Change-In-Trend

with Anthony, ZigZag & Platy

Buy the Dip

I think the low is now in. This was supported by a Mars 72° cycle and Anthony CIT date and also ZigZag time symmetry chart which all had a CIT for 15 November. The next CIT should be around the corner, initially i believed that we would drop after thanksgiving due to my CIT calculations and also overbought oscillators, however i did reiterate that we could get a spill over high into the 23rd with a CIT over the weekend period supported also by a CIT in the dollar at Ceres 72°.

The roadmap is now indicating that we move down into the 29 November but no lower low as i first thought. Here we have another CIT calculation and also Jupiter 18°. All of these planetary CITs are calculated by Platy using her proprietary Pentagonal Time Cycle methods. All the dates for the remainder of the year can be found here.

Certainly the bull is here and it is a move which i expect to last into mid December, so we have another 3 weeks of upside meaning that any dips should be bought. In terms of the potential downside targets we have 1382-1384. A Fibonacci extension of 1.618 from the high to low would give us an upside target in the range of 1432-1434 with a 2x extension at 1444-1448.

Ill certainly be a buyer around the 29 November on any weakness after that its time to sit back and ignore the daily wiggles.

In other news the miners roadmap has been updated. We are working on both the gold roadmap and also the 2013 roadmaps, however they will not be available until nearer the New Year.

Advertisements

315 comments on “Buy the Dip

  1. simon1080
    December 5, 2012

    anthony do you see us making an attempt at todays highs tommorow?

    • Anthony
      December 5, 2012

      Yes Simon i do. Im expecing the DJ to reach somewhere in the region of 13150-13170. Simply because on the smaller time frame trends are up. On the larger time frame trends are down. So this should be a counter trend bounce then down. I know this differs from ZigZags views but he is working on bigger timeframes into 2013 which should at some point be higher than we are now.

  2. Andrew
    December 4, 2012

    Platy and Anthony,

    A highly respected analyst informs his clients that his forecasts for Gold since 2001 have all been met. The issue I face, is that to acquire his quarterly commodity report is prohibitively expensive!

    However, in a rare public podcast, he has stated there is a turning point where all markets i.e. Gold, Silver, Oil, Indexes are going to reach a confluence during FEBRUARY 2013 at much lower prices! Indeed, a significant buying opportunity for years to come!

    I am requesting that you archive my posting, with the view to identifying via astro-analysis, if the analysts projection for the stated markets comes to fruition, whilst enrolled as one of your potential subscribers!

    Looking forward to receiving your comments.

    Andrew.

    • James
      December 5, 2012

      “YEARS to come…”?? He’d have to pay me to read that report. 😉

    • ZigZag
      December 5, 2012

      Andrew, that fits with my scenario for next year. 🙂

      • Andrew
        December 5, 2012

        Good morning Zig-Zag.

        Thank you for your comments. I am of the opinion, the least I could do is provide a link so that you can listen to the commentary! As the analysis correlates with your scenario for next year, it is my opinion that I should become a subscriber to receive your periodic updates regarding this scenario during the ensuing three months. I note from this forum, visitors to this blog have great confidence in your trading analysis, and I shall appreciate being able to act with confidence upon your recommendations.

        https://www.smartstox.com/analysts/david_bensimon

        Regards

        Andrew

        • ZigZag
          December 5, 2012

          Glad to hear that Andrew. Thank you for your kind words…And thank you for the link 🙂

  3. simon1080
    December 4, 2012

    Could this be a scenario where the 3rd marked the top 5th cit is a st bottom .. 6th and 7th marking a high and down we go?

    • Anthony
      December 4, 2012

      Hi Simon1080 there is a possibility that the roadmap has inverted, im watching this very very closely.

      • simon1080
        December 4, 2012

        The Greenback also has a Major Cit coming up on the 6th and 7th.

        So it would align up with equities.

        • Anthony
          December 5, 2012

          Hi Simon, please refer to the bearish scenario roadmap.

          https://changeintrend.wordpress.com/sp500-roadmap/

          • Anonymous
            December 5, 2012

            Hi Anthony,

            Why is there two different bearish scenario maps?

            Thx!

            • Anthony
              December 5, 2012

              SBW

              Ones a zoomed version.

              • Anonymous
                December 5, 2012

                OIC…Thx Anthony and sorry for asking a dumb Q…I think I better get some rest now : S

                • Anthony
                  December 5, 2012

                  I can answer the easy ones SBW 😉

  4. James
    December 4, 2012

    Traders tend to buy the market during NFP week, but Friday’s report may be negative, based on recent UE claims and mass layoffs. The Fed may not hand out more candy next week– so as not to relieve pressure on Congress to forge a deal. They could wait until the January meeting to announce a replacement for the expiring Op. Twist. Something like the negative road map may be what plays out here. Considering the risk-on rallies happening in the euro, Aussie and copper, the market is relatively weak.

    • James
      December 4, 2012

      I’m also wondering if the Puetz eclispse/full moon panic scenario may still be on the table. We’re just at the edge, time-wise. Wondering if the Mars 36 degree tomorrow could be a trigger in some way. Can any astrologers comment? A sharp acceleration down…and soon…would be needed for this scenario.

      • Anthony
        December 4, 2012

        Could be our 5/6 high James. 😉

        • IHS
          December 4, 2012

          According to what I see on the chart, the after 5th/6th movement should be fast to the downside, and probably, to a lower low.

          This considering the pattern broken yesterday, and the posibility that the movement to the 5th/6th peak is a pullback to the broken bear flag, and therefore, that peak could be lower than yesterday’s peak

          On such scenario, when do you consider would be the bottom after the 5th peak? Could it be a lower low according to your roadmap? Many tks!!!

          • James
            December 4, 2012

            Fed on the 12th, CIT the 13th, algos running for cover in low volume season….could get very interesting. 🙂

          • Anthony
            December 4, 2012

            Around December 21 although only a bounce before heading lower again into 2013.

            • James
              December 4, 2012

              Hmmm…better yet! 🙂

    • James
      December 4, 2012

      Other factors: holiday retail sales are not indicating a blowout surprise and investors looking at higher taxes next year may step up the selling of stocks this month.

  5. IHS
    December 4, 2012

    Hi guys, according to the current market movement to the downside, when would it start moving to the upside before the 6th?

  6. Anthony
    December 4, 2012

    Eminis are showing a bullish hidden divergence on the 4 & 2hr chart.

  7. gannman
    December 3, 2012

    ok here’s my 2 cents please do not get confused ………..use stops ………….http://www.screencast.com/users/gannman/folders/Default/media/1ed24331-57d1-47cd-824d-51a8ac9a4798

  8. Anthony
    December 3, 2012

    2012/11/29 at November 29, 2012 9:30

    “So whats next, today will be a high, 3rd Dec low, 6th a high.”

    • guelph1
      December 3, 2012

      hi, I thought according to CIT dates, today was a CIT & down into 6th, next CIT??

      • Anthony
        December 3, 2012

        3rd was a CIT date as per the chart, which was a low, so therefore the next CIT is a high on the 6th, this has not changed.

        • guelph1
          December 3, 2012

          thanks Anthony
          I will be subscribing as I do not have the expertise to see the CIT’s on my own

          • Anthony
            December 3, 2012

            Thanks guelph. I updated the current position/outlook where i said waiting for high into 5/6

            Cheers
            Anthony

            • guelph1
              December 4, 2012

              hi Anthony,
              is it possible that today was a high (this morning) and the CIT is now down?
              or is your CIT based on close prices?

