Find out why you might be wasting your time with the Japanese Yen at the present moment. As the chart above suggests the Japanese Yen has been stuck in a mind numbing trading range for some time now. Find out why that environment is likely to continue, why the support/resistance levels on the chart above are so important and what happens next.
If you would like to learn more, please Click Here.
ELLIOTT WAVE UPDATE:
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 S&P.
Explanation:
Long-Term: It appears the S&P 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 S&P 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 website MarketSpartans.com Please Click Here to view it.
The state of today’s market is very well known to attention paying market participants or bears. So much so that most investors would argue that it is incredibly easy.
The FED and other central bankers around the world have pumped a tremendous amount of “out of thin air” money into the system, leading to speculative run ups in nearly all asset classes. With most spectacular gains occurring in the stock market. This is very well summarized by the chart below. 
What’s more, most investors today would argue that the fact that Central Bankers have been so successful in the past can only lead to one conclusion. They will not let this market implode, no matter how high the valuation levels get. Also know as, buy the dip.
Not only that, should a correction occur, the FED will immediately flood the system with QE 4 and negative interest rates. Leading to yet another massive run up in all asset classes. This is the view expressed here…..
And today, we find out that once again, derivatives are at the root of the current bubble (debt). And once again, the Central Banks will be cranking up the printing presses to paper over this mess when the stuff hits the fan. Already, Central Banks are printing nearly $180 billion per month in QE. When the next crisis hits, it’s going to be well north of $250 billion if not $500 billion per month. This is going to send inflation trades, particularly Gold, through the roof.
And that is exactly what most bullish investors are banking on today.
Yet, as the article states, “Assumption Is The Mother Of All F*** Ups”
Meaning, just because the scheme above worked nearly flawlessly in the past, doesn’t mean it will not backfire in the future. That is the primary point I wish to drive home.
Let me give you an example. Let’s assume recession hits and the S&P drops 25%. The FED announces rate cuts and QE 4. Yet, the bond market doesn’t respond. Instead, yields and the dollar surge higher. Game over and checkmate. Any such collapse would simply accelerate lower.
Impossible? Again, don’t think in a linear fashion most investors apply today.
If you would like to find out exactly what happens next based on our Timing and Mathematical work, please Click Here.
Most recently OIL (CL) has been fighting with a long-term and very powerful resistance level located at around $50. Compressing wedge above – top line. Is OIL getting ready to breakout about this important level or is it topping here? Perhaps pushing well below 2015 low of $26.05 in the process. Assuming the wedge breaks to the downside.
Well, that is exactly what we discuss HERE. If you would like to find out what OIL will do next based on our mathematical and timing work, please Click Here
– State of the Market Address:
In summary: For the time being and long-term, the market remains in a clear bull trend. Yet, a number of longer-term indicators suggest the market might experience a substantial correction ahead. Plus, the “smart money” is positioning for some sort of a sell-off.
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 website MarketSpartans.com Please Click Here to view it.
ELLIOTT WAVE UPDATE:
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 S&P.
Explanation:
Long-Term: It appears the S&P 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 S&P 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 website MarketSpartans.com Please Click Here to view it.
The chart above is rather self-explanatory. GDP expectations, in additions to earnings, haven’t moved very much off of 2016 lows. All while the stock market is up 30%+.
What gives?
Well, as the chart above shows the likes of Janet Yellen have pumped $3 Trillion of freshly printed green into the stock market and/or the Economy. To save the day, to avoid the collapse, etc…
Which brings us to this little problem……..
Ummm, 30.65…..are you f$#(ing kidding me? That’s the highest valuation level in history if we adjust for 2000 lack of tech earnings distortion. This is insane. Mind you, the median is around 15-16 and that would cut most indices in half. And that’s assuming the market doesn’t overshoot on the way down.
But worry not my friends…….. 
Wait a second….is that bullish or bearish?
Record 65% Think Stocks Will Rise Over Course of One Year: Did the Bell Just Ring?
Considering all of the above it would easy to come to a conclusion that we are in the midst of a massive financial bubble that is about to go “Poooof”. However, an immediate conclusion is often not a correct one.
If you would like to find out exactly what happens next based on our Timing and Mathematical work, please Click Here.
