovery we have only had one major potential transition (green arrow)
All indicators have nonstop continued to go green.
The only resistance is the previous high before the crash, will we make new highs or set up for a massive selloff...
This will get fun.
SPX and the Covid Death Numbers Part IIPreviously I looked at a potential "bullish" MACD cross on the Covid death numbers. Its been about five days since that cross has been established and I have added the Rate of Change to the death rates with an estimated path if the ROC continues as if it were a deep saucer formation. The deaths are going chart is going to be on the standard (non-log) scale for one main reason... I think the reported deaths will be going vertical again on this scale and it will resemble a tangent curve from trigonometry when viewed as such. The rate of Change is going to be on the log chart to provide detail.
The MACD histogram for SPX on the 1D is showing a lot of hidden bearish divergence since April. This is a very technically weak place for the broadest based index fund for the United States, which means that the whole damn world is in a sticky spot technically.
Below we have the charts for Florida, Texas and Arizona which where the new hot spots were being reported. All three of these states are starting to look like the next leg is upon us and the tangent curve will be coming shortly.
Below are the death charts for India, South Africa and Germany, which are some of the biggest dominoes that can fall in their regions. There are always issues with disparate reporting standards but all three show rate of change curves that are starting to either flatten out or turn up.
Please review some of the linked posts for more bearishness.
SPX wave (C) corrective Wave lowerOn the minor time frame, the 100% retracement Wave (B) looking for Fib resistance at 3226 for one pending push to new lows before a long-term sustained rally ensues.Wave (B) resistance should hold at 3230 that is an ideal point to sell/short for a wave (C move down lower into channel support around 2750.
S&P Starting to show stress (9 Season Rainbow)The Nine Season Rainbow, by some sort of black box logic unbeknownst to me, is starting to show stress similar to when the dump happened in February. The Purple box shows the signal was in on the lower time frames and the EMAs quickly crossed bearishly. From there the spill was intense and the 48 period EMA was very controlling n the way down, locking in the first bear trap around $2100.
The orange box shows where a wedge and another sell signal on the Rainbow triggered and I have to admit, I played this for a small loss. I was in the money and didn't trail my stops down and when I got no where near the performance I was expecting I had to close for that L.
There was a similar signal at the apex of that wedge that I let go by and I am currently in SXPU as of the beginning of the fuscia box. The open of 2020 has been support and resistance for about seven months and I am betting that it will continue as resistance. The Covid deaths in the US are picking up (please see the linked post for that) and now the 9Season Rainbow is showing a potential roof is in.
The rising wedge has turned into a double top but despite any resilience in that formation it is still setting a lower high from the purple box. If resistance is clearly broken then there is only blue sky upside but that is still a minority position of mine.
Quickpost: SPX 3day Hidden Bearish DivergenceI have waited longer for this than perhaps I should admit due to closing my long way to early and not letting my winners run..
Price Action hit the bollinger band upper limit
OBV has hidden bearish divergence
MACD Histogram has hidden bearish divergence
MACD seems posed to cross the signal line bearishly.
A quick move to the lower limit of the BB seems likely, if not a break with multiple wicks extending below the BB.
[SPX] Can't Break the Megaphone Pattern... CRASH Imminent!I just couldn't resist guys, I mean c'mon... today it perfectly settled on my top Megaphone pattern line prediction from weeks ago. What a TView post bait.
Every bar above this line since June 9th is red. It can't hold above this to save it's life... shit is crashing down soon.
Where else it gonna go? #SPXSideways4Life
Coronavirus panic round 2 and/or dismal Q2 is most likely crash trigger at this point.
You'll see me back around on the regular when the time is right B).
OG Idea:
🤔 Crunchtime! (SPX)💰 LET'S GET INTO SOME SPX 500 ANALYSIS!💰
1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! ❤❤❤
(Overall Market Sentiment) 🤷 Neutral
- 3day Chart
- Candle Doji Compression
- 2/3 EMA DOTS Red
Is corona wave 2 on it's way? I hope so lol. This week will tell us some critical signs to take with us in the market next week. Stay alert as we could be experiencing early signs of trend change.
Best of luck to you and all of your trades this week! 🤜
Drop your charts and comments down below, share with us what you think is going on in the markets! ❤❤❤
Thanks for checking out our analysis! ✌😁✌
🥇MLT | MAJOR LEAGUE TRADER
[SPX 1D] The Future in Focus... 2020/2021 Treasure Map!I mostly just want to hang this trophy on my wall by this time next year B).
This is the picture the data has painted. I'm just the messenger.
There is a good chance I am off but this is looking like the most likely scenario here.
We're way above the 1 and 2 decade trends with the half decade being angled much higher.
We're in the middle of a massive correction and it will way overswing downward once the megaphone pattern ends and we start the 5 year trend growth trajectory over from a much lower position.
Sow your seeds and harvest your stocks wisely!
[SPX] Prepare for the BIG CRASH... Indicators Are Truth!Ok, getting back to basics here guys. Enough with the snark haha... for now.
Leaving my March crash repeat setup here just for comparison, not as an expected path or trend. Volume will still be interesting to follow here. Holding pretty close so far!
This little crash definitely took some pressure off RSI but it's clear we're still well in overbought territory here. Stoch is always more sensitive, in a real crash they'll all go down in unison (see late Feb RSI).
ADX was juiced to pop through ROC and DPO as they crashed down but we got a fakeout. Still prime position for a crash.
DMI hardly fooled by this, still locked and loaded for a crash.
MACD has plenty of downside room, we'll likely get a deeper extension in the red before it goes green again.
TRIN is just fcked...
[SPX 4H] Price Trapped Under Support, TRIN to SELL Upchannel!Wild day!
TRIN moved to almost exactly neutral but at the end of a megaphone structure while transitioning into a wide upchannel towards PANIC SELL this is very bearish.
At this point, if it flips back above 2 (assuming the structures hold, this is increasingly likely with each passing day) the market is likely toast and crash/panic selloff/programmatic selloff will ensue.
Average of entire megaphone is right on TRIN SELL line. Also very bearish here.
You know, I probably sound like a PERMABEAR on here but there's still just basically no data supporting any kind of Bull case. I've sought it out every day for weeks now to no avail.
There are a COUPLE fair Bull cases out there (that make a lot of aggressive assumptions about the market) but they look so damn weak when weighed against the reams of data supporting a market crash this month.
I'm more like a Lion... just waiting patiently for my opportunity to rush in for the KILL!
🤔 Searching For Buyers. (SPX)😁 Similar to oil as the upward major support has been broken. The 3day is starting to curve.
Daily Timeframe
Crossover Strategy: Red Crossover
The EMA Dots: 3/3 Red
Support Level: 2941
Resistance Level: 3213
A break below support I think we would see a major correction.
Have an awesome day! ✌
🥇MLT | MAJOR LEAGUE TRADER
[TVIX] Almost Exact Same Setup as Early March!Ramp angle is flattening since March, which is a great sign and matches almost exactly to the yellow ramp angle before the spike in March (I copied it over directly).
Volume roughly on track to match March spike too.
Fed unloaded one of their big news items today: markets.businessinsider.com
Yay! More corporate bailout to keep the FOMO pump alive!
Barely made a dent though haha, especially in the inverse markets. Law of diminishing returns and such.
Lets see how Papa Powell, loyal stooge to our Complainer in Chief, handles some congressional grilling this week!