Friday, February 14, 2020

2/14/20 Coming Week Market Projections

Global Trading Signal: 'Elevated Optimism' (not yet max'd out).
2/17/20 10:00pm EST. (Futures Market Open- U.S.)
ES is butting right up against the low end of the beginning upper target zone.

Opinion: Once again- reading 'crash' in many articles from diverse sources. No one has been able to call a crash in the popular media unless by coincidence. There are a few exceptional cases here and there.. (Call it frequently enough and you'll hit one of them sooner or later). The market is chronically bullish as humanity progresses with corrections of various sizes along the way. 'Correction' is the 'correct' term- please. So far the market has never permanently turned down. To call that it would have to try to take out the lows since it's inception! Yes, there can be deep corrections most would prefer not to get caught in and those are usually relatively rare events in anyone's investment lifetime. Often, more 'crash' noise in the press can reflect a type of majority 'thinking' in some circles that indicates more upside to come. The historical conditions have demonstrated the most likely scenarios for deep corrections in various charts and those do not seem to align just yet.

There is an interesting video referenced at the very end of the post. A dramatic demonstration of tipping point dynamics in the natural world.

As can be seen from the chart- there are definite parallels with the 2007 top but there might be more room for the 50ma to turn lower in a pre-top corrective move to below the 2750 level enumerated on the chart. The analyzed 'size' of the top flag should also provide a clue as to the extent of the next correction when it triggers. A deeper analysis of what this chart might be telling us very long term is under review.

Global Trading Signal: 'Elevated Optimism' (not yet max'd out).
2/14/20 07:00pm EST.  Some very interesting vectors showed up after the close that looked very much in support of continued elevated optimism at least for now.

For those of you interested in cycles defined as calendar days divided by Pi (3.1416), the previous top date 1/17/20 (Dow Industrials) + 31 calendar days brings us to 2/17/20 (Monday). 31 calendar days / Pi = 10. Whole round numbers divisible by 10 are often significant in terms of the Pi constant as it relates to price highs or lows ( +/-  1 or 2 days ) so we will see if that has any alignment potential. (for reference only). 

Looks like more price targets still to come..(see lower chart). 

Note that considering the recent consistency of the Global Trading Signal: 'Optimism' and 'Elevated Optimism' (not yet max'd out), the targets enumerated below could be the beginning upper zone targets. However, if a 'max'd out' condition arises then a top flag could trigger around it.

Waiting for the top analytics to trigger.

The bots will flag a "V" when they see a top. 
Our favorite go to site- McVerry Report
This information is for entertainment purposes only. Financial loss can occur from investing.

Could be more sideways/up on the advance-decline (nyad) MACD:






Watch this incredible video of what happens when a 'tipping' point is reached. First 3 minutes of the video demonstrates this phenomena spectacularly. Initial stirrings precede the larger mass as it is released, elevates under it's upward displacement momentum and then becomes unstable and collapses. What is most noteworthy is how it looks as though it will just keep elevating forever immediately prior to it's actual collapse. Even the photographer starts to pan away right at the critical point.

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