              • Anthony
                December 4, 2012

                Hi Guelph

                The main roadmap and cycles were looking for a 5/6 high, this looks like a high but i think we will rip higher from here. We had a minor inversion on the roadmap late last month but i think it has reverted back now to the dominant cycle. We could be looking as high as 1440-1445

                • guelph1
                  December 4, 2012

                  thanks Anthony

                  • Anthony
                    December 4, 2012

                    Youre welcome

  9. James
    December 3, 2012

    Sizeable end-of-month markup for fund managers. They need to stop redemptions…;)

    Is it over?

    http://tinyurl.com/d5yd3vr

  10. stockyard262
    December 2, 2012

    any suggestions for books relating planet cycles directly to market behavior???
    wife wants to get me a present….thanks in advance

    • Michael
      December 2, 2012

      http://www.mmacycles.com/books/

      Stockyard, try out Merriman’s books, some say he’s the best financial astrology guru out there. I dabbled with his subscription service years ago, made some, lost some.In my opinion, there are better methods to make money but it is an added tool nonetheless especially where the big planets are involved

    • platypusfoot
      December 3, 2012

      Pentagonal Time Cycle Theory by Bradley Cowan 😀

  11. Michael
    December 1, 2012

    Hi Anthony

    Are you still expecting a pullback on 03/12 ? There’s a sun/Jupiter opposition which usually is quite negative

  12. irvinder
    November 30, 2012

    ZZ’s correlation chart: many thanks again for sharing your work

    if we get down to 1400 or so today, looking to go long else wait until Monday for confirmation of a low, cheers

    • aiihotline
      November 30, 2012

      Maybe the market just trying stay this area to burn off overbought condition from yesterday to 12/3-4. 1409 and 1400 are good support area. I like 1400 area to buy the dip the next 1-3 days.

    • SS76
      November 30, 2012

      Unless something drastically changes in the next 1hr 20 min, the S&P is not going near 1400 today. Now have to wonder if it can happen Monday….we’ll see. Perhaps straight up until the 6th?

  13. ratandrea
    November 30, 2012

    I didn’t win the Powerball, but I’m really happy for the two who did in Arizona and in Missouri. It was $550 million to split. Wow. Having a good trading day, though. Thanks everyone.

    • bobthedufus
      November 30, 2012

      I did not win either … so I lifted myself with my favorite single malt … Lagavulin 16 yr old 🙂

  14. apanalis
    November 30, 2012

    The conclusion I have studing carefully the Anthony & Zig Zag charts and platy dates is to continue up until mid dec12, after a little -if it is more?- retracement and finally a high in the beginning of Jan13.

    Assuming the drop of DOW to 12.000-11.700 is finished, here w´d be the rebound near the tops I expected.

  15. Peggy Mateer
    November 30, 2012

    I am also looking for a low in the 12/2-3 time frame. Possible planetary prices:

    1407*
    1396**
    1390
    1388
    1380**

    • ratandrea
      November 30, 2012

      Thanks, Peggy. You provide valuable information here. I, for one, really appreciate it.

  16. Michael
    November 30, 2012

    Quiet in here today……..

    • SS76
      November 30, 2012

      Not feeling like the market is going to test 1399 anytime soon, but then again, this market tends to surprise and move without notice. So, definitely possible that by this afternoon we are testing that, probably depending on what comes out of Obama’s mouth.

      • Anonymous
        November 30, 2012

        SS76, are you still holding onto DUST

      • SS76
        November 30, 2012

        Sold it today at $31.05

  17. Anthony
    November 29, 2012

    Looking for retest of 1399, lower than that 1392-1388. Will likely wait for the dip then buy it back.

    • aiihotline
      November 29, 2012

      Do you have time frame for this dip? Down into 12/3-4?
      Tks!

      • Anthony
        November 29, 2012

        Down into 3rd, back up into 6th.

        • platypusfoot
          November 29, 2012

          Are you still in your short Anthony?

          • Anthony
            November 29, 2012

            Nope unfortunately i got stopped out yesterday.

    • ratandrea
      November 30, 2012

      Thank you, Anthony. Market so indecisive and unstable. Would love to see 1380s on pull back.

  18. apanalis
    November 29, 2012

    Last week Chicago Fed National Activity Index and now:

    But everything is in calm.

  19. Peggy Mateer
    November 29, 2012

    I’ll be traveling tomorrow – here are some thoughts on tomorrow’s planetary prices:
    the major price targets are still higher which implies (to me – fwiw) that we are headed higher. If the day trends higher, targets are:
    1415*
    1419*
    1423*
    1427**
    1434*
    1436*

    lower price targets:
    1407
    1395.5
    1390*
    1388

  20. Peggy Mateer
    November 29, 2012

    tooting my own horn here (posted on 11/27)

    November 27, 2012

    fwiw, I’m looking for a high in the 11/28-29 at either 1419 or 1423 (or both!)

    • platypusfoot
      November 29, 2012

      Great work as always Peggy!!

    • SS76
      November 29, 2012

      Actually, I remember that and looked it up this morning. Very nice call.

    • ZigZag
      November 29, 2012

      Great stuff Peggy! 🙂

    • Anthony
      November 29, 2012

      i should have heeded your advice. Great work Peggy

      • Anonymous
        November 30, 2012

        Thanks everyone. I did post that 1340 was the low I wanted to see and that 1419 would be the next high (with accurate dates). Not sure if I can replicate this for every turn but I’m trying! It helps to have the interaction of a team. 🙂

        • Anthony
          November 30, 2012

          Whatever you’re doing it works and were grateful for it 🙂

        • Peggy Mateer
          November 30, 2012

          oops – don’t know how that “anonymous” happened…

  21. ZigZag
    November 29, 2012

    All my long batches are now green. I sold one batch and will add it back on weakness. Trend is likely up until early January.

    • investbb
      November 29, 2012

      Hi ZZ

      congrats buddy on the gain. 🙂

      Thanks!

      • ZigZag
        November 29, 2012

        Thanks IB..

    • SS76
      November 29, 2012

      That is awesome….not sure why I had my doubts , lol.

      • ZigZag
        November 29, 2012

        🙂

    • Anonymous
      November 29, 2012

      Another classic ZZ call!

  22. Michael
    November 29, 2012

    I saw this last night, I’m not sure the extent of the overnight rally was intended but time will tell if this plays out

    “using Taylor book method, counting back 10 trading days looking for the lowest day then start counting Buy Day, Sell Day and Sell Short Day, a 3 day
    cycle trading pattern, ignoring Thanksgiving holiday session (Cash closed, Futures traded for short duration), today was a Buy
    Day. Based on this 3-Day pattern, tomorrow will be a Sell Day. On this day, large traders will square up the position to go
    short the following day and the market often results in range bound. Friday will be another Sell Short Day and people will be
    looking to squeeze weak shorts to sell at higher price to drive the market lower”

  23. halukn
    November 29, 2012
    • Anonymous
      November 29, 2012

      Thx Halukn, that was very interesting….and pretty much bang on

  24. SS76
    November 29, 2012

    Anthony, I just read your earlier post that you think the high is in. I’m in DUST and Gold is also up. Do you think the S&P AND Gold head lower into the 3rd? If so, what targets for each (you previously mentioned that you were better at price when time was close)?

  25. Anthony
    November 29, 2012

    New CIT chart added showing CIT dates for S&P500

    https://changeintrend.wordpress.com/cit-dates-planet-forecaster/

    • ckorey
      November 29, 2012

      As I mentioned and suspected the other day…………Inversion.
      Now the question is straight up to the 6th or a dip in between?

