35854 replies to this topic

[Snippit]

ALSI Swix, JN43

The bounce arrived at the 1.62 extension but is seemingly reluctant to let some of the hot air out. Should it continue to huff and puff then the next significant resistance is at the 61.8% retrace. Such levitation can be from further Rand weakening.

Much is overpriced whilst fear of the unknown got turfed a while back and expectations are floating on cloud 9.

https://jsecharts.bl...-swix-jn43.html

 

 

nolite oblivisci obseres

 

 

Edited by Snippit, 08 May 2020 - 01:48 PM.

[Snippit]

ALSI Swix, JN43

The bounce arrived at the 1.62 extension but is seemingly reluctant to let some of the hot air out. Should it continue to huff and puff then the next significant resistance is at the 61.8% retrace. Such levitation can be from further Rand weakening. Much is overpriced whilst fear of the unknown got turfed a while back and expectations are floating on cloud 9.

https://jsecharts.bl...-swix-jn43.html

 

 

nolite oblivisci obseres

 

 

[Snippit]

JSE, ALSI Swix, JN43

Update 19th March:

This update of the ALSI Swix index sees the completion of Cycle A of the Supercycle correction and thereby the turning point into the bear trend correction of Cycle B.

 

https://jsecharts.bl...-swix-jn43.html

 

 

rursus circa

 

[JR7800]

ALSI down 8.71% for the day.

 

Everything is falling so violently I have to adjust my screen size to see the bottom of the charts.

 

I don't think I can take much more of this.

[Snippit]

 JSE, ALSI Swix, JN43

This +2 year correction is seen as still evolving and now busy with the Minor A wave of the Intermediate ( C ) wave of the Primary [C] wave of the Cycle A leg of this propective ABC Supercycle correction. It is expected that this Intermediate ( C ) wave will extend further in a 5-3-5 pattern and produce a 1.62 extension of the Primary [A] wave.

 

https://jsecharts.bl...-swix-jn43.html

 

 

accipies confractus est

[Snippit]

Practitioners for the standard Elliott Wave Theory (EWT) have been tracking the "Super Cycle" chart pattern for US indices since I was much younger. The belief is that this Super Cycle commenced at the bottom of the 1929 crash, which was the end of the corrective for the preceding Super Cycle. Now we see this final end point has arrived. It has evidently been extended by extensive interference which reflects in the chart patterns. 

The correlation for the Dow of 6 years ago came and went as we plowed onward and upwards with our new found methods of interference, viz: 

https://www.marketwa...tion-2014-02-11

The crash that was to be has been delayed and increased in prospective dimension by the additional upward action.

Now it is a game of the power potential  of new found central bank interference collusion against the over-sized forces of nature. Me thinks Dr Doom is probably going to be proved to also be correct this time. 

The correction was sharp at 3 years duration for the 1929 event. The Elliott theory expects alternation of successive corrective patterns and so a 9 year period is more probable this time.

Investors need some appropriate awareness which the dysfunctional "industry" is incapable of providing.  

Basically the Titanic is going down, the lifeboats are inadequate and wealth is going to be destroyed like never before.

[JR7800]

Scary day on JSE when there are only 4 shares up of the top 100 companies. Stomach turning stuff......

 

 

• TOP 10 OF TOP 100 COMPANIES
• ALL

 

SHARE PRICE MOVE MOVE %  RCL 10.79 0.64 6.31%  RDI 22.24 1.19 5.65%  SOUTH32 22.26 0.26 1.18%  EPP 15.68 0.06 0.38%

 

[Snippit]

JSE, ALSI Swix, JN43 (Updated)

Update 26th Feb:

The Cycle degree correction continues the course.

 

https://jsecharts.bl...-swix-jn43.html

 

 

Labellum foraminis

[Snippit]

JSE ALSI (futures) resumes the correction along with all other ALSI index variants.

 

https://jsecharts.bl...si-futures.html

 

 

alter alter trahere

[Snippit]

JSE, ALSI Swix, JN43 (Updated)

Update 5th Feb:

Intermediate wave ( C ) of Primary wave [C] has a very high probability of comprising 5 Minor waves. Presently the 2nd Minor wave tiptoes towards the turn into the third.

https://jsecharts.bl...-swix-jn43.html

 

 

amissa est in translatione

Edited by Snippit, 05 February 2020 - 04:21 PM.

[Snippit]

JSE, ALSI Swix, JN43

The turn at Intermediate ( B ) of Primary [C] adds more weight to the bearish nature of the pattern. The projection is for if leg ( B ) - [C] will equal ( B ) - [A] which would be a 28% correction from SC1

https://jsecharts.bl...-swix-jn43.html

 

 

Panem et circenses

 

[Snippit]

JSE, ALSI Top 40 Index, J200

 

This weekly data chart covers the periods before and after the Cycle top at the end of 2017. The annotation that is given points to a probability of a downturn into the final leg of the Primary [C] wave.

 

https://jsecharts.bl...index-j200.html

 

 

Non loqueris ad ludum properamus

 

 

 

[Snippit]

JSE, Top 40 Index, J200

The Top 40 is with a similar wave count to the ALSI Swix. The 100 MA is in downtrend. A Cycle degree correction would complete at [C] which most often is similar to [A]. However, the probability of of this being a Supercycle degree correction exists, in which case [C] would mark the end of the first leg of the correction.

https://jsecharts.bl...index-j200.html

 

 

circulos circum solem

 

 

[Snippit]

The future looks grim...  I call this the CR uncertainty triangle.  it shuts Okt'20 only.   We could bob up and down for many months.
Orange is 50ma