SUMMARY OF ALL SP500 UPTRENDS AND CONSOLIDATIONS
THANKS TO YOU ALL-MY PAGEVIEWS SKYROCKETED IN JAN2012,ONE MONTH ALONE is EQUAL TO 6MONTHS OF
PAGEVIEWS!!A BIG THANK YOU
SINCE THIS THREAD "SUMMARY OF ALL SP500 UPTRENDS AND CONSOLIDATIONS" THREAD IS SO POPULAR,THE HIGHEST VIEWERSHIP,I PUT IT IN THE FRONT PAGE
SUMMARY OF ALL SP500 uptrends and consolidations
UPTRENDS-
1. Mostly 10weeks,although some may be 9,11,12.how to recognize?--uptrend "mysteriously" maintained by a diagonal uptrendline connecting the lows of that 10weeks uptrend
2. 1st and last(10th) week always end in surges of aorund 3-6%with the least 1st week gain was 2.7%.The humpy uptrend will "mysteriously" start and end with surges up.
3. If the (X-1)th 10+weeks end below a fibo of the 1576-666 range,THEN the next,Xth, 10+weeks will end AT THAT FIBO.
4. If the (X-1)th 10+weeks end ABOVE a fibo of the 1576-666 range,then the NEXT,Xth, 10+weeks will end AT THE NEXT HIGHER FIBO.
5. Every year's end, at the last trading day of the year,sp500 will end near a fibo of 1576-666 range.
6. Every 10+weeks uptrend will start AFTER a double testing of the diagonal uptrend line formed by the humps from july 13th week 2009.
7. The uptrend in the secular bear market,before breakout 1576, will be a "humpy" ride,whereby i forecast a total of 4 humps to test 1576.
8. After the sp500 breaks out of the 1576 resistance,the diagonal uptrendline will be much sharper than the uptrendline of the 4 humps.
9. The peaks of each hump will occur at AROUND 350-360 POINTS ABOVE THE CORRECTION TESTED FIBONACCI.
10. 2009 REPLICATE 2003,2010 REPLICATE 2004,2011 REPLICATE 2005,SO ON--I mean the closing values and their respective fibo,
CONSOLIDATIONS-CORRECTIONS AND RETRACEMENTS
1. Every correction will have one week of huge plunge about 100points in sp500
2. every Long/HUGE weekly plunge of around 5-8% in the sp500 will be met with a return to the start BEFORE the huge plunge(weekly open) of THAT LONG WEEKLY DOWN CANDLEBODY in 23 to 24 weeks
3. After the peak of each hump has been achieved,there will come a plunge BACK to the fibo of 1576-666 range.---------
eg. 1st hump ended at 1219,near 61.8%,then sp500 plunged back to retest the 38.2%,before the NEXT hump will be formed
eg. 2nd hump peaked at 1370,near the 78.6%,then sp500 plunged back to retest the 50%..so on..
1st correction went to the 38.2%,1013, lowest 1010 and built a base around 1065
-took 24 weeks to reach the open of the HUGE weekly plunge of 120points,week of MAY 3RD 2010
-dropped a total of 210points-2nd week from the top of the 4th 10+weeks uptrend pattern 1217,was the huge weekly plunge
-took 8weeks to hit the lowest point 1010
2nd correction went to 1074 lowest,BUT built a base around the 50% fibo,1120.
-took 23 weeks to reach the open pf the 2nd HUGE weekly plunge of 120points,week of August 1, 2011
-dropped a total of 270points from 1344 and 300points from the HEAD peak 1370
-the huge weekly drop also happened in the 2nd week from the 5th 10+weeks uptrend pattern close peak of 1344.,the LEFT SHOULDER OF THE head and shoulders
-took 9weeks to hit the lowest point 1074
THIS IS THE NEW AND IMPROVISED VERSION OF THE MOST POPULAR POST IN MY BLOG
LET US RECALL THE LIES OF MEDIA OR PEOPLE WHO DON'T KNOW HOW TO EXPLAIN
1)DATA GOOD,COMPANIES EARNINGS GOOD,INDEX DROP= "FACTORED IN" OR "LESSEN STIMULUS HOPES"
2)DATA BAD,COMPANIES EARNINGS BAD,INDEX RISE="INCREASED STIMULUS HOPES"
3)WHEN USA CRISIS CAME,FULL OF CDO SHIT PROBLEM,NO1 KNOWS THERE WILL BE A EUROPE CRISIS IN 2009.THEN CAME EUROPE CRISIS.
4)WHEN EUROPE CRISIS BECOME STALE NEWS,FOCUS SHIFT TO LIBYA GADDAFI TO "EXPLAIN" DROP IN USA MARKETS
5)THEN AFTER GADDAFI NEWS BECAME STALE,THEY SHIFT BACK TO EUROPE AND CHANGE TO "AUSTERITY" SHIT
6)THEN AFTER EURO AUSTERITY NEWS BECOME STALE,THEY SHIFT FOCUS BACK TO USA AND INTRODUCED "FISCAL CLIFF" SHIT JUST BECAUSE BERNANKE MENTIONED FISCAL CLIFF
I "LOVE" THEIR SHIT.EVERYTIME THE STORY BECOMES OLD AND STALE,SOMETHING NEW WILL POP OUT AND THE OLD ONE WILL NEVER BE MENTIONED AGAIN-SINK INTO OBLIVION!!