      • ckorey
        November 29, 2012

        Also………..1430 SPX is key………….we break that and we rally hard until mid dec to about 1490ish.
        If we get rejected at or below 1430 then the bearish view still has a chance.

    • rotrot
      November 29, 2012

      Anthony…when do we shift from 2012 to 2013? all the dates are 2012…thanks!

    • rotrot
      November 29, 2012

      me bad…got it…the dates are only 2012…sorry!

  26. Anthony
    November 29, 2012

    Hmmmm, stopped out. So whats next, today will be a high, 3rd Dec low, 6th a high.

    • SS76
      November 29, 2012

      Will you reshort? Still expect 1383?

    • Anil V
      November 29, 2012

      Anthony,

      Trade in the direction of the trend that is only on a correction.

  27. myuniversalworld
    November 29, 2012

    Guys looks like to me Anthony’s and Platy’s gold road map could be spot on here. A correction and consolidation into the 1st / 2nd then the start of a strong move up. Think it could be a very good risk reward trade coming up on the long side. I am assuming both Anthony & Platy are still seeing a break out very soon.

  28. James
    November 29, 2012

    Well, well…what do we have here? Very determined program/stop run of 11,000 ES contracts–about $750MM. Fed proxy putting the kabosh on the eclipse bears? Or some bullish lunatic…..Doesn’t look like a normal pattern.
    http://tinyurl.com/ckbu8ln

  29. Michael
    November 29, 2012

    This may not mean much but looking back, there seems to be big moves on dates provided by Anthony and zig zag when those dates have ended in “9”. Im thinking OCT 9, 19 or 29 and even nov 19 after the nov 15 turn. So maybe a big move today ? Just my 2 pennies worth 🙂

    • platypusfoot
      November 29, 2012

      Ha! Nice observation! 😀

    • Anthony
      November 29, 2012

      ……………….and if we turn 6 Dec upside down 😉

      • platypusfoot
        November 29, 2012

        LOL

    • Michael
      November 29, 2012

      looks like another big day but in opposite direction !

  30. curiousmind
    November 28, 2012

    Anthony, is it possible to enlarge the roadmap when we click it? It is very hard to see the dates at the bottom…Thanks in advance

    • Anthony
      November 28, 2012

      Curious click on the roadmap, in instructions top right click on the dimensions that should enlarge it.

      • curiousmind
        November 29, 2012

        Thanks, now it is so much clearer 🙂

        • SS76
          November 29, 2012

          I only figured that out 2 days ago…

          • platypusfoot
            November 29, 2012

            I didn’t figure it out. I had to ask Anthony!

            • Anthony
              November 29, 2012

              ……….and i discovered it by mistake lol

              • Anonymous
                November 29, 2012

                i hate to point this out but i think you meant under “Information”…I spent a few minutes trying to figure this out after your little note, but I eventually got it! 🙂

                Good night from the West Coast
                ~SBW

  31. Anthony
    November 28, 2012

    Interesting that the DJIA has not post a higher high from the last CIT on Nov 23

  32. investbb
    November 28, 2012

    Hello Anthony

    Are you planning to exit your short yet?

    Thanks!

    • Anthony
      November 28, 2012

      InvestBB

      Hi i have a stop at 1417. Im still expecting we get our low Friday/Monday, if we continue up ill have to revisit that roadmap. If we get our down close ill likely be a buyer into early December. If i get stopped out, ill sit out until the next shorting opportunity on 6 Dec

      • IHS
        November 28, 2012

        Hey Anthony, how are you? What would be your target to the downside?

        • Anthony
          November 29, 2012

          Good thanks IHS

          1383-1380

    • Klaas
      November 29, 2012

      First we saw some shenanigans in Gold and Silver this morning, followed by some very jerky moves in S&P 500 futures off the lows. Tonight while everything was gliding along quietly, someone in their infinite wisdom decided that 0005ET was the perfect time buy around 11,000 S&P 500 e-mini contracts (or around $750mm notional exposure); instantly devouring the entire stack of orders. This move was not in any way followed by any other asset class (EURJPY twitched a little at it) and as far as we can see there was/is absolutely no news to accompany the flash-smash. That is all…

      ok thats it ..i am stopped out ..Lost my profit from this year and a lot more and after 20 years of trading i now made the decision to stop for a long time.

      good luck to you all …

      • Anthony
        November 29, 2012

        stop running. On a lighter note i think the high on the futures is in.

        Sorry to hear that Klass, if its any consolation this has been “one of those weeks” for me anyway.

      • Michael
        November 29, 2012

        Sorry to hear that Klaas, bloody politicians making this market move in all different directions at the same time, hope you make back the loss

  33. rotrot
    November 28, 2012

    NDX trend trade system…

  34. apanalis
    November 28, 2012

    apanalis
    November 28, 2012

    karen, i´m not bullish nor bearish, the Dow Cycle dictates my scenario and from summer was a drop about 8-14%, I expected more plunge.

    After a big rebound, that coincides with Zig Zag and Anthony, the 2nd impulse in a downtrend from sep12-oct12 to about summer13 at least 9.000.

    For now, sideways, with the possibility to do new lows below 12.400> 12.000-11.700 or not, and in the end , likely first days of Jan13, the top of the 2nd impulse around 12500-13.000- it depends wich low from now to jan13.
    Reply

  35. vsgrewal
    November 28, 2012

    zz,
    do you think the low is in tomorrow

    • ZigZag
      November 28, 2012

      Hi vsgrewal,

      I was looking at this one this morning and it’s possible the low was today.

      http://tinyurl.com/busz7r4

      I posted a couple of charts earlier that have it for tomorrow or Friday. The trend is likely to continue higher until late Dec early Jan. I’m still plenty long so not worried about missing this one today. Would have been nice though 🙂

      • Michael
        November 28, 2012

        Is this nov 29/30th cycle one of the toughest to call ? 🙂

        • ZigZag
          November 28, 2012

          Yeah, it’s one of those +/- a day thingamajings. 🙂

          • Anthony
            November 28, 2012

            Yepppp. I hate those ones.

  36. Stockboom
    November 28, 2012

    Platy,

    You mentioned on your current trade position that VIX gap is close…what do you mean? and you close your short position?

    Thanks

    • platypusfoot
      November 28, 2012

      There was a VIX gap created on 11/19. It is one of the reasons why I shorted, because I expected the gap to fill, and it did. So I closed my short when that happened, just like millions of other people apparently. :p

  37. Michael
    November 28, 2012

    What a ride, got out with little profit in the end, hope it wasn’t rough for anyone here. Now unsure of the next direction

  38. Stockboom
    November 28, 2012

    Hi Guys,

    Are we heading to test 1409? Thanks for your response…or we looking at higher?

    Thanks

    • G
      November 28, 2012

      It looks like the lows this morning was Wave 4th. We should see a new high towards 1415-1425 and then again down to 1380 levels. Equities are looking increasingly bullish. We should see a nice Santa rally.

  39. apanalis
    November 28, 2012

    Thanks, Anthony, ZZ and platy (and all of you), as i can see from the time I´m -very confortable- with all of you, the Road Map is by approach and is important for me to attach to my DOW CYCLE.

    I has been expecting for 12.000-11.700 for long time, first the ZZ signal, the 8th nov12, after, 17 nov12 of the splendid lady, platy, after the 23rd-30th, now 3-5 dec12 of Anthony signal, also Platy´s SP500-Mars36º.

    I don´t know if DOW is likey going to do lower lows from 12.471, the retracemente now i consider since highs about 8-14%, as in may-jun12 about 8%-10%.

    The top in summer/autoum has been lagging the Cycle of 3 years at most from the +- 50% plunge in the 9th year of 17 years Cycle in DOW to go again near the top about 100%.

