Analysis Method: Fibonacci & Wave Theory
Please see previous analyses for further information.
This is a continuation of the SP500 analysis that was started July, 2018.
SPY has completed a 5 Wave Super-Cycle (143 years) and is now in a correction phase.
An 'Irregular Correction' is when the B Wave exceeds the Terminal 5th Wave.
It is my opinion, the Private Federal Reserve is running out of monetary 'ammo'. The private bank can no longer raise interest rates and is now being forced to cut rates in an objectively 'good economy'.
All gains can directly be correlated to the Private Federal Reserve's monetary injections.
The Hedge: Cryptocurrency
Analysis Method: Wave Theory & Fibonacci
143 Year Super-Cycle:
Wave Theory Rule: 2/3 Impulse Waves will near equality
Irregular Correction are most often observed after a Wave Cycle with a Double Extension
Waves 3 & 5 both extended.
Will update.
FMW
註釋
I believe we are seeing the end of the 'B Wave'.註釋
Extending Wave 1 (Hourly)註釋
$2829 is a key level...註釋
If $2829 breaks look to $2768...註釋
If 2829 holds, look for a correction sequence.註釋
Based on the price-action, it looks like we will break 2829.註釋
Flat Corrections usually terminate around 100% & 123.6% Level respectively...註釋
Above: Daily Chart註釋
Above: 3 Minute Wave Count註釋
Above: Sub-Micro Sequence註釋
Sub-Micro Retrace Levels註釋
Double Flat Correction註釋
No real support here unless the Private Fed can pump...註釋
New Wave Sequence should be forming now...註釋
Could be another big down day...We will find out soon...
註釋
Watch the futures...註釋
Headline: STOCKS SURGE ON BETS CENTRAL BANKS TAKE ACTIONto fight a biological virus...
註釋
Price-action is Trapped in the 'Ending Diagonal'註釋
(Bloomberg) -- U.S. stocks surged as investors gained confidence that stewards of the world’s largest economies would act in concert to offset any impact from the spreading coronavirus.註釋
The S&P 500 jumped more than 3%, the most in a year, after news that Group of Seven finance ministers and central bankers will hold a teleconference Tuesday to discuss how to respond to the outbreak. Tech shares led gains after seven straight days of declines for the benchmark index, with monetary policy makers from Japan to England joining the Federal Reserve in promising to take action to support their economies if needed.註釋
In other words...'Lets Accelerate the Destruction of Value in our Currency'註釋
While Interest Rates plummet...註釋
Should be beginning a new wave sequence down...註釋
We are about to drop...註釋
Target: $303-$301註釋
If $301 breaks look to $298...註釋
We should be turning extremely hard....註釋
Looking for a Minor Wave 3 to begin...註釋
We got the turn I was looking for...註釋
$3,031 is a Key Level.註釋
If $3,031 breaks look to...註釋
$3,012註釋
Then $2098.50註釋
*Correction $2928註釋
5 Minute Count (Above)註釋
Moving Averages:EMA 33 Green
EMA 50 Yellow
註釋
EMA 300 Red註釋
Estimate Micro-Wave 3 Target Area: $2980-$2928.50Timeframe: <7 Hours
註釋
Fed Suicide Watch...Interest Rates going to Zero...
註釋
Fed credibility gone...註釋
Going to create new Hourly thread.註釋
Should be picking up momentum to the downside...註釋
Immediate Target: $2984.25 - $2923.75免責聲明
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