1ST CDO,LIBYA,AUSTERITY,NOW FISCAL CLIFF.NEXT FUCK YOU!!DID CDO SHIT RESURFACE AGAIN NOW?WHO REMEMBER GADDAFI,LIBYA PROBLEMS SUDDENLY SOLVED FOREVER??
GRANDMOTHER STORY SPINNERS FUCKERS.
19th October 2013
NEPTUNE ORIENT LINES ROBOTIC PATTERN
1) BASE
A-
WEEK oF 17 NOVEMBER 2008—0.93
Week of 9 March 2009—0.85
DOUBLE BOTTOM HIT
3+ MONTHS APART
BETWEEN 1ST AND 2ND BOTTOM
RALLIED +182% IN
1YEAR,1 MONTH, HIT NEAR 2.40 IN APRIL 2010
2) BASE
B-
Week of 22 August 2011—0.98
Week of 21 November 2011---0.995
DOUBLE BOTTOM HIT
3 MONTHS APART BETWEEN
1ST AND 2ND BOTTOM
RALLIED +53% IN 3
months.HIT 1.515 IN 20 FEBRUARY 2012 WEEK
3) BASE
C-
Week of 23 July 2012—1.05
Week of 19 November 2012---1.05
DOUBLE BOTTOM HIT
3+ MONTHS APART
BETWEEN 1ST AND 2ND BOTTOM
RALLIED +30% IN 1.5months.HIT
1.36 IN 7 January 2013 WEEK
4) NOW,IT
IS BASE D TIME
Week of 10 June 2013—1.025
Week of 26 August 2013---1.025
DOUBLE BOTTOM HIT
Near 3 MONTHS APART
BETWEEN 1ST AND 2ND BOTTOM
RALLIED ????% by
??????
N.O.L-NEPTUNE ORIENT LINES-N03.SI (WEEKLY CHARTS) YEAR 2006:6 NOVEMBER TO 1ST JAN2007: 1.77 TO 2.20 (+43c) YEAR 2008:17NOVEMBER TO 5JAN2009: 0.84 TO 1.175 (+33.5c) YEAR 2009:2NOVEMBER TO 11JAN2010: 1.51 TO 1.94 (+43c) YEAR 2010:22NOVEMBER TO 3JAN2011: 2.07 TO 2.40 (+33c) YEAR 2011:21NOVEMBER TO 30JAN2012: 0.995 TO 1.43 (+43.5c) YEAR 2012:19NOVEMBER TO 7JAN2013: 1.055 TO 1.36 (+30.5c)
Saturday, September 4, 2010
from the US HOUSING AND STOCK MARKET CHARTS, A AND B
SCENARIO 1.the us stckmarket MAY dangle in this consolidation band for another 10 years from 2010 to 2020 with us housing market to the downside to 2000levels.
we see that the rest in the stock market is TWENTY YEARS, namely1930 to 1950 and 1960 to 1980 roughly.and the us housing market is the MAIN CULPRIT in 2007, the rest in the us house market is fourty years, namely 1900 to 1940s hovering on the 5 line,even the GREAT DEPRESSION IN THE STOCK MARKET in 1930s cant bring the housing market in us to go below the 5 line,and didnt erase ALL gains from 1900 to 1930s.THE US STCK MARKET is the cause of 1930s depression, hence u see a return to 1900s levels in 1930s.so this tells us FURTHER DOWNSIDE IN THE US HOUSING MARKET IF WE SUPERIMPOSE THE HOUSING TO THE STOCKMARKET CHARTS IN 1930S as 2007 was caused by the US subprime.
SCENARIO2:SINCE subprime was us housing caused,and not the us stockmarket, hence it also suggests the opposite of 1930s that us stockmarket to break out UPWARDS of the band MUCH EARLIER than the us housing market.we can see that the us housing market broke off in 1940s when the us stckmkt hover in the band to 1950s.
so which scenario is MORE LIKELY to happen?we look at signs from us and other parts of the world.
fact 1. look at the hangseng charts.even with us subprime hangseng is unable to go below the uptrend channel from 1986.a TWENTY FIVE YEAR CHANNEL!!!and the hangseng level now in 2010 exceeds that of 1997,sugggesting a cheong to above 32K in the hangseng to about 36K!!(draw a diagonal straight trendline connecting highs)
BUT the HONGKONG HOUSING MARKET (chart C) was unable to go above 1997 highs for the smaller flats,other than GCBs,it was only the GCBs that return to higher than 1997 highs,suggesting EVEN WITH INTEREST RATES AT RECORD LEVELS, AND HKD SUPER LOW NOW, STILL UNABLE TO PUSH THE OVERALL HONGKONG HOUSING MARKET TO NEW HIGHS,suggest weakness in the HK salary terms and the HK economy.(same for singapore also)
WITH THIS HANGSENG CHART,I DEDUCE SINCE HANGSENG IS STILL WAY ABOVE 1997 LEVELS,14K VERSUS NOW 20K,HANGSNEG WILL GO RETEST THE UPTREND CHANNEL RESISTANCE AT 36K,HENCE THAT IS LIKELY TO BE CAUSED BY US STOCK MARKET GOING TO NEW HIGHS IN THE 2010 TO 2020 PERIOD--SCENARIO 2!!!!!
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