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1/ Mini Chart study. In 2018, historic euphoria led to a peak in Jan. where everyone wanted to be long. The S&P proceeded to drop 12% in under 2 weeks. We have exceeded that metric now. There won't be a recovery on the next event like this which will contribute to the snowball.
2/ Just prior to the Great Depression (GD), commodities peaked in 1920, 9 years BEFORE GD began, and didn't bottom until GD ended. Currently, commodities peaked in 2011 - 9 years ago.
4/ Correction, peaked in 2008, 2ndary peak in 2011 so 11 years ago. Time scale is still relatively same magnitude and should not bottom until market crash occurs.
5/ Current commodities chart from 2008 peak. Pretty clear wedge developing. Current corrective from 2016 following EXACT same pattern as last time and we are at the end.
6/ Gold will follow the same. In a major crash, flight to safety is non-existent. Cash will need to be raised at all costs to unwind massive leverage. Sell everything will be forced. Gold should bottom in middle of red range, likely when market bottoms.
7/ Complex double zigzag up from Dec 2018.
8/ 3 peaks tutorial again
9/ S&P fit into the model. Perfecto!
10/ China. Textbook 5-3-5 zigzag near complete. Might have a few days left. Sign the lame deal, sell the news. Note what preceded was a 3 wave pattern down so I expect the break to lead to the same.
11/ $USD in classic falling wedge. Only need 5th wave down to complete. Not shown but each wave subdivides into sets of 3.
12/ Once wedge completes, Dollar go BOOM!
13/ I have no words for this one. The 2000 peak doesn't even register. Dutch tulips anyone?
14/ Oops...forgot chart
15/ This has ABSOLUTE disaster written all over it. Diamond tops. The most bearish of bearish patterns.If you are still in this, WHY!!!??? GTFO. Don't say I didn't warn you.
16/ Triangles break ~2/3 of the way through. We're there. When dollar goes boom and debt bubble starts to burst, who do you think will be buying cars? GM know something?
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