Since many people have asked, I will attempt to give you my interpretation of Elliott Wave and how it is playing out in the market. First, I must admit. I don’t claim to be an EW expert, but I hope my “standard” interpretation is of help.
Let’s take a look at the most likely recent count on the Wilshire 5000.
Explanation:
Long-Term: It appears the Wilshire 5000 is quickly approaching the termination point of its (5) wave up off of 2009 bottom. If true,we should see a massive sell-off later this year. Did it already complete? Click Here
Short-Term: It appears the Wilshire 5000 might have completed its intermediary wave 3 and now 4. It appears the market is now pushing higher to complete wave 5 of (5). If true, the above count should terminate the bull market. Did it already complete? Click Here
If you would like to find out exactly what happens next based on our Timing and Mathematical work, please Click Here.
ATTENTION!!!Please note, we have moved most of our free editorial content to our new websiteMarketSpartans.comPleaseClick Hereto view it.
Shiller’s Adjusted S&P P/E ratio is now at 31.44 Slightly off highs, but still arguably at the highest level in history (if we adjust for 2000 distortions) and still above 1929 top of 29.55.
Weekly RSI at 49 – neutral. Daily RSI is at 44 – neutral.
Prior years corrections terminated at around 200 day moving average. Located at around 19,100 today (on weekly).
Weekly Stochastics at 29 – neutral. Daily at 41 – neutral.
NYSE McClellan Oscillator is at -25 – Neutral.
Commercial VIX interest is now 70K contracts net short.
Last week’s CTO Reports suggest that commercials (smart money) have, more or less, shifted back into a net bearish position. For now, the Dow is 2X net short, the S&P is at 4.5X net short, Russell 2000 is 2X net short and the Nasdaq is 2X net long.
If you would like to find out exactly what happens next based on our Timing and Mathematical work, please Click Here.
ATTENTION!!!Please note, we have moved most of our free editorial content to our new websiteMarketSpartans.comPleaseClick Hereto view it.
President Trump’s recent missile attack on Syria has led the Russians to re-think its decision to put on hold a Syrian government request for the Russian S-300 missile defense system. Particularly with Russian troops still operating in Syria, Russia may well decide to deliver the system to the Assad government. The Israelis, who have conducted more than 100 bombing raids on Syria since the start of the war in 2011, threaten to destroy any missile defense system targeting Israeli planes while they are bombing Syria. Far from solving any strategic or tactical US goals in the region, the US missile attack has made the waters all the more dangerous. Tune in to today’s Liberty Report:
Since many people have asked, I will attempt to give you my interpretation of Elliott Wave and how it is playing out in the market. First, I must admit. I don’t claim to be an EW expert, but I hope my “standard” interpretation is of help.
Let’s take a look at the most likely recent count on the Wilshire 5000.
Explanation:
Long-Term: It appears the Wilshire 5000 is quickly approaching the termination point of its (5) wave up off of 2009 bottom. If true,we should see a massive sell-off later this year. Did it already complete? Click Here
Short-Term: It appears the Wilshire 5000 might have completed its intermediary wave 3 and now 4. It appears the market is now pushing higher to complete wave 5 of (5). If true, the above count should terminate the bull market. Did it already complete? Click Here
If you would like to find out exactly what happens next based on our Timing and Mathematical work, please Click Here.
ATTENTION!!!Please note, we have moved most of our free editorial content to our new websiteMarketSpartans.comPleaseClick Hereto view it.
Since many people have asked, I will attempt to give you my interpretation of Elliott Wave and how it is playing out in the market. First, I must admit. I don’t claim to be an EW expert, but I hope my “standard” interpretation is of help.
Let’s take a look at the most likely recent count on the Wilshire 5000.
Explanation:
Long-Term: It appears the Wilshire 5000 is quickly approaching the termination point of its (5) wave up off of 2009 bottom. If true,we should see a massive sell-off later this year. Did it already complete? Click Here
Short-Term: It appears the Wilshire 5000 might have completed its intermediary wave 3 and now 4. It appears the market is now pushing higher to complete wave 5 of (5). If true, the above count should terminate the bull market. Did it already complete? Click Here
If you would like to find out exactly what happens next based on our Timing and Mathematical work, please Click Here.
ATTENTION!!!Please note, we have moved most of our free editorial content to our new websiteMarketSpartans.comPleaseClick Hereto view it.
I am sure everyone has heard, in one way or another, of the Biblical story of Judgment of Solomon.
If you haven’t, the Judgment of Solomon is a story from the Hebrew Bible in which King Solomon of Israel ruled between two women both claiming to be the mother of a child. He tricked the parties into revealing their true feelings by using a fallacious appeal to moderation. Some consider it an archetypal example of an impartial judge displaying wisdom in making a ruling. You can read more about it here
The very same wisdom can be applied to today’s situation in Syria. An important matter as the world finds itself at the very edge of a nuclear war. Before we do, I encourage to study the latest…..
