Analysis Method: Fibonacci & Wave Theory
Please see previous analyses for further information.
This is a continuation of the SP500 analysis that was started July, 2018.
SPY has completed a 5 Wave Super-Cycle (143 years) and is now in a correction phase.
An 'Irregular Correction' is when the B Wave exceeds the Terminal 5th Wave.
It is my opinion, the Private Federal Reserve is running out of monetary 'ammo'. The private bank can no longer raise interest rates and is now being forced to cut rates in an objectively 'good economy'.
All gains can directly be correlated to the Private Federal Reserve's monetary injections.
The Hedge: Cryptocurrency
Analysis Method: Wave Theory & Fibonacci
143 Year Super-Cycle:
Wave Theory Rule: 2/3 Impulse Waves will near equality
Irregular Correction are most often observed after a Wave Cycle with a Double Extension
Waves 3 & 5 both extended.
Will update.
FMW
ノート
I believe we are seeing the end of the 'B Wave'.ノート
Extending Wave 1 (Hourly)ノート
$2829 is a key level...ノート
If $2829 breaks look to $2768...ノート
If 2829 holds, look for a correction sequence.ノート
Based on the price-action, it looks like we will break 2829.ノート
Flat Corrections usually terminate around 100% & 123.6% Level respectively...ノート
Above: Daily Chartノート
Above: 3 Minute Wave Countノート
Above: Sub-Micro Sequenceノート
Sub-Micro Retrace Levelsノート
Double Flat Correctionノート
No real support here unless the Private Fed can pump...ノート
New Wave Sequence should be forming now...ノート
Could be another big down day...We will find out soon...
ノート
Watch the futures...ノート
Headline: STOCKS SURGE ON BETS CENTRAL BANKS TAKE ACTIONto fight a biological virus...
ノート
Price-action is Trapped in the 'Ending Diagonal'ノート
(Bloomberg) -- U.S. stocks surged as investors gained confidence that stewards of the world’s largest economies would act in concert to offset any impact from the spreading coronavirus.ノート
The S&P 500 jumped more than 3%, the most in a year, after news that Group of Seven finance ministers and central bankers will hold a teleconference Tuesday to discuss how to respond to the outbreak. Tech shares led gains after seven straight days of declines for the benchmark index, with monetary policy makers from Japan to England joining the Federal Reserve in promising to take action to support their economies if needed.ノート
In other words...'Lets Accelerate the Destruction of Value in our Currency'ノート
While Interest Rates plummet...ノート
Should be beginning a new wave sequence down...ノート
We are about to drop...ノート
Target: $303-$301ノート
If $301 breaks look to $298...ノート
We should be turning extremely hard....ノート
Looking for a Minor Wave 3 to begin...ノート
We got the turn I was looking for...ノート
$3,031 is a Key Level.ノート
If $3,031 breaks look to...ノート
$3,012ノート
Then $2098.50ノート
*Correction $2928ノート
5 Minute Count (Above)ノート
Moving Averages:EMA 33 Green
EMA 50 Yellow
ノート
EMA 300 Redノート
Estimate Micro-Wave 3 Target Area: $2980-$2928.50Timeframe: <7 Hours
ノート
Fed Suicide Watch...Interest Rates going to Zero...
ノート
Fed credibility gone...ノート
Going to create new Hourly thread.ノート
Should be picking up momentum to the downside...ノート
Immediate Target: $2984.25 - $2923.75関連の投稿
免責事項
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
免責事項
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

