Sunday, March 22, 2015
Update to Analysis for Major Inflection Point in Stocks
I'm still waiting for price targets to get hit, hopefully at or near one of my time projections in March or April. I'm staying with the analysis in the last blog post, but have a few more potential targets to add for cash SPX as follows:
2210.5 area is where the two legs up from the 2009 low will be of equal length in log scale.
2220.4 is where the percentage gain from 2009 low equals the percentage gain from 1982 low - 1987 top(233%).
Additionally, I'm starting to lean toward the notion that this upcoming presumed top will not be the final highs that kick off a major long-term bear market. I think we may be ending a wave 3 in the next few days to weeks to be followed by wave 4 down for several months and then the final 5th wave up in a possible true blow-off. I have several targets on cash DJIA in the 22,000 area, but there is also a major confluence of price projections that line up around the 31,415 area. If we actually get to the pi target (3.1415) at some point, that would be a very high-confidence area to put on long-term short positions.
Kim Rice 3/22/15
Sunday, March 1, 2015
Major Inflection Point for Stocks in March 2015
With all the quantitative counterfeiting going on around the globe, cycles and other time projection methods haven't worked well for the last 5 years.... at least not for calling tops. None the less, my current long-term timing work is pointing to a major inflection point in Mar 2015, presumably a multi-month, significant top.
Geometric price projections on SPX are 2137, 2157, and 2180 for potential targets. For the DJIA, I have several projections to the low 18,000s, but also have other projections to 19,500 or higher. I think time is probably more important than price in the current analysis, primarily because the confluence of time projections lining up in March 2015 looks quite compelling. I think 3/13/15 (+/- a couple trading days) is a key area to watch for a possible top. However, the 3/31/15 area has some very interesting time symmetry with past market leg duration. I also have a few projections into April and June 2015 showing on the charts below. So, without putting too fine a point on it, I will just leave it as sometime in March 2015 the stock market should make an important top (+/- 1 month). If any of the price projections are being achieved near a date noted for a time projection, that would likely add to that set-up as being a possible top.
The cycle work posted back in November regarding the transports looks to be valid, as the transports peaked (so far) when projected by the cycle. They have not made new highs with the DJIA, which is setting up a potential DOW Theory sell if the divergence continues.
In addition to the analysis annotated on the charts posted below, I would note the following:
> 3/10/15 is Gann Master Number 5040cds from 5/21/01.
> 3/13/15 is .4pi (1256cds)from the 10/4/11 low.
> 3/31/15 is 10080cds [1440 weeks] from 8/25/87. This is the Gann Master Number 5040 x 2.
> Sentiment is reaching extremes of bullishness. For example, the percentage of bears reported by Investors Intelligence last week is similar to the low level that preceded the 1987 crash.
> There is also a confluence of major astro aspects occurring over the next several weeks per Ray Merriman's work.
> We will be entering another Puetz Crash Window following the upcoming solar and lunar eclipses on 3/20/15 and 4/4/15 respectively.
Good luck,
Kim Rice 3/1/15
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