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)
Tuesday, February 15, 2011
TOPIC OF LECTURE:15th feb 2011-I AM A FREE BIRD 7,8MONTHS LATER
BECAUSE I AM GOING TO EMIGRATE AWAY FROM SINGAPORE..
YES,NO MORE LIKE A BIRD IN A BEAUTIFUL CAGE!THE WORLD IS MY OYSTER!!
u will think what has my emigration got to do with stckmkt?
HELL LOTS OF ASSOCIATION!!
i am going to renew my past prediction of sp500 hitting 1580 BY SEPT2011!!
let me explain hsi,shanghai composite,sp500
SP500
THERE IS GREAT debate whether a A-B-C cyclical bull market OR a ELLIOTT 5 WAVE cyclical bull??
REASONS for A-B-C:
1)AS sp500 is still in a secular bear market,and the CRASH in 2007-2009 march was indicative of a ELLIOT 5wave down,HENCE THIS UPMOVE IN SP500 FROM MARCH 09 TO SEPT 09 will be an A-B-C upwave to 1580...
2)1st half from mar09-apr2010,the points was 560s,u project to the bottom of WAVE B(euro crisis excuse),u will also get 560 to 1580!!WAVE A AND WAVE C are usually SAME IN LENGTH AND TIMING
REASONS FOR ELLIOTT 5WAVE THEORY
http://www.thedisciplinedinvestor.com/blog/2009/03/03/elliot-wave-where-are-we-in-the-wave-structure/
1)FROM ABOVE,the subprime crisis was just the finish of a A-B-C wave and looks set to embark on a 5wave elliott.if it is elliottwave,then wave 3up is usually the MOST EXTENDED WAVE--set to take sp500 beyond 1580.
2)since elliott 5wave theory also suggests that the corrective phases ALTERNATE.
euro crisis takes place with a sudden plunge and almost 17pc,HENCE the WAVE4 correction will be a SIDEWAYS MOVEMENT,MATCHING with breakout of 1580 and retesting 1580 support AGAIN in a horizontal band.
SO GUYS--U VOTE FOR A ABC UP WAVE TO 1580 OR A START OF A ELLIOTT 5WAVE UP????
TGT FOR SP500:SEPT-OCT2011 1520-1580
SHANGHAI COMPOSITE
SSE hit peak in AUG09 and RESTED FOR 1.5YEARS TO FEB 2011,WHICH I ASSUME THIS MONTH IS THE REAL BREAKOUT AFTER NOV10 FAILED BREAKOUT...
1ST HALF IN SHANGHAI WAS FROM OCT08-AUG09,total of 10months,hence by feb 2011,we breakout of 3000,meaning ONE WAY UP FOR sse for next 10months!!
TGT FOR SHANGHAI COMPOSITE:NOV2011-JAN2012: 4400-5169!!
HANGSENG
HANGSENG ended its 1st HALF at 23100maximum set in NOV09,in between SHANGHAI maximum of 3456,set in AUG 2009 and USMKT PEAK IN APR2010
HENCE U KNOW HANGSENG 1ST HALF IS UP 8MONTHS FROM MAR09-NOV09.
HENCE FROM THERE,U KNOW THAT HSI WILL PEAK IN BETWEEN US PEAK AND CHINA PEAK.
JUST NOW, I HAVE PREDICTED SHANGHAI MAX IN NOV2011-JAN 2012 AND USMKT IN SEPT-OCT2011,HENCE I SET THE TIMING DATE FOR HANGSENG TO HIT PEAK IS NOV2011!!
SO IF U MINUS OFF 8MONTHS FROM NOV2011,U WILL KNOW THAT THIS DROP IN HANGSENG AND HENCE SP500 WILL END IN MARCH-APR2011!!!!!
HANGSENG TGT 21800-22000 (worst at 21300)IN MARCH2011,AND HENCE THE SAME PROJECTION OF 11k POINTS IN THIS 2ND HALF!!==32k!!(1ST HALF WAS FROM 12k TO 23K)
hangseng timing of 32k-nov2011!!
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