$Exceptional Elliott Bear Wave b plunge in the Dow below 16,350 next

Eduardo Mirahyes Has Had Over 50 Followers Rank: 18 Followers: 78 Votes: 170 Years Member: 7 Last Update: 18 September 2014, 14:33 Categories: Elliott Wave Analysis
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Exceptional-Bear.com

Sept 18
IN the next move a drop below Dow 16,350 ...the low of Bearish investment advisers since 1987 confirms our Bearish conviction better than anything else...the Shooting star is a candle near the top where the price opens and closes nearly unched, yet swings wildly in-the interim, to indicate TRADERS confusion


Sept 17 2014 - look closely at all the long charts completed their limbo time ready to PLUMMET...we should be troughing in no more than 3 years in the area of Dow 572

Sept 16, 2014 - Although it would appear to most that the Bear is dead and buried, just to the contrary, Bears Strike in an Ambush investors on the wrong side of the market.... Two Bearish Diag II in sequence indicate a larger plunge than the last, so that the b wave must drop below wave 1. Read below for the confirming pieces of the puzzle...where we have been, that is to say the wave pattern is Terminal.

Sept 13, 2014 The asset classes in our allocation are moving our way, to strongly validate our macro Big Picture. Although US indices are dropping, they still have one more upside-bounce before the big plunge into October. Meanwhile, our inverse ETFs, which account for the lion?s share our strategic asset allocation are appreciating nicely. We have begun to lighten-up as they climb higher in attempts to execute these sales at the highest possible average price, in a way that minimizes risk while optimizing returns.?in the meantime, the dollar has begun dropping from a highly overbought position in anticipation of huge funds flow out of the depreciating $US into the ?uro in a Cycle Bull Market comparable to the Bull run in US stocks from 1982 to 2000, the longest in all of history. Overbought and highly overvalued US T-bonds have begun a plunge in lock-step with the dollar devaluation, as losses from currency translation make US dollar-denominated investments losing bets for foreign investors, especially Europeans who single currency is surging. T-Bonds will likely d

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$ $ 1a ULE EURO New Bull Market

Sept 8, 2014 A Bullish Diag II in the 5th wave means it will be the longest of 1, 3 & 5...The Diag II is the most bullish of all Elliott Structures, each lower degree fractal confirms and compounds the upside?when Diag II occurs in the 5th wave, it will be the longest of all, like the US Stock Market from 1982 to 2000. The lowest priced Diag II does not need to be retraced?it is behind us.

$ $1 aDow 2-hour 2

Sept 18, 2014

IN the next move a drop below Dow 16,350 ...the low of Bearish investment advisers since 1987 confirms our Bearish conviction better than anything else...the Shooting star is a candle near the top where the price opens and closes nearly unched, yet swings wildly in-the interim, to indicate TRADERS confusion

$ $1 aDow 2-hour 2 2

Sept 2, 2014

See the most likely extent of wave b of an a-b-c wave 2, an upside correction, to the larger trend plunge

$ $1 aTMV - Inverse T-Bonds Daily

This is Elliott's 3-wave 'a-b base' , arrogantly discarded by Robert Prechter, its virtually ubiquitous, found at every reversal & and also after the small reversal of the Diag > see full write-up following this link
http://www.exceptional-bear.com/61.html
It explains my unique contributions to the previously stagnant Wave Principle....a subset of this a-b structure is found after the 4th wave to transcend magnitude at all degrees of trend....For EWI these do not exist, see quote in the footnotes of article above

$ $1 aUDN - Dollar Bearish Weekly

Sept 9, 2014 - The US Dollar has just begun a steep decline likely concurrent with a plunge in stock & bonds into October. The plunging dollar makes all securities less attractive to foreign investors due to losses in currency translation

$ $1 SPXU Drops to complete Diag II- 2 hour

Mar 12, 2014

the 2-hour inverse S&P, SPXU, beginning to gear-up to Rally, in the second bullish Diag II.


Feb 25, 2014
Above the 2-hour inverse S&P, SPXU, likely complete & ready to Rally, concurrent with the S&P?s plunge. The a-b is a transition phase, analogous to crown molding, which eases the eye's 'transition from vertical to horizontal', here from Bull to Bear. (and inversely in bear to bull in the Short ETFs)

Feb 24, 2014
The 2-hour INVERSE S&P chart is a lot clearer, here revised as the beginning of a new series of Bullish Diag IIin the short SPX
Feb 5, 2014
- The Inverse S&P 2-hour ready to Rally

SPXU is the inverse S&P, which is the same as shorting the ETF, without having to worry about dividends, or available stock for borrowing. Note there are two large, green Diag IIs to indicate the beginning of a long upside in the INVERSE S&P, meaning a long plunge in the S&P index. From an opening price of 70 on Wed 5, Feb, this inverse fund must plunge to at least 60, as long stocks stage a 'sucker's rally,' to lure investors back-in near top, just before the subsequent plunge. As you all know, the herd of investors only shorted just as the downside was complete, as we reversed to long for the minimum Swing Trade, bounce in other words, by the time the herd reacts, the move is over. Just as the cover of Barron's for the last three weeks has Money Managers in ridiculous poses, staged in front of the Wall Street Bronze Bull. Again the difference between a Bear Market Rally and an authentic Bull Run is found in its sub-divisions. Five Waves to the downside indicate a Bear Market in force since 2000, while the 3-wave moves to the upside, are a dead give-away of a 'sucker's rally', which always reverses into a much bigger plunge, to retrace, or backtrack over the previous upside entirely....

$ $1RUT - Russel 2000 small-cap

Jul 16, 2014
The Small Stocks in the Russell 2000 have begun dropping second in line with utilities, they suffer the most casualties in a Bear Market due to insufficient working capital to continue as a going concern in an economic contraction

$ $1YANG - China Bear Weekly

Jul 7 - This chart shows YANG the inverse Shanghai Market completing an upside reversal, with volume Spike just last week, this should be a major winner

$ $2INDU - Monthly Candlesticks, long-term

June 7

After each increase in magnitude in a Bear Market Rally an irregular top follows to exceed the Orthodox Top ending the Bull Market in 2000.

In Wave A of the Diag II (red) the subdivisions are in intermediate degree, in Wave C the subdivisions are at Primary Degree, in this wave E the subdivisions after the echoing Diag II, are in Cycle Degree (I-IV)

$ $2INDU - Monthly Candlesticks, long-term 2

June 7

After each increase in magnitude in a Bear Market Rally an irregular top follows to exceed the Orthodox Top ending the Bull Market in 2000.

In Wave A of the Diag II (red) the subdivisions are in intermediate degree, in Wave C the subdivisions are at Primary Degree, in this wave E the subdivisions after the echoing Diag II, are in Cycle Degree (I-IV)

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