Where the Opportunities lie as the market goes into Free-Fall Accelerating free-fall heightened by false Trump hope

Transcription

1 Monday, April 17, 2017 Where the Opportunities lie as the market goes into Free-Fall Accelerating free-fall heightened by false Trump hope Led by a Diag II, this Market is on the way down in 5 waves, to irrevocably confirm the one larger bearish trend. Propelled by at least double the magnitude of any Bear Market in modern times, this accelerating free-fall will plunge harder and faster than any other in modern history. Before all this can happen, the (iv) th wave of the Diag II must complete in an upside, head-fake shown by the green arrow. TIMER DIGEST S&P signals Cover short, to go Long SPX at the close Apr 17 Upon execution, enter to reverse (sell long SPX to go short) limit 2370 Page 1 of 17

2 Sold Long to Go Short at the Close Nov Sold SPX 2132 Nov 8 (Timer Digest uses the close 2139) LONG at the close Oct 4 Covered short SPX limit 2145 Oct 4 The Daily S&P Diag II below is a fractal of the larger Diag II since Below Volatility represents the inverse S&P. If you were a new client, your allocation and price limits would be initially seen in red. Once executed, they become bold green to include the cost and date. For the long perspective $VIX, Volatility index, click here. UVXY Long Volatility Sold full pos UVXY average price Apr 12 average cost CXL Buy Full pos UVXY limit 15.4 Full pos UVXY average cost 13.75(68.75 after reverse split) Nov 9 Sold all SVXY limit 72 cost Nov 3 Sold all UVXY limit 17.8 or better Nov 1 cost Sold 1/2 pos limit 16.3 Nov1 Sold 1/3 UVXY limit off 18 limit Oct 13 Sold 2/3 UVXY limit Oct 17 (hi 17.88) Sold half off open Sept 13 (26.10 high of the day) Bot ½ back pos UVXY limit 21.6 Sept 19 at the opening Below you see Volatility, UVXY is overbought as indicated by the RSI highlighted in red in the lower chart. Page 2 of 17

3 SVXY, inverse Volatility, mirrors the S&P Full pos SVXY cost <125 Apr 12 Sell all SVXY limit 142 open order The reciprocal, Inverse Volatility, SVXY above is oversold Page 3 of 17

4 TIMER DIGEST Gold Daily Sold Spot gold short at the Close on Tues 7 Feb Cover Gold short limit 1200; CXL 1190 open order (Missed the Mar 11 low missed by 0.04) Sold long gold at the close on Friday Jan cost $ Wed, Oct 5 Covered Gold shorts at the close Wed, Oct 5 $ /oz. JDST Short Jr. Gold Miners 1.5 pos JDST average cost Jan 10 & Apr 12 Bot Supp. 1/2 pos limit 12.5 (12.48 low Apr 12) Sell ½ JDST limit 26 open order Sell ½ JDST limit 24.5 open order Sold all JDST limit 31cost 23 Nov 10 Page 4 of 17

5 Just as Volatility traces the inverse S&P, each asset-class below is followed by its reciprocal Inverse Gold above is the inverse mirror image as long gold Jr. miners below JNUG Long Jr. Gold Miners Sold Full pos JNUG 8.18 at the opening off limits 7.5 & 8 Jan 9 cost 6.61 Sold 1/3 JNUG 5.42 off limit 5.35 Dec 29 Bot Supp ½ pos JNUG limit 6.45 Nov 25 Bot ½ pos JNUG 7.0 limit Nov 17 Page 5 of 17

6 Short Silver - DSLV Full pos DSLV average cost March 29 & 30 Bot back ½ pos DSLV limit (low 20.62) Mar 30 Sold ALL pos DSLV limit 25 Mar 9 cost Jan 22 & Feb 27 Sold ½ pos DSLV limit 24.5 at the opening Mar 8 Bot ½ pos DSLV at the opening Feb 27 off limit 21 Although Gold is a time-tested easily transportable form of concentrated wealth, Silver is more attractive for the upside potential. In the Big Picture Charts, Gold s next move is a Bear Market Rally, while a similar B-wave in Silver is preceded by a Diag II to indicate a far more vigorous upside. Page 6 of 17

