Friday, December 26, 2014
Monday, December 22, 2014
Thursday, December 18, 2014
Tuesday, December 16, 2014
Its justified to keep a solid count on the Global Dow. I have always thought it makes some of the best wave patterns. After all, it is a bit of global contagion occurring yes? Clearly a corrective "three" pattern exists since the 2009 low.
Posted by Daneric at 5:30 PM
Thursday, December 11, 2014
Tuesday, December 9, 2014
Monday, December 8, 2014
Wednesday, December 3, 2014
A lot of our counts have been working fairly well. Take oil for instance:
And Gold is bouncing,
In the long term the GDOW count looks good:
And the short term:
Even bonds have behaved to the count decently:
The dollar has smashed through long term resistance.
I anticipate that the 6 month yield count will also smash through resistance in due time. This will be the big shocker to the system in my opinion. We can get away with a GDP/debt ratio of 100% as long as rates are low but if rates rise - even just a little, its game over and deflation will roar and bankruptcies will come fast and furious.
All that's left is the US indexes. The SPX weekly:
Posted by Daneric at 8:23 PM