    The question is to close shorts positions when.

    I expect a sideways mov next days and the possibility to go down (12.000-11.700) in any moment.

    Agreement in the Fiscal Cliff is not easy, as we can see in the US, they can kick off it until next time, but is not easy.

    And there´s a possibility US is in recessión, the revision of the 3Q is this week.

    2%, 1,2%, 2%, i can´t believe this last date, before the US elections.

    Durable Goods Orders, Weekly demands long time frame chart, etc says US could be starting the recession, so the QE3 in the top of the US market index last sep-oct12.

    I´m waiting the Anthony and Zig Zag´s vision for 2013, but mine is at least 9.000 DOW JONES.

    If my scenario is failed, we could wait some months to finish the Cycle, but this is not the standard cycle in the Industrials for decades, even more, centuries, as projections has been made from UK Index & others before.

    Thanks all of you

    From St. Sebastian, Vasq Country. North Spain.

    Antonio Pérez Algás.

    Apanalis.

    • karen1650
      November 28, 2012

      apanalis…the lows are being bought….that’s bull, not bear…I think you’re outlook is a little too bearish for the medium term….

      if the low comes in around the 30th or even 3rd, my medium term chart shows a high around Dec 11/12th…

      ZZ, Anthony…do you see any symmetry for these dates?

      Dec 20th is negative in terms of astros, so looks like a low, but higher low on my charts…

      • ZigZag
        November 28, 2012

        Hi Karen,

        I have symmetry hitting tomorrow or Friday. The Correlation has the 30th and it could extend to the 3rd I guess. I have other stuff that hit today, but I’m not sure on it yet.

        Possible T chart posted over the weekend: http://tinyurl.com/d8y9xka

        Symmetry for Nov 30th: http://tinyurl.com/brlaxdb

        Tough to bet against the fat man with the white beard. 🙂

        • karen1650
          November 28, 2012

          ZZ, I agree about 29/30th low…but what do you think about Dec 11/12th for a high?

          • ZigZag
            November 28, 2012

            I’ll look tonight and see if I can find anything hitting around then…

            Btw, you’ve been nailing these really good! 🙂

      • rotrot
        November 28, 2012

        December 6, 2012 High
        December 21, 2012 Low
        January 8, 2013 High

        turn dates were identified independent of the work by Anthony, ZigZag, and Platy…

        • aiihotline
          November 28, 2012

          Amen! Works out so well!

        • ZigZag
          November 28, 2012

          Awesome Rotx2! 🙂 I love it when I see things in alignment with what I’m seeing.

        • Anthony
          November 28, 2012

          Thanks for sharing Rotrot, the 2012 roadmap has these dates, so maybe it hasnt inverted and will be proven accurate.

      • Michael
        November 28, 2012

        hi Karen, are you tradergirl ? What do you make of cobra market view’s forum and contributions ? i’m trying it out. Thanks

        • aiihotline
          November 28, 2012

          I think she is. 🙂
          By the way, if Karen’s map is right: up today, down tomorrow and Friday. I guess SPX will stay in 1409-1400 range to form a better IHS’ right shoulder. I am ok if it just go straight up tomorrow. Either way I am BTFD as Anthony said.

          • Michael
            November 28, 2012

            BTFD ?

          • RAT
            November 28, 2012

            LOL, I “think” I know what that means. We have so many acronyms at the hospital that I’ve gotten pretty good at those.

            • RAT
              November 28, 2012

              Ok, yeah, that’s what I thought. LOL

      • apanalis
        November 28, 2012

        karen, i´m not bullish nor bearish, the Dow Cycle dictates my scenario and from summer was a drop about 8-14%, I expected more plunge.

        After a big rebound, that coincides with Zig Zag and Anthony, the 2nd impulse in a downtrend from sep12-oct12 to about summer13 at least 9.000.

        For now, sideways, with the possibility to do new lows below 12.400> 12.000-11.700 or not, and in the end , likely first days of Jan13, the top of the 2nd impulse around 12500-13.000- it depends wich low from now to jan13.

      • Anthony
        November 28, 2012

        Hi Karen

        Potential Dec high dates are 6, 12
        Low dates are 21-24

        • karen1650
          November 28, 2012

          Thanks Anthony…

  40. curiousmind
    November 28, 2012

    quite a powerful bounce in silver and NUGT since the morning low, just wondering if it might be a bull trap to give the down move more power as the PMs move into cycle low on Dec3

    • SS76
      November 28, 2012

      I think so (in fact hope so since I bought back DUST at $33 impatiently). Gold still down huge despite the rally, market probably reverses by days end.

  41. testy99
    November 28, 2012

    Nice ES trade Platy..Congrats.

    • platypusfoot
      November 28, 2012

      Thank you testy 🙂

  42. karen1650
    November 28, 2012

    My weekly chart said gap down on Monday, then down into the 28th, then bounce, then head back down on the 29th into the 30th. So far it has been correct….we’ll see if we get a bounce and more down into the end of the week…

    • curiousmind
      November 28, 2012

      the market has certainly bounced hard just now, from 1385 to 1397 in no time at all, do you see it selling off before the end of today’s session or the selloff starts tomorrow? Great call btw.

    • Anonymous
      November 28, 2012

      Great call Karen..hope it continues for rest of the week 🙂

      SBW

  43. Anonymous
    November 28, 2012

    Sold DUST at $33.52, will look to reload at $32.50 or less HOPEFULLY

    • SS76
      November 28, 2012

      That was me again.

      • ZigZag
        November 28, 2012

        Nice one SS76 🙂

    • platypusfoot
      November 28, 2012

      Nice job!!

  44. Michael
    November 28, 2012

    Looks like the full moon effect is on today, astro does come good from time to time 🙂

  45. Anil V
    November 28, 2012

    SP500 High on 23 Nov is Delta point 9. There should be a low around Dec 2/3 and should be Delta point 10. If market rallies above 23 Nov then the cycle is up. My indicators show that NOV 15 low of SP500 is ITD and LTD point. On a weekly basis market is extremely overbought so market should rally.

    • Klaas
      November 28, 2012

      On a weekly basis market is extremely overbought so market should rally.??????

  46. Michael
    November 28, 2012

    Hi Anthony, do you think the roadmap has shifted a day given recent results ? Nov 15 low came a day later and nov 21 came on 23 (due to thanksgiving )

    So probable that low won’t come till 30th ? What do you think mate ?

    • Anthony
      November 28, 2012

      Hi Michael. Unlikely but possible. If it has shifted it would likely extend to the 3 Dec. I believe Platy has a Mars cycle CIT over the weekend, my take on these CITs is that usually they are bang on but can sometimes be a day or 2 late/early. I believe ZigZag also has some symmetry lining up for 30. My roadmap is based on closing prices. As we saw on the 15 November, this was the lowest close yet the 16 November produced a lower low but higher close. So I’m saying 29 nov will be the lowest close and not necessarily the lowest low. So in essence we could all be right 😉

      • Michael
        November 28, 2012

        Thanks alot for clarification, makes alot of sense.

      • Witold (@delubicz)
        November 28, 2012

        Hi Anthony,
        but it’s still an optimistic scenario!

        • Anthony
          November 28, 2012

          Witold whats optimistic?