While a team from the UN’s Organization for the Prohibition of Chemical Weapons has yet to even arrive in Syria, dueling claims about what happened in the city of Douma are at the center of growing concerns over wider military escalation
WASHINGTON (Reuters) – The United States has proof at “a very high level of confidence” that the Syrian government carried out the recent chemical weapons attack in Douma but is still working to identify the mix of chemicals used, the State Department said on Friday.
I’ll make a prediction here. We will never see this proof.
Russia claims UK ordered local aid organisation to stage Douma chemical attack
Defence Ministry claims UK told White Helmets to fake a chemical bombing
Maj. Gen. Konashenkov, said images of victims were fakes staged with ‘Britain’s direct involvement,’ without providing evidence
At least 42 people died and hundreds were injured in Saturday’s air strike
Comes as UK, US and France are discussing possible responses to Douma
This is rather simple. Russia and Syria have been going out of their way to avoid broader conflict with the West. Putin even dismissed 100+ Russian mercenaries being killed in Syria last month. Something idiot/warmonger Pompeo boasted about in his confirmation hearings this week.
Plus, why in the world would Assad gas his own people when he has already won the war. These and other points are very well presented in the following video……
Perhaps the best evidence we have is….the US/UK war racket was on top of this story faster than a million hungry flies on top of manure mountain.
Only one conclusion can be derived from all of the above. Warmongers in the US/UK are desperate to trigger some sort of a war with Russia/Syria.
The problem is, as Russia has clearly stated, should the West strike, this war has a high probability of going nuclear. And that makes it just as disturbing and as it is downright criminal.
Luckily, the stock market tells us exactly what will happen next (war or not).
– State of the Market Address:
The Dow is back above 24,000
Shiller’s Adjusted S&P P/E ratio is now at 31.57 Slightly off highs, but still arguably at the highest level in history (if we adjust for 2000 distortions) and still above 1929 top of 29.55.
Weekly RSI at 50 – neutral. Daily RSI is at 50 – neutral.
Prior years corrections terminated at around 200 day moving average. Located at around 19,000 today (on weekly).
Weekly Stochastics at 24 – oversold. Daily at 78 – neutral.
NYSE McClellan Oscillator is at +12Neutral.
Commercial VIX interest is now 70K contracts net short.
Last week’s CTO Reports suggest that commercials (smart money) have, more or less, shifted back into a net bearish position. For now, the Dow is 2X net short, the S&P is at 4.5X net short, Russell 2000 is 2X net short and the Nasdaq is 2X net long.
Having said that, if you would like to find out exactly what happens next based on our Timing and Mathematical work, pleaseClick Here.
ATTENTION!!!Please note, we have moved most of our free editorial content to our new websiteMarketSpartans.com PleaseClick Hereto view it.
Since many people have asked, I will attempt to give you my interpretation of Elliott Wave and how it is playing out in the market. First, I must admit. I don’t claim to be an EW expert, but I hope my “standard” interpretation is of help.
Let’s take a look at the most likely recent count on the Wilshire 5000.
Explanation:
Long-Term: It appears the Wilshire 5000 is quickly approaching the termination point of its (5) wave up off of 2009 bottom. If true,we should see a massive sell-off later this year. Did it already complete? Click Here
Short-Term: It appears the Wilshire 5000 might have completed its intermediary wave 3 and now 4. It appears the market is now pushing higher to complete wave 5 of (5). If true, the above count should terminate the bull market. Did it already complete? Click Here
If you would like to find out exactly what happens next based on our Timing and Mathematical work, please Click Here.
ATTENTION!!!Please note, we have moved most of our free editorial content to our new websiteMarketSpartans.comPleaseClick Hereto view it.
Shiller’s Adjusted S&P P/E ratio is now at 31.44 Slightly off highs, but still arguably at the highest level in history (if we adjust for 2000 distortions) and still above 1929 top of 29.55.
Weekly RSI at 50 – neutral. Daily RSI is at 47 – neutral.
Prior years corrections terminated at around 200 day moving average. Located at around 19,000 today (on weekly).
Weekly Stochastics at 22 – oversold. Daily at 56 – neutral.
NYSE McClellan Oscillator is at +21 Neutral.
Commercial VIX interest is now 70K contracts net short.
Last week’s CTO Reports suggest that commercials (smart money) have, more or less, shifted back into a net bearish position. For now, the Dow is 2X net short, the S&P is at 4X net short, Russell 2000 is 2X net short and the Nasdaq is 2X net long.
Having said that, if you would like to find out exactly what happens next based on our Timing and Mathematical work, pleaseClick Here.
ATTENTION!!!Please note, we have moved most of our free editorial content to our new websiteMarketSpartans.com PleaseClick Hereto view it.
– State of the Market Address:
