Archive for the ‘Forecast’ Category

Sat 1 June

1 June 2013 - 10:03 am UTC

Previously I asserted 9 May 2013 was The Top, but I was wrong.
Equity markets actually topped on 22 May 2013.

MARKET TOP DETAILS:
22 May 2013 – DJIA 15,542
22 May 2013 – S&P500 [aka SPX] 1,687
22 May 2013 – NASDAQ Comp 3,532

This marks the end of the stock rally which commenced early 2009.
The WILE E COYOTE collapse will now commence.
Due to egregious central bank intervention and Wall Street
complicity long only investors will lose most or all of their
money as the March 2009 lows are eventually breached.
Well done.

Contrarian Indicators Signaling A Market Top.

31 May 2013 - 8:08 pm UTC

Contra_May_2013z

2013-05-28_CONTRA2

29 May 2013

MAY 2013

Fri 31 May

31 May 2013 - 6:08 am UTC

LMAO, STOCKS ARE THE VERY LAST TO GET THE BEAR
MEMO…

Wile E Coyote stock drop real close.

HEATING OIL / NATGAS / CRUDE OIL / GASOLINE down legs
strengthen & more expected.

USDJPY, AUDJPY, EURJPY, NIKKEI day/week/month charts show
EXTREME OVEREXTENSION & impending collapse.

The Wile E Coyote Drop.

29 May 2013 - 5:02 pm UTC

[For anyone who hasn’t seen this yet]

As mentioned for several months, short covering has been a significant contributor to the equity rally.

Burnt shorters panic buy as they close their losing short trades which has ramped the market higher and higher.

The shorters can be hedgers or speculators but the result is the same ~ the market spiked UP.

What happens when you stretch the bungee cord too far as a result of substantial short covering ?

A waterfall collapse will result and there will be less shorters than before – thus less support for the market when longs start panic selling.

SP500 / DOW / NASDAQ – are dangerously overextended and monthly charts warn of a nasty Wile E Coyote crash.

Choppy price action on these indices reveal unstable uptrends that are destined for collapse.

The Wile E Coyote drop has been delayed but remains a certainty…

This substantial delay – with much needed corrections prevented due to central bank intervention – ensures the inevitable crash will be worse.

It’s no brainer.

DXY [US dollar] monthly chart continues to give bullish warnings and a significant US dollar rally awaits.

Wed 29 May

29 May 2013 - 10:57 am UTC

Wile E Coyote stock drop real close now.

NATGAS leg down commences.

Warning – despite SPX charts breaking down further, more DXY
selling & EURUSD buy support detected.

Rallies Caused By Squeezed Bears = Nasty Wile E Coyote Crash.

28 May 2013 - 12:14 pm UTC

2013-05-28_dax_mth2
DAX monthly chart shows impending Wile Coyote crash.
It’s no brainer.

Tues 28 May

28 May 2013 - 9:05 am UTC

LMAO, another classic SPX short squeeze today before the
Wile E Coyote Crash. Here comes the DXY rally…

USDJPY, AUDJPY, EURJPY, NIKKEI day/week/month charts show
EXTREME OVEREXTENSION & impending collapse.

Mon 27 May

27 May 2013 - 8:07 am UTC

‘April 14, 2013: USDJPY daily / weekly / monthly charts
show EXTREME OVEREXTENSION with risk of collapse’

Fri 24 May

24 May 2013 - 8:33 am UTC

WARNING, EURUSD & SPX BUY SUPPORT & DXY SELLING
RETURNS.

Thurs 23 May

23 May 2013 - 10:00 am UTC

SPX BUY SUPPORT RETURNS LATE SESSION.

Another SPX sell off after the ramp. Rinse & Repeat.

LMAO! Another classic short squeeze to ensure the
EQUITY CRASH WILL BE A SHOCKER!

MASSIVE SPX & EURUSD buy support & DXY selling
returns, which will ramp equities yet again.
[CONFIRMED]
 
‘May 21 2013: SOYBEAN parabolic daily chart very overbought
& retracement expected’

 
ROFL, retarded stocks got the memo today…
‘May 13, 2013: GOLD, COPPER etc decided on their direction
a while back but as usual stocks are the last to get the
memo. Complacent longs are in for a nasty surprise’

 
‘April 14, 2013: USDJPY daily / weekly / monthly charts
show EXTREME OVEREXTENSION with risk of collapse’