No temporary bottom in a WAVE 3. When it happens we will get a nice long-legged doji Dow down 600 SPX down 100 Nas down 400 And all I'm dong is standing in a doorway Tryong to make some sense of it all
Its to be expected ............ its very early in the BEAR ............... we have a long ways to go yet. This a 2+++ year affair. The signature coefficient of this BEAR is stated thusly . YOu Sir, are expressing exactly what this BEAR demands of you. It wants you to think and say exactly what your are thinking and saying ................ based on this concept It came with a surrealistic slowness ... so gradually that on the one hand it was possible to live through a good part of it without realizing that it was happening and on the other hand, it was possible to believe one had experienced and survived it when in fact it had no more than just begun.
We are still in Wave 1 down of the BEAR.. All waves should be done on the monthly timeframe or else you will be lost, lost, lostississimo. On the Daily timeframe its like this ............ We finsihed (1) down and then (2) up. then we finished 1/(3) down and 2/(3) up and are now in 3/(3) down. When complete we will have 4/(3) up and tehn 5/(3) down. then (4) up and theen (5) down. That then is the equivalent WAVE 1 on monthly. The massive earth shatterings do not occur until WAVE 3 on monthly. so plenty of time yet to go
%% Good new + bad news. Bad news first\DOW down \DIA down agaiN' + the good news is SDOW uptrending a bit............................................................................. I'm REreading my old book\Acres Of DIAmonds\ so old it's priced @ $00.99, US dollars$,
This channel for Vix might last a few years if it works out now and we get the breakout above the center line Wishfull thinking? yeah, baby, it sure is
SPY $331 next target. Might hobble and wobble and dance and squirm but we is going there Place your bets now. The Casino is open for binnnnnnesssss Sa se biznis pam ni .................. a major hit in Ahhhh-eeee-tee = Haiti ............. for those who don't know, what does yours truly share with ex president Billy Clinton and Hillary Clinton? Why of course it a alove for Haitian mizik. Billy and Hilary had their honeymoon there and all the bands played for them. then becaue of them the mizik flowed from Haiti to stateside in a tsunami and MG nailed a lot of it.. Yum yum, exquisite stuff Try not to get offended by black people for cryin out loud MG loves 'em Very very different from american black folk that's for sure SPY daily with volume showing the 100% Fibo next target.