coolingla
Short

No Way The Market Could Dodge the Bullet This Time

FX:SPX500   S&P 500 Index
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2
The market will fall beginning 11/3/2017, after AAPL releases earnings .
Comment: The correction is coming very soon. If Friday 11/3 is a down day, then 11/6 Monday will very likely be a much bigger down day, maybe even a 2-3% crash day.
Comment: You can just see the market is getting weaker and gold is creeping up...
Comment: Haha the fall didn't come today but I firmly believe it will soon. Maybe next Wednesday or Thursday...
Comment: When oil tops, the market will too...
Comment: When oil tops, the market will too...

And oil will probably try one more time to break $57.60 in the next 1-2 days. If it fails again, expect a sharp drop...

Comments

Couldn't agree more, great chart
+1 Reply
coolingla mattytb84
@mattytb84, thanks. Mabye a Bitcoin crash could be the catalyst.
Reply
mattytb84 coolingla
@coolingla, Yeh could be. I'm watching for a correction down to 2500ish and create a bull trap rally back towards maybe 2550ish which we will then crash from. (Trump impeachment/Russia gate is my hunch) GL
Reply
How/why would oil fall?
We might get a correction in $SPX though, but not as severe as the Peter Schiffs and friends might think, it's just a too popular idea, and the 2 month timeframe trend is still active.
Reply
coolingla IvanLabrie
@IvanLabrie, The market is feeling the actual tightening (not too much though) of liquity by FED. Oil will be down/sideways for a few weeks to form a new mode, to prepare for another rise.
Reply
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