The Nifty Trading Lounge

[Taurus1]

Posted om Aug 7th

There is an intermediate top on the 9th, ±2 for the Dax, Spx, Cac and Ftse.

The high cane on the 10th........ after that ......European and US markets getting crushed.....

FTSE

DAX​

The final low for the US and Europe is on Aug 24th, ±1

Effect here is zero, after the 21st, bears can have a tiny decline.

 

[Taurus1]

There is a small change, the high is on Aug 21st, ±1

It looks like another inversion will take place

....... and at almost the same price at which the last inversion happened.

I have a friend in the US who makes yearly forecasts, according to him...... the global bear market has already started.

My own forecast is slightly different.

The Indian, Hong Kong and Chinese markets have their final new high for this year on Nov 9th, ±2

The next new high for these 3 markets is in 2019

Putting this down today 21-8-15 for reference later.

 

[Taurus1]

The European and US markets continue to be crushed

Dax -2.95%
Ftse -2.83%
Cac -3.19%
Nazzdack -3.52%

The Nikkei has been propped up with trillions from Japanese provident and pension funds..... doesn't look like Abe is gonna get re elected..................... ever.

Nikkei

Most markets are now deep in bear territory and the Fed has no bullets left..... interest rates have been kept near zero from the last 7 years. Realization is slowly sinking in to the suckers, er investors that the Central Banks have no control.

 

[Taurus1]

The final low for the US and Europe is on Aug 24th, ±1

Volat just shot thru the roof....... China -8.2%, Hang Seng -4%, Sgx -1.76%

The volat increase can distort the forecast low date, anyways there could be a few sideways days before the bounce.

All over the world, hordes of zero performance experts are anal yzing the situation.... at this very moment......... their ass essment is eagerly awaited

.... by the worried m asses

Global Trade In Freefall: Container Freight Rates From Asia To Europe Crash 60% In Three Weeks

http://www.zerohedge.com/news/2015-...reight-rates-asia-europe-crash-60-three-weeks

 

[Dax Devil]

Volat just shot thru the roof....... China -8.2%, Hang Seng -4%, Sgx -1.76%

The volat increase can distort the forecast low date, anyways there could be a few sideways days before the bounce.

All over the world, hordes of zero performance experts are anal yzing the situation.... at this very moment......... their ass essment is eagerly awaited

.... by the worried m asses

Global Trade In Freefall: Container Freight Rates From Asia To Europe Crash 60% In Three Weeks

http://www.zerohedge.com/news/2015-...reight-rates-asia-europe-crash-60-three-weeks

Just like the Fred Alan's quote in your signature there should be one for these experts: All the TV experts' analyses of the market and its moods are 99.99% wrong.

 

[Taurus1]

It looks like another inversion will take place

....... and at almost the same price at which the last inversion happened.

When the second inversion took place near the same price as the first one, that was a big red flag....... I never took the alert. :annoyed:

All the cartoon channels are running nonstop conferences loaded with loss making fund managers, feku gurus and zero performance experts.

Yup. you guessed right, every single one of them knew this was coming, it's just that they ....ahhh.....umm....er, forgot to say it in advance

They did tell you after it happened, what more you want? :rofl:
Sadly, ET has shutdown their comedy column written by top zero performance experts.

Just like the Fred Alan's quote in your signature there should be one for these experts: All the TV experts' analyses of the market and its moods are 99.99% wrong.

Done ... added.

A minor low coming today, it won't last....

 

[Taurus1]

My Net is down again :annoyed:

The next high is on Aug 28th, ±1

Sgx +1.1%

 

[Taurus1]

Posted on Aug 20th

The final low for the US and Europe is on Aug 24th, ±1

The exact low for the Ftse, Dax and Cac was on the 24th.... the SPX low was on the 25th

Ftse

Spx

I was just looking at the ITL leaderboard...... the top weekly number is +626%, next is 359% :clap:
The monthly best is +1282% followed by +873%, to some extent understandable because a 500pt fall with only 10 days to settlement does create huge profits.

It only proves there is no shortage of good traders...... the media needs to boot out the useless experts and get experts who perform.

Current market fall no longer just a 'correction'; more pain ahead: Shankar Sharma
http://economictimes.indiatimes.com...ahead-shankar-sharma/articleshow/48649696.cms

Experts are selling, it's time to buy

 

[Taurus1]

It becomes more and more hilarious ..... when it goes down for 3 days the zero performance experts say a bear market is on ........ it goes up for 3 days and they say the bull market is on.

Most of them don't have the slightest clue where it is going until after it gets there.

The next high is on Aug 28th, ±1

The high is in, the next low is on Sept 2nd, ±1

Black(er) Monday Looms: Dow Futures Down 220 After J-Hole Speeches & China Fold

http://www.zerohedge.com/news/2015-...tures-down-220-after-j-hole-speech-china-fold

 

[Taurus1]

The final low for the US and Europe is on Aug 24th, ±1

There is a small chance of a retest of the 24th low

The high is in, the next low is on Sept 2nd, ±1

The moment of truth approaches..... this is the final low before the last bull move of this year

This low also determines if my forecast comes true

The Indian, Hong Kong and Chinese markets have their final new high for this year on Nov 9th, ±2

The next new high for these 3 markets is in 2019