          • Witold (@delubicz)
            November 28, 2012

            Anthony,last time you’ve added new,bearish scenario,after high,made yesterday we could have lower trend until the end of the year(may be only until 19/12/2012) .
            In your text above, optimistic is that you are saying 29 nov will be the lowest close before the uptrend will continue,so again buy the dip. In your bearish scenario one should sell the high. Which scenario could be more probable?
            best regards Witold

            • Anthony
              November 28, 2012

              Sorry Witold, I’ll just be trading the time windows so regardless of whether we get a lower low in December I’ll still buy the dip and then sell short around 5/6 Dec. this time period should reveal all

              • Witold (@delubicz)
                November 28, 2012

                Thank you,I understand,this your bearish scenario with buy the dip,and sell short around 5/6(by the way ZigZag has on 6/12/2012 swing high) could be like Daneric’s scenario http://danericselliottwaves.blogspot.com/2012/11/elliott-wave-update-27-november-2012.html
                best Anthony, I have still long contracts
                Witold

                • Anthony
                  November 28, 2012

                  Thanks Witold.

                  What is your experience with Danerics analysis?

                  • Witold (@delubicz)
                    November 28, 2012

                    This time his scenario is probable,but he is Prechter follower,with bearish view,unfortunately I’m Taurus with bullish view,I don’t trust them 🙂 I like your blog,and your and ZigZag’s and Platy’s opinion is very important for me,but I personally have 20 years experience on markets.
                    best regards Witold

                    • aiihotline
                      November 28, 2012

                      Likely, just my guess, the differences are Daneric’s view on this bounce is ABC 3 waves and ZZ’s are 5 waves. 4th wave usually takes longer time (12/6-12/15) then 2nd wave (11/23-11/29). Interestingly, 11/15-11/23 is 5 TD, if we see the low on 11/29, counting 5 TD forward is also 12/5-6. So far my trading strategy is getting out of my long positions or tight up my stops after 12/5-6. Come back long around 12/15 if it is safe to do so.
                      By the way, thanks for Anthony and ZZ, Platy, all others’ great contributions here.

  47. Witold (@delubicz)
    November 28, 2012

    Hi ZigZag,
    do you have also an alternative scenario (bearish) like Anthony?

    • testy99
      November 28, 2012

      Multiple scenarios are fine only if there is an indication which one is the primary scenario and which one is the alternative one….otherwise it causes confusion.

    • ZigZag
      November 28, 2012

      Hi Witold,

      I’m bullish until late December early January, after that I have to wait and see. I will add my last batch long this week.

  48. beetlejuice
    November 28, 2012

    Anthony I hope you and others don’t mind me posting links to these charts?

    If you do just let me know and this shall be the last one.

    GDX tested and failed to hold the 50wma. This is one terribly ugly chart and indicates much lower prices ahead for PM miners. Under what circumstances will lead to a collapse in the miners?

    http://stockcharts.com/h-sc/ui?s=GDX&p=W&b=5&g=0&id=p87607552440

    • Anthony
      November 28, 2012

      No beetlejuice. Post away. Look at the roadmap for miners.

  49. beetlejuice
    November 28, 2012

    GDX goes belly up again and on volume. And IMO even more importantly the Shanghai Composite another 1% lower as I type and not even so much as a whisper from the financial media with everyone now focused on the fiscal cliff again.
    China could really bring things undone but nobody is watching. This is what causes “black swan” events.

  50. Peggy Mateer
    November 27, 2012

    planetary price commentary:

    support at 1396-1398 continues until about 3 am tomorrow – this is created by a set of transits involving moon/nep/pluto. During the day tomorrow s/r at:
    1390
    1396*
    1407
    1414**
    1420-21
    1423**

    • ckorey
      November 27, 2012

      Peggy,

      What do the * or ** mean?

      Thanks

      • SS76
        November 27, 2012

        Increased importance

    • investbb
      November 27, 2012

      Hi Peggy

      are those the level to watch for, and not for a direction that you are suggesting will happen?

      Thanks!

      • Peggy Mateer
        November 27, 2012

        they are support and resistance for tomorrow. My take on it is that if 1396 holds, then (after 3 am) the trend is up. fwiw.

        • Peggy Mateer
          November 28, 2012

          1396/3 am didn’t hold – prices for today:
          1390
          1388
          1383**
          1375.5*
          1369*
          1357**
          1351*

          Edcot data has a major high 11/28-30 and a major low 12/23.

    • Peggy Mateer
      November 28, 2012

      1420-1423***
      If prices get to this level this week – it’s a cluster of major planetary transits and can create an important trend change.

  51. James
    November 27, 2012

    Under the radar news?
    http://tinyurl.com/d6r5zl3

    • James
      November 27, 2012

      And the Catalonia vote can’t be too soothing for buyers in Spanish debt auctions upcoming.

  52. Anonymous
    November 27, 2012

    Buy DUST….getting confirmation today using candles TA…
    http://americanbulls.com/StockPage.asp?CompanyTicker=DUST&MarketTicker=AMEX&TYP=S

    • SS76
      November 27, 2012

      That was me

      • Anonymous
        November 28, 2012

        Good call there SS, too bad I missed the boat on that one lol!

        ~SBW

    • testy99
      November 27, 2012

      True but the train left the station…better to wait until it pulls back to around 29 again for new entries…

  53. apanalis
    November 27, 2012

    Anthony, repeated commnetary:

    apanalis
    November 27, 2012

    Anthony, I ´m confused about the Roadmaps, I asked some weeks ago, because i saw differences between the first Map you lifted ending sep12- now called Bearish and the next not so bearish.

    Both, similar but different implications.

    Meanwhile, other ones background.

    In your prior web there was a unique Roadmap.

    Which is the way we must trust?

    Thanks a lot, Anthony.

    • James
      November 27, 2012

      Well….there’s this thing called price action. 😉

      • Michael
        November 27, 2012

        Very slippery price action James which so many experts get wrong

    • SS76
      November 27, 2012

      James, my thoughts exactly. Anthony adjusts his maps, and plots different scenario’s based on what happens since he doesn’t have a crystal ball. Maybe some more clarity/text in the actual charts will help but I for one appreciate someone who can look at both sides of the fence and never becomes so stubborn that they cannot see what is in front of them.

    • Anthony
      November 27, 2012

      Apanalis

      I need to present two different scenarios as the bearish scenario cannot be ignored. I think we may be shifting towards the bearish scenario. I have an important CIT around 5-6 Dec, i think this will be the defining moment in the scenarios.

  54. Michael
    November 27, 2012

    And down she goes…..:-) so far Friday is still the high ! Thank you again Anthony and gannman

  55. karen1650
    November 27, 2012

    Merriman has a reversal date for the market of Nov 27th.. (usually from a high or low, and we are at a high)

  56. Peggy Mateer
    November 27, 2012

    fwiw, I’m looking for a high in the 11/28-29 at either 1419 or 1423 (or both!)

  57. G
    November 27, 2012

    Tomorrow is penumbral lunar eclipse. It happens once in 3 years I believe. It last happened in August 2009 and even then the ultra bullish market corrected/went flat for about 2 weeks. We should expect the same this time – flat to down for about 8-10 trading days.

    • investbb
      November 27, 2012

      Well ZZ has us a high on the 28…could be 1 day early (today) then a small drop…would be what you maybe seeing there for the drop G.

    • James
      November 27, 2012

      That’s possible. All the treasury activity this week is draining money from the accounts of the primary dealers. By mid-December, there should be inflows from QE3 money, as the Fed is on buy mode.

      • James
        November 27, 2012

        And ‘fiscal cliff’ business is more likely to produce negative headlines into mid-late December.

        • Michael
          November 27, 2012

          I think the fiscal cliff power struggle will make December a day traders dream, crazy swings ahead I think

  58. karen1650
    November 27, 2012

    Merriman has a reversal date on Silver of Nov 28/29th…

    He had a big range day on the 26/27th…largish move up came on the 23rd (1 tday before)..

