see post #150 above, here is the chart for it. Vix weekly. You can use Vix daily but weekly is so much easier to read and it will till give you the perfect reversal point of SPX. Boom!!!
Capitulation: the darkest hour is just before dawn .............. the song that belongs with it Well, when you're sitting there in your silk upholstered chair Talking to some rich folk that you know I hope you won't see me in my ragged company Cause you know I could never be alone You can send me dead flowers every morning Send me dead flowers by the mail Send me dead flowers to my wedding And I won't forget to put roses on your grave Well, when you're sitting back in your rose pink Cadillac Making bets on your Kentucky derby days I'll be in my basement room with a needle and a spoon With another girl to take my pain away
Rising FEAR/TERROR channel in Vix while SPX was enjoying her drunken party. Nobody noticed. And THEY say, "the BEAR is over" What they should be saying? .... "The Bear ain't even hardly begun yet"
Don't have the time to waste to wade through all of this PhD's (woo hoo) report I came across, but others have at it:- https://www.technicalindicatorindex...ck Market is About to Top and Drop backup.pdf
I presented this pattern’s warning, evident several years ago, in my book, The Coming Economic Ice Age...written in 2013 lol. Perma bear syndrome.
Its a good report, thanks very much for posting it. I had seen elsewhere that a few others were talking a lot about the Megaphone. Not enough time to read it during market hours but will read it later. But here's thing: (1) very disappointing with the review results, very poor success rate. (2) See the top of the list for My one and only recommendation that I mentioned a few posts back. His name is Jack Schannep. He has a subscription service. I've read some of his stuff in the past but have never been a subscriber. I don't need to subscribe because I know and can apply Dow Theory by myself. I prefer to do things by myself, no crutches, right or wrong don't matter for now. https://www.cxoadvisory.com/wp-content/uploads/2010/04/guru-grades.gif
I have neither heard nor seen mention Dennis Gartman Its a bad sign he's on my side https://www.marketwatch.com/story/v...-fed-pivot-in-sight-11659956049?mod=home-page
See thread title again ......... The BEAR market is ONLY beginning. Very early stages. The dancers in the street think they dodged the bullet, survived the BEAR. Next leg down will disabuse them of that notion the case is building building building ............... everywhere .......... https://www.zerohedge.com/political...utm_source=&utm_medium=email&utm_campaign=832
Yours truly's greatest accomplishment at a market top = walk out of deserted EXITs totally alone. There's nobody there, they are all still rushing he ENTRANCES to get in to partake of the gluttony and Euphoria of a TOP. They never see the cliff coming Yours truly cannot be cott in a stampede, EVER. This is a native gift that yours truly has by default There are 3 tens in the video. See if you can pick out the #1 straight 10. Then dig this .......... Puerto Vallarta is where they hang out. Go there on your next holiday