Japan QE on Oct31\2014 = imminent TOP - Nikkei target =6,850

Discussion in 'Trading' started by AfterLOS, Nov 2, 2014.

  1. Deflation for 25 years, QE has not worked EVER but add more fuel to the fire - Nice!! :):)

    QE announcement better than Magazine Cover Indicator = best EVER Top Indicator

    Actual TOP any time now as Oct 17 low marks wave 4 low so we have a TERMINAL WAVE in progress

    Close up shop and retreat to BEAR CAVE - the moves to the downside once started will be blasphemous






    Nikkei TOP Nov 2014.png
     
  2. noddyboy

    noddyboy

    Anyone recall if there were posts like these at the peak of the dotcom bubble in 2000? It seems to be that like Nitro, the bears have to all die and then we peak later.
     
  3. loyek590

    loyek590

    Before Japan crashes doesn't it first have to go up? I agree, Sony is in a bubble. But then again, a lot of these kids getting out of college are so saddled with debt they are just buying Hondas. Why get married and buy a house when you can just live in a Japanese car?
     
  4. Nikkei TOP daily wedge.png


    Nikkei TOP Daily timeframe:


    EDT = wedge ..... lower trendline taken out = Adios Nikkei
     
  5. Nikkei RSI nicked.png
     
  6. see previous chart lower panel for RSI nicked real good on Oct 17 = foretelling weakness?
     
  7. Study Japan, amigos

    USA is the next Japan = inevitable = 2.5 decades lost and counting

    Yikes!
     
    Tsing Tao likes this.


  8. Japan CRASHED in 1990

    But you have not seen this because a 1-minute chart lime a man gots to know its\his limitations


    At the current moment, Japan is going up on DAILY but as stated its the last rise in a 5th aka TERMINAL wave.
     


  9. Almost correct but not quite. BEARS must die in large numbers and not only that, they must turn to BULL and climb aboard. That's the ticket = must reverse course and climb aboard

    Even in the most diehard TRENDS its hard to get past 3% bears which by the way is an outstanding signal = only 3 dissenters out of 100 and one thing is for sure, all 3 have sore behinds and worried minds. That's just the way it is.
     
  10. Dangerous stuff by Japan's central bank

    If the yen starts to fall, which it has done, and people in Japan realize that it’s liable to continue and want to put their money abroad, then the fall may become like an avalanche.


    Friday and Monday are already an avalanche

    Avalanche moving rapidly to

    1st 4th wave target = 124

    2nd 4th wave target = 160

    Oh yo yo yo that's got hurt the Japs like there's new found muscle in the US Dollar :cool:
     
    #10     Nov 3, 2014