    • tfinavia
      November 27, 2012

      Thanks so much Karen, I appreciate you sharing valuable insights. I am for Silver to head down and this helps a lot. Thanks again!

  59. SS76
    November 27, 2012

    1409 is my line in the sand for cash prices. won’t tolerate higher.

    • investbb
      November 27, 2012

      SS, you plan to exit your short (if you in it still?) at that price? ton of talk about 1420 ish here on twitter world

    • SS76
      November 27, 2012

      InvestBB, I’m buying and selling DUST, as I think that is going to trend higher now as the markets decline, plus I’ve considered the short term top in Gold today as per Platy’s charts. Will then reassess

      • SS76
        November 27, 2012

        Other thing is, I don’t value the twitter world more than I do the people on this site, honestly.

    • platypusfoot
      November 27, 2012

      We are headed lower. /es has broken trendline support, and VIX gap needs to be filled.

  60. Anthony
    November 27, 2012

    Bearish scenario has been posted. If you look back at the accuracy of this cycle its worth taking note of

    https://changeintrend.wordpress.com/sp500-roadmap/

    • testy99
      November 27, 2012

      Hi,
      so which cycle do we believe and follow…bullish or bearish till year end? tks in advance

    • Anonymous
      November 27, 2012

      Anthony are you still short from 1389 ES. THx

      • SS76
        November 27, 2012

        check the current positions link, if he sold he would have posted it there.

        • investbb
          November 27, 2012

          He may have gotten stop out by now if he was short at that low range. Am curious to know if he is still in it.

          • investbb
            November 27, 2012

            Ano isnt me there by the way. not sure who it is…

            • investbb
              November 27, 2012

              I think Anthony short at around 1394 though like Klass said below.

              • SS76
                November 27, 2012

                Invest, he didn’t set a stop. He always states if he does.

    • apanalis
      November 27, 2012

      Anthony, I ´m confused about the Roadmaps, I asked some weeks ago, because i saw differences between the first Map you lifted ending sep12- now called Bearish and the next not so bearish.

      Both, similar but different implications.

      Meanwhile, other ones background.

      In your prior web there was a unique Roadmap.

      Which is the way we must trust?

      Thanks a lot, Anthony.

  61. beetlejuice
    November 27, 2012

    All is not well within this market folks. Market internals are atrocious. Put/Call ratio is at 2 year extremes and today the Shanghai broke through a double bottom on volume.
    If China goes we all go. The chart below doesnt show todays movement but you will get the idea. Based on the break the Shanghai is about to lose 20%
    http://stockcharts.com/h-sc/ui?s=$SSEC&p=W&b=5&g=0&id=p36207788293

  62. karen1650
    November 27, 2012

    My medium term chart says that if we get a higher high tomorrow that it’s possible we see a low around Dec 3/4… it just depends on if and when the next high hits…

    • ZigZag
      November 27, 2012

      Hi Karen,

      I’m getting some hits around Dec 3rd too. 🙂

      • Peggy Mateer
        November 27, 2012

        also the Giza planetary alignment.

        • ZigZag
          November 27, 2012

          Oh That’s right. I forgot about that..

        • karen1650
          November 27, 2012

          What is that Peggy?

  63. Anonymous
    November 27, 2012

    Hi ZZ,

    do you have an updated correlations chart? in the last one you posted (that goes until end of March) you labeled a bottom date March 21 and then looks like a lower low in April. However, the actual path of the market that year was such that it bottomed in March and gaped up first day of April (afaik).

    I’d love to hear your view and any symmetries you find in late March/Early April
    thanks

    • ZigZag
      November 27, 2012

      Hi Anon,

      I’m holding off on posting that one because there are two that I’m following and January is key to which one. Currently, the correlation says we’ll be grinding higher until late Dec early January, and so far my cycles agree with that.

      I’ll post a chart on what I find for the March/Early April cycle in January.

      • Anthony
        November 27, 2012

        Good work ZZ

  64. gannman
    November 27, 2012

    11/27 mars conj pluto and today was a venus conj sat get ready for a 3% to 4 % correction uncle ben begins talking around 8.30am i guess ….if we dont gap down before we open on the durable goods orders at 8.30 its great to get in ..keep an eye on the obv cheers went short at close today with a stop …………see u downtown …lol

    • Anthony
      November 27, 2012

      Thanks Gman. Who let the bears out, grrrrrr,grrrrr,grrrrr

      Will buy the low around the 29 for a rise into early December

    • curiousmind
      November 27, 2012

      Do you expect 3-4% in one day or till end of Nov? Your call is looking good…:)

    • Michael
      November 28, 2012

      Great call so far gannman, do you have a target in mind and by when ? Thanks alot

  65. gannman
    November 27, 2012

    planetary storm coming up anyways ….here’s my 2 cents ……….if it helps anyone out there….http://www.screencast.com/users/gannman/folders/Default/media/d6433b08-ac17-442f-b2f6-5fca5813acfb

  66. Anthony
    November 26, 2012

    Over the next couple of days im going to be adding a potential bearish scenario as we lead into early December. This cycle cannot be discounted and when i present the charts youll see why. This means that buying the dip may be short lived and whilst it goes against our overall bullish outlook into 2013 the cycle is there and so it must be presented to all for consideration before the event.

    Thanks
    Anthony

    • halukn
      November 27, 2012

      Interesting Anthony. Looking forward to it. Thanks.

  67. ckorey
    November 26, 2012

    if they rally into the close there is a chance that the 28th-29th is a high not a low around 1415-1425. If not then I would say Anthony has it right.

    • SS76
      November 26, 2012

      1409 was the 50% fib move, and that is exactly where it reversed. I tend to think that as long as that holds, the 28th.29th will be a low, not a high.

      • ckorey
        November 26, 2012

        We shall see………..Anthony very well could be right but just something to watch for.

      • ckorey
        November 26, 2012

        They did rally it into the close but may not be enough.

  68. ZigZag
    November 26, 2012

    TRAN still grinding higher since the Nov 16th cycle low post.
    http://tinyurl.com/bo6ww7d

    In other news..I certainly sold AAPL way too soon. LOL!

    • myuniversalworld
      November 26, 2012

      Hi ZZ are you also looking to top up your longs on any dip down this week before we rally hard into December. I must say it has been an impressive rally by the bulls from the 1350 area. One would expect today to be down after 5 up days but it looks like just a healthy pullback and consolidation for a few days before grinding higher.

      Thanks for all your great work all of you guys & girls.

      • ZigZag
        November 26, 2012

        Hi MUW,

        Yes, I’m waiting to see what the 29th looks like before adding more long. I went pretty large on the 13th so if I miss it I’m still good to go. 😉

    • Anthony
      November 26, 2012

      Mate could you add this one to your symmetry page, thanks 😉

      • ZigZag
        November 26, 2012

        Will do 🙂

        • Anthony
          November 26, 2012

          Thanks mate

      • SS76
        November 26, 2012

        Anthony, where do you see price into the 29th since we are almost there?

        • Anthony
          November 26, 2012

          SS76 maybe 1370-1375, my early arrival may result in a marginal loss if we just consolidate sideways but we’ll see overall we should be down into 29th.

  69. Anonymous
    November 26, 2012

    Hi Anthony

    From what Klass mention below: Anthony was short on 21 Nov i think at 1394 ?

    That doesnt look like that far away from current price level around 1400, curious to know what your may see as a estimate target for the drop into 29th?

    Thanks!

