Readers of this blog will recognize this as the moment where I begin to adjust a large proposed pattern, while we really haven't yet confirmed any part of it -- in this case the point #23 high we are looking for next week.
So far,
so good on the bond call, though, yes? I am
very pleased to see the "short bonds" crowd getting crucified lately. HAHA.
The core waves of the big move to point 28, completing the 3PDH pattern, get underway right after Christmas. A very scary zig-zag gives us a proposed final low of 550 SPX in spring of 2016.
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| SPX 05-28 |
Tick tick tick tick tick ....
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| VIX 05-28 |
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| SPX 05-28 5Y |
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| SPX 05-28 10Y |
Scariest headline of 2014, IMO.
ReplyDeleteagree no 2200 this year. max maybe 2150. but 2200-2400 in 2015. fed & wall street are too powerful. we'll continue to see low volume meltups so strong the vix is now rising-hahha. still target 9 handle and maybe even lower.
ReplyDeleteHypertiger! Hypertiger! Hypertiger! Hypertiger! Hypertiger! Hypertiger! Hypertiger! Hypertiger! Hypertiger! Hypertiger! Hypertiger! Hypertiger! Hypertiger! Hypertiger! Hypertiger!
ReplyDelete