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Wednesday, February 3, 2016

February 3 2016

There are two yellow forks.  One is Up and the other Down.  These are the most certain.
The Cyan fork describes a longer prolonged bearish trend.  The Red fork fits better with a Wave 3 collapse.
For now BOTH Yellow forks are the solid, but what generally happens is a larger fork begins to develop.  This is why I have drawn the Red and Cyan forks.  The market usually follows the longer more prolonged path so I favor the Cyan fork, but world events cause me to acknowledge the validity of the Red fork.   Theoretically we are still bullish long term until the large Yellow Upward fork breaks.  Certainly I would expect it to offer support near the bottom tine, but this long bull ride is long over due for a catastrophic collapse.
The rectangles are how I calculate Fibonacci targets,  The ovals are targets.  The arrow indicates when the Syrian War flared.  This would normally be good for the market, but I think the tide may be turning.  New World Order (NWO) will not necessarily be good for the markets.

The push to frack oil was part of the NWO plan to destabilize economies and the equities market. Refugees are being used to devastate Europe's economy, and create tensions between Christians and Muslims.  It's is all part of the Zionist plan.  By the way - Boko Haram and DAESH are not Muslims.   They are a product of Israel.  Be ware of false flags. Don't be mislead into hatred of the wrong people.  WWIII is close at hand, wouldn't it be great if all the people of the world chose to tell the Zionist elite to go fight their own battles.  We have the intelligence to make better choices. 

Monday, December 14, 2015

December 14 2015

2200 looks possible.

Monday, December 7, 2015

December 7 2015

Overall the market still looks bullish with strong support near 2030.

Wednesday, November 18, 2015

My forks for November 18 2015

My forks for November 18 2015.

Tuesday, October 20, 2015

Tuesday October 20, 2015

This is exciting!  While bumping up against resistance, the Ichimoku is giving a strong buy signal.  But some EW guys are saying this is a wave 2 correction in a downward trend capable of retracing into wave 1 to around 2060 or higher. 
It could go either way but I feel these forks are going to give the signal depending on which one breaks first.  The red fork is being stretched and the green fork is looking pretty solid.  If we break 2030 the market will be above resistance. 
The green fork is the one to watch.  Keep in mind that it's new and may widen by a small amount.

Friday, October 16, 2015

Friday October 16 2015

Spot on. 

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