7 Daily Silver - USLV Big Picture Monthly Silver (purple links are just like the blue ones, only their appearance is hacked) DGAZ Short Natural Gas 2-hr Full pos DGAZ average cost Apr 5 Page 7 of 17

8 Although the Big Picture Natural Gas is extremely bullish, a modest pull-back is required in the normal unfolding of any Elliott Progression. The only way to profit from such a pullback is via the inverse ETF. As UGAZ is reversing to the downside, DGAZ above, aggregates and compounds profit. UGAZ Daily Natural Gas Page 8 of 17

9 Inverse Crude Oil DWT Bot full pos DWT cost Apr 4 Bot supp ½ pos DWT limit Apr 13 upon execution enter to sell half DWT limit 30 Sold full pos Mar 8 cost Feb 23 (gain of 16.9 % in 13 days) Sold 1/2 (additional 1/3) pos ERY 9.89 at the opening Jan 23 off limit 9.8 Sold 1/3 pos ERY limit 9.5; Jan 9 Bot ½ sup pos ERY cost 9.62 As signposted by the Diag II, Crude Oil is embarking on a long Bull Market. Page 9 of 17

10 The oversold, 2-hour chart of DWT below will most likely bounce in a head-fake before dropping to complete wave iv of the Diag II. Long Crude UWT Sold ½ UWT limit Mar 31 average cost Mar 10 & Mar 22 Sold ½ off an 18.5 limit at the opening Mar 30 Page 10 of 17

11 EDZ Inverse Emerging Markets 1.5 pos pos EDZ average cost Jan 13 & Feb 13 Sell ½ pos EDZ (1/3 of total for those with sup pos) limit 20.5 open order Daily Emerging Markets below for the larger, monthly perspective click here Page 11 of 17

12 Inverse China YANG 1.5 pos YANG average cost 13.8 Jan 13 & Feb 13 Bot supp ½ pos YANG limit Feb 13 Sold all YANG limit 15.8 Dec 16 off open average cost Below is the Daily China chart, for the larger perspective see the Monthly Shanghai Chart. Page 12 of 17

13 FAZ Inverse Financials Bot 1.5 Pos FAZ average cost 26.1 Nov 10 & 22 Sell half of total position limit 20.9 Bot Supp ½ pos limit 24.5 Nov 22 Like the Volatility Index, the inverse Financial ETF, FAZ, is beginning a long, Bull move signaled by the most bullish of all price patterns, the Diag II. Click here for the Big Picture Financials. Page 13 of 17

14 Inverse Small-Cap Stocks TZA Bot Full pos TZA average cost Nov 10 & 23 Sell ½ pos TZA limit 19.6 Buy back ½ pos TZA limit 18.4 CXL Buy supp 1/2 pos TZA limit 17.8 Sold ½ pos (1/3 of total limit 19.3) Mar 28 open order Bot sup half pos TZA limit Nov 23 (only for those with cost above 24) Page 14 of 17

15 Inverse Small-Cap Stocks also exhibit the most bullish of patterns, to reflect small companies are those most likely to fail in a cash crunch. When companies fail, the price often drops to zero, while shorts and inverse ETFs go through the roof. Inversely, in a Bearish decline, the absence of buyers likewise becomes self-perpetuating. This is currently the case in all long, stock indices. Below the Euro, ULE, also beginning a long, vigorous upside. Click here for the Big Picture Euro. We sold at 14.7 and looking to buy back at a limit of 13.7 in a swing trade. Note here too, reversals indicated by the red/green arrows are required to complete the pattern - best awaited in cash. ULE long Euro; EUO inverse Euro Buy full pos ULE limit 13.7 open order Page 15 of 17

16 For the Big Picture Global Market Perspective, see our new client Overview. Eduardo Mirahyes Page 16 of 17

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