    • investbb
      November 26, 2012

      Sorry, forgot to log on, Ano is me

      Thanks!

  70. apanalis
    November 26, 2012

    peggy:

    21 Comments on “Nasdaq: 11/23 Mars Cycle”

    apanalis
    November 26, 2012

    Peggy, now you: I see you are buffee, congratulatios!

    Do you still see new relevant lows in dec12, maybe in18th? a rebound in early jan13 and a dowtrend until?? or what you mean when you wrote Major High in JUL13, after lows in nov12, dec12, feb13, may13, jun13, dowtrend until oct13? low dec13.

    I imagine with this map, you are not bullish for 2013, are you?

    Thanks a lot for your contributions!

    • Peggy Mateer
      November 26, 2012

      hi apanalis, I posted the following on Nov. 24th. I’m looking for a more serious downtrend in 2014 and 2015:
      I worked on a forecast for 2013 this weekend and have added prices which I may need to adjust as we approach these dates – this is just for fun! please do not trade it and please rely on your own research. fwiw as follows:

      1/9-12/2013 high 1455 or 1526
      2/6-13/2013 low 1285-90, 1259 or 1188
      early and late March lows (triple bottom with Feb. low?)
      7/14-20/2013 high 1521
      8/9/13 low 1403
      9/3-9/13 high
      10/18-21/2013 low (double bottom with 8/9?)
      11/29-12/3/2013 high 1534

      • Peggy Mateer
        November 26, 2012

        and yes, looking at 12/18/12 for a low.

        • apanalis
          November 26, 2012

          Do you hace any target? Thanks

      • apanalis
        November 26, 2012

        So, your count, from April 5th 2012 is not valid today. What a pity, it has been geat until last minute. I don´t know the reason for that change, I only read what you write, my point of view is so different to yours, but I´m so thankful. No way to come back to prior scene?

        Thanks, peggy

        • Peggy Mateer
          November 27, 2012

          I think the remaining part of that earlier forecast is:
          “Nov (11/23?)-Dec (12/18?)2012 low, 1/4/2013 high, early Feb. 2013 low, late March 2013 high, May – June 2013 low, Major high July 2013, downtrend into Oct. 2013, high to Thanksgiving 2013 and low mid to late Dec. 2013.
          Then Cowan’s May 2012 turn would be a low and high mid year 2013 high would come in July 2013.”

          It’s still pretty much in sync with my newer one with the exception of a lack of clarity from a Feb. 2013 low to a July 2013 high. I’ll try to add more when I have time to look at it more closely.
          As for the mid December low, one possible target is 1350 but there are others too so I’ll post some ideas closer to that date.

          • crisstoff
            November 27, 2012

            Peggy – I like your major top in July:) This is a T chart I have had for a while which is pointing to June for a major top – Im happy to give it a month either side consdiering overall time frame. https://dl.dropbox.com/u/31723500/SPX%20LT%20T%208%20Sept%202012%20Zoomed.jpg

            Chris

            • Peggy Mateer
              November 27, 2012

              thanks Chris – interesting

            • apanalis
              November 27, 2012

              My Goodness, another bullish chart!

              (Thanks)

          • apanalis
            November 27, 2012

            Thanks, Peggy, your scene from April 5th has been very good. With all of this, which is your forecast for 2013?

  71. apanalis
    November 26, 2012

    Zig Zag, your Road Map for 2013 shows relevants lows -until your picture tells us-, below jun12 lows.

    I can deduce, as my analysis, dowtrwnd in US market for 2013.

    Or not, Zig Zag?

    Anthony, as i can read here, is bullish, as platy.

    Another question: do you contemplate new lows in US markets this/next week?

    Thanks

    • ZigZag
      November 26, 2012

      Hi apanalis,

      Market should grind higher until late Dec or early January.

      I don’t contemplate any big selloff until after January and I’m looking for all time highs before the end of next year. The correlation is best used for time rather than price. A big price move on the correlation can sometimes actually be small.

      • apanalis
        November 26, 2012

        Zig Zag, so you are in line with David Kostin of GS, with his predictions for the end of 2013. Everybody is calm in the markets and mantain since marc12, that US is doomed to a recession in the end of 2012, the same as the end of 2007, with none believing me.

        Thanks, anyway, i´ll see your conclusions, vrey kind, platy, Anthony and you.

        • apanalis
          November 26, 2012

          I mantain, wanted to say.

        • ZigZag
          November 26, 2012

          Hi apanalis,

          The long term cycle still has a ways to go up. We’re eventually doomed, just not in the timeframe everyone is thinking.

          If I’m wrong…hopefully I’ll be able to find the symmetry before it happens. 😉

          • apanalis
            November 27, 2012

            Zig Zag, what i was writting since i posted in your web is the fact this is not an standard Cycle, is a small Cycle about 3 years at most and QEs, and so have delaged the Cycle and since last summer the US Index should been dropping.

            We are in a 17 years Cycle from 2000 to 2017, and after a plunge about 50% in the 9th year from the 1st top is a great bullish movement about 100% in DOW.

            For me is all done for a retracement abot 0,618, or more in DOW next year.

            Thanks, anyway.

            • ZigZag
              November 27, 2012

              Hi apanalis,

              Thanks for the info. You could be correct about your cycle..All I’m trying to do is find the best odds in both directions.

              Correlation calls since 2010. It works until it doesn’t 😉
              http://tinyurl.com/cxta6qa

              • apanalis
                November 27, 2012

                Zig Zag, great !, I see, but price is correlated with your charts?

                I mean, is possible a lower low 16nov12 before the rebound in dec12-Jan13?

                Another example is if you are long the 8th of nov12, you already are below the price in sp500.

                Thanks

                • ZigZag
                  November 27, 2012

                  Hi apanalis,

                  It could go below it but the odds are that it wont. The correlation had price going below the Oct 3rd 2011 cycle low and it never went down that far.

                  I was a little early in my buying, but I was also heavily short from Oct 5th and made a nice gain in AAPL recently. The SPX is above the Nov 8th correlation low. Anyone who followed the correlation and was short mid Sept and then bought at the close on Nov 8th is making serious money. Anyone who shorted and then went long when I did is making money. In the end that’s all that matters to me 🙂

  72. Michael
    November 26, 2012

    After the thanksgiving party, here comes the hangover on the S&P 🙂

    Anthony, thank you so much for this call, I’m in profit and holding out for more !!!

    • Anthony
      November 26, 2012

      Good to hear Michael

  73. ratandrea
    November 26, 2012

    Bought a Powerball ticket. $425 million before taxes. Send out positive vibes! 🙂

  74. Taiz
    November 26, 2012

    Hi Anthony,

    Just wanted to congratulate you again for yet another great call. Thank you very much.

    • Klaas
      November 26, 2012

      Is this cynical ? Anthony was short on 21 Nov i think at 1394 ? but we have a few days to go till 29 Nov so everything can be different then 🙂

      • SS76
        November 26, 2012

        Well, consider that Anthony’s CIT was for the 23rd of November, and bang, looks like he nailed it. He went short early because he didn’t want to chance it, but lets see where we are come the 29th. I suspect he will be probven right. Today feels like its going to drop large.

        • Michael
          November 26, 2012

          Thats right SS, CIT was 21-23 and high looks like it came 23rd. So far so good

      • Taiz
        November 26, 2012

        No its not cynical. As SS76 and Michael suggested he nailed the 23rd of Nov as a CIT

    • platypusfoot
      November 26, 2012

      VIX has a gap overhead that will likely fill soon.

    • Anthony
      November 26, 2012

      No worries Taiz………

  75. m8z
    November 26, 2012

    Schaeffer’s via Ukarlewitz on Twitter, the week after the last 5 VIX options expirations (monthly) have all been negative.

    • platypusfoot
      November 26, 2012

      M8Z, Hi!!

  76. Anthony
    November 26, 2012

    I think we are going to see a lot more bullish news and analysis coming out and also correct calls by most of the Wall St analysts. Im thinking this because “they” want us on the long side of the trade and there is only one reason for this………specialists are selling their inventories and segregated accounts to go short. This could be a very profitable time for a melt up in equities, im hoping the 2013 roadmap will provide some clues when to digest these profits.

    • Anonymous
      November 26, 2012

      I dont quite nderstand what you mean. If the big fish are trying to get the sheeple to go long so that they can sell short, wouldn’t there be melt down instead of melt up? Or are you expecting a small melt up before the next take down? Or a full force bullish stampede?

      • Anthony
        November 26, 2012

        In order for specialists to sell their own stock they need to have buyers, to create demand you raise prices not lower them. Its counter intuitive but thats the way it works. To lower demand they drop prices, retail players are generally buyers of stock so they love prices that keep rising. When the arse falls out and you get the panic drops whos selling and who’s buying? Feb-March 2009 is a perfect example.

        Therefore to create more retail participation you raise prices, by raising prices it allows specialists to unload their inventories and to sell the market short. As specialists have large inventories it may take months to unwind their positions and then short sell. So expect a sustained move up. Im talking over the longer term, shorter term we have spots of weakness starting this week.

        Analysing volume used to be a lot easier but since the emergence of HFT and also more complex programming languages and software it has means that drip feeding the market with volume can be achieved with little effect on price. I believe that if you took the mums and dads volume into account it would be a drop in the ocean compared to the lots those boys are dropping.

        • ratandrea
          November 26, 2012

          Wow. Thanks for that, Anthony—great explanation.

  77. James
    November 26, 2012

    Long/Short: comparision of 2011 and going into current fiscal wrangling:

    http://tinyurl.com/c7e94d2

    • aiihotline
      November 26, 2012

      Which means?

      • James
        November 26, 2012

        Wish I knew. Big and small speculators, as opposed to commercials believe it’s smooth sailing ahead. Kinda limits short squeeze potential, anyway. Here’s another chart: data on both from Morgan Stanley and Bloomberg…
        http://tinyurl.com/d45pkwq

  78. Michael
    November 25, 2012

    SPX up 5 days in a row. It has been up a 6th only twice in the past two years

  79. ZigZag
    November 25, 2012

    Bigger view of weekly correlation symmetry.
    http://tinyurl.com/cz8dalb

    Stock are cheap.
    http://t.co/TVE7NKZg

    Hope everyone had a good Thanksgiving 🙂

    • aiihotline
      November 25, 2012

      ZZ,
      What is your perspective on Jan. 2013-March 2013 declines that shows on your roadmap?

      • ZigZag
        November 25, 2012

        Hi aiihotline,

        It’s a little early to tell right now. We probably have to wait and see what the symmetry looks like closer to January.

        Right now, I’m waiting to see what day they sell it from next week so I can nail down where to place a new center post for a new T.

    • karen1650
      November 25, 2012

      I think they are going to get much much cheaper… 🙂

    • karen1650
      November 26, 2012

      ZZ, does your time analysis still expect a low on the 30th?

      • ZigZag
        November 26, 2012

        Hi Karen,

        Yes, if they sell it down it should end somewhere close to there. The Nov 6th high and Nov 16th low measure out to Nov 29th. Should look similar to the correlation.

        This chart is just a guess at this point while I wait for them to tip their hand.

        http://tinyurl.com/cv6x2bv

        • Anthony
          November 26, 2012

          Work of art mate.

          • ZigZag
            November 26, 2012

            Thanks mate 🙂

  80. Anthony
    November 25, 2012

    Roadmap updated

    • ckorey
      November 26, 2012

      Anthony,

      Great work as usual.

      Possible your map inverts and 28th-29th is a high?

      Thanks

      • Anthony
        November 26, 2012

        Hi CK

        Unlikely, metals are also weaker into this time window.

        • ckorey
          November 26, 2012

          Thank you my friend.

  81. curiousmind
    November 24, 2012

    Anthony, so are you still looking for weakness this week into Nov 29, or you have changed your roadmap and is in sync with ZZ now with a rise to Nov 28? Do you still think NUGT will see a low into 29-30 as are gold and silver ?

    • Anthony
      November 25, 2012

      Yes still looking for weakness in metals and equities into 29th

  82. Peggy Mateer
    November 24, 2012

    I worked on a forecast for 2013 this weekend and have added prices which I may need to adjust as we approach these dates – this is just for fun! please do not trade it and please rely on your own research. fwiw as follows:

    1/9-12/2013 high 1455 or 1526
    2/6-13/2013 low 1285-90, 1259 or 1188
    early and late March lows (triple bottom with Feb. low?)
    7/14-20/2013 high 1521
    8/9/13 low 1403
    9/3-9/13 high
    10/18-21/2013 low (double bottom with 8/9?)
    11/29-12/3/2013 high 1534

  83. Michael
    November 24, 2012

    Since 2008, the Monday after thanksgiving has been exact opposite of the Friday after thanksgiving, based on that pattern, Monday should reverse last Fridays gains but only time will tell if that trend continues 🙂

  84. Anthony
    November 24, 2012

    I have made an error with the roadmap. It is much more bullish than i originally calculated and lines up with ZigZags projection of higher into late December.

    • Anonymous
      November 24, 2012

      Anthony…don’t fret…I did not heed my own signal…trust you saw my post regarding the NASI confirmation of the upmove…

      ZigZag…outstanding!

      Platy…like the 28th for the NASDAQ…will be looking to get long around there…

      • Anthony
        November 24, 2012

        Thanks Rotrot, same strategy here.

        Zig beat me out of the blocks……….hes quick 😉

      • platypusfoot
        November 24, 2012

        Great, we’re all back in synch!!

    • rotrot
      November 24, 2012

      Anonymous = rotrot…using someone’s computer…sorry!

    • Michael
      November 24, 2012

      Hi Anthony,

      Does that mean the roadmap is not heading lower into Nov 29th ?

      Thanks

      • Anthony
        November 24, 2012

        Hi Michael

        Lower into 29th, but December is looking more bullish. The mid December correction will be minimal compared to the greater fall that i forecast. So up until the end of the year.

      • testy99
        November 24, 2012

        Zigs roadmap shows a rise into Nov 28th, then down into Nov 30th, then up into Dec6th, down into Dec 15th and up into the new year. This is all give or take a few days since nothing is typically right on the specific day.

    • testy99
      November 24, 2012

      No worries. Is your analysis in the ‘buy the dip’ commentary’ still relevant and is your roadmap updated accordingly? enjoy the rest of your weekend.

      • Anthony
        November 24, 2012

        Ill update the chart over the weekend.

  85. Reza
    November 24, 2012

    Thanks for the update.

  86. Michael
    November 24, 2012

    A weekend must read, one of the best astro financial sites, no bs

    http://www.theidiotandthemoon.com/eyeofra.html

  87. mike
    November 24, 2012

    Thanks for the update Anthony. Seasonality favored a pull-back next week. Plus I think the Fiscal Cliff negotiation starts again on Monday.

  88. Jason
    November 24, 2012

    Thanks Anthony and et al, have a great weekend!

Comments are closed.

Information

This entry was posted on November 24, 2012 by .

Blog Stats

  • 353,330 hits
Website Translation Widget
wordpress analytics
%d bloggers like this: