SP500 Cycle Review
Created on: 11/1/2020 2:02:57 PM
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 Many of our cycle methods suggest 2021 will see another major top in stocks. But how far down? Forecasting how large the correction may be is any ones guess, any thing from 10% to 66% is on the table.
Assuming the US elections do not shock, the built up energy (CAUSE) will release higher asset prices (EFFECT) for 4 to 8 months. The massive generation of COVID US M2 money supply is sitting in bank accounts ready to be leveraged (buy buy buy) by the major Wall Street banks. Yes you can confirm that the global liquidity is high and ready to hunt for a home.
Chart 1: The Kitchin cycle continues to work (notice the margin of error band).
Chart 2: Bartels confirms the above cycle. Notice major market tops and timely intervals.
NOTE: Posts here are the lite version, more depth on each subject can be found via our RTT Plus membership.
Changes in the world is the source of all market moves, to catch and ride the change we believe a combination
of Gann Angles,
Cycles,
Wyckoff and
Ney logic
is the best way to ride the change, after all these methods have been used successfully for 70+ years.
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NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net
Investing Quote...
.."I believe that the public wants to be led, to be instructed, to be told what to do. They want reassurance. They will always move en masse, a mob, a herd, a group, because people want the safety of human company. They are afraid to stand alone because they want to be safely included within the herd, not to be the lone calf standing on the desolate, dangerous, wolf-patrolled prairie of contrary opinion."..
Jesse Livermore
.."When a dictatorship is a fact. Revolution becomes a right"..
Victor Hugo
.."Socialism in general has a record of failure so blatant that only an intellectual could ignore or evade it"..
Thomas Sowell
.."The first rule is not to lose. The second rule is not to forget the first rule"
Warren Buffett
The minute you get away from the fundamentals – whether it’s proper technique, work ethic, or mental preparation – the bottom can fall out of your game.
Basketball Legend Michael Jordan.
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