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Trade Of The Day – Australian Dollar

Here is an interesting fact. Did you know that despite its most recent bounce, commercial interests (smart money) maintain a massive short position against the currency. At 21X NET short. So, what will the Australian Dollar do next? We have an answer. Please Click Here to find out.

Daily Stock Market Update & Forecast – August 24th, 2017 – Elliott Wave Edition

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 Utter Stupidity Of Washington Is Beyond Comprehension

There was only one reason that millions of Americans and I have voted for Mr. Trump. It was not about the wall, immigration, tax cuts, crooked Hillary, etc…. Mr. Trump was elected to stop perpetual wars so we can all concentrate on America first.

The exact opposite has happened.

Washington mulls supplying Ukraine with lethal weapons – US defense secretary

Mattis also pledged to support Ukraine over Crimea, which reunited with Russia after a referendum in 2014. Ukraine, backed by Western governments, rejected the results of the referendum, and sanctions were imposed on Russia when the region seceded from Ukraine.

“The United States stands with Ukraine in all things,” Mattis said over the Crimean issue.

“We do not and we will not accept Russia’s seizure of the Crimea and despite Russia’s denials, we know they are seeking to redraw international borders by force, undermining the sovereign and free nations of Europe,” he told reporters.

And there you have it. If you are still supporting President Trump under some sort of a presumption that he is playing 4-D Chess, you need to wake up and smell the manure.

Whatever we voted for no longer exists and it took less than eight months. It appears the swamp has drained the Trump and not the other way around.

A frustrating development if we consider our overall forecast. Once again,all pieces are slowly moving into place. Are you prepared?  Nuclear World War 3 Is Coming Soon.When, How & Why (Full Report)

 

Trade Of The Day – Silver

On August 16th SILVER hit an important TIME juncture in our work. Will we see a short-term top here or acceleration to the upside? To learn more about exactly what that means and what silver is expected to do in the future, please Click Here

Daily Stock Market Update & Forecast – August 23rd, 2017

– State of the Market Address:

  • The Dow finds itself back below 22,000.
  • Shiller’s Adjusted S&P P/E ratio is now at 29.60 Off highs, but still…..arguably the highest level in history (if we adjust for 2000 distortions) and still above 1929 top of 29.55.
  • Weekly RSI at 67.15  – neutral.Daily RSI is at 50.60 – neutral.
  • Prior years corrections terminated at around 200 day moving average. Located at around 17,950 today (on weekly).
  • Weekly Stochastics at 73.88 – overbought. Daily at 35.40 – neutral.
  • NYSE McClellan Oscillator is at -15. Neutral to slightly oversold..
  • Volatility measures VIX/VXX have spiked higher off of their historic lows during the week. Commercial VIX long interest was lower. Now at 80K contracts net long. 
  • Last week’s CTO Reports suggest that commercials (smart money) are shifting their positioning to net short. Short interest has shifted slightly during the week. For now, the Dow is 7X, the S&P is at 3X, Russell 2000 is net neutral and the Nasdaq is at 1.5X short. That is a substantial short position against the market.

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.


God Bless The United States Of America?

Did you watch President’s Trump Afghanistan speech on Monday?

I did. Well, if you consider cursing at your TV watching, but I regress. By this point Mr. Trump has broken just about every promise he made during his campaign and his supporters are paying attention. My views on the subject matter are very well represented by the following articles.

And today we get this……..

Now, it is the last line of President Trump’s speech that really got me laughing.

“GOD Bless The United States of America”

Excuse my ignorance, but what kind of a GOD would bless anything coming out of Washington over the last 15-20 years. Genocide, homicide, illegal wars for profit, money printing and economic warfare, destabilization of at least a half a dozen countries, destruction of an entire region, mass exodus of refugees and deaths of at least a MILLION men, women and children who’s misfortunes can be directly tied to Washington’s criminality.

What kind of a fucked up GOD would bless anything like that???

There was a quote carved into the wall of a Polish concentration camp. It reads…..

I really love American and the principals it was build on. Yet, it hurts me to see what it has become. Make no mistake, no GOD will bless anything remotely similar to death and destruction the United States brings to other parts of the world in the name of profit and power.

The deterioration of our civil fabric and the country as a whole we see on TV on the daily basis is the direct result of just that. We cannot behave like crazed up killers and expect a different outcome. Unfortunately, our judgement day is still ahead.

I don’t know,  it probably would have been more appropriate for Mr. Trump to end his speech with….

“Be not deceived; God is not mocked: for whatever a man sows,
that shall he also reap” 

Daily Stock Market Update & Forecast – August 22nd, 2017 – Elliott Wave Edition

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.


Daily Stock Market Update & Forecast – August 21st, 2017

– State of the Market Address:

  • The Dow finds itself back below 22,000.
  • Shiller’s Adjusted S&P P/E ratio is now at 29.66 Off highs, but still…..arguably the highest level in history (if we adjust for 2000 distortions) and still above 1929 top of 29.55.
  • Weekly RSI at 65.43  – neutral.Daily RSI is at 45.17 – neutral.
  • Prior years corrections terminated at around 200 day moving average. Located at around 17,950 today (on weekly).
  • Weekly Stochastics at 71.08 – overbought. Daily at 8.03 – oversold.
  • NYSE McClellan Oscillator is at -42. Neutral to slightly oversold..
  • Volatility measures VIX/VXX have spiked higher off of their historic lows during the week. Commercial VIX long interest was lower. Now at 80K contracts net long. 
  • Last week’s CTO Reports suggest that commercials (smart money) are shifting their positioning to net short. Short interest has shifted slightly during the week. For now, the Dow is 7X, the S&P is at 3X, Russell 2000 is net neutral and the Nasdaq is at 1.5X short. That is a substantial short position against the market.

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.


The Most Important Question Most Americans Must Answer

I have to admit, I am rather dumbfounded and confused by what is going on in today’s America.

After all, the media keeps telling us that America is the shining light on the top of the hill and best hope for humanity and freedom.

Plus, America and Americans should be at the top of the economic food chain as some of the wealthiest people on Earth.

Yet, the population is polarized to such an extent that Pat Buchanan had to ask if we are approaching the point of no return.

Patrick J. Buchanan: Is second civil war coming?

For God’s sake, people are literally killing each other over something that has happened 150 years ago and that has absolutely nothing to do with today’s society/environment. If this is NOT sheer insanity on a massive scale I don’t know what is.

Here is the most important question most thinking Americans must ask today…..

WHY? 

Are we being manipulated into augmented reality by bloodthirsty media, has the FED distorted all mean of economic fairness, does “karma” associated with idiotic overseas wars is finally catching up to us all, etc…..?

Think about it and we will try answer this very complex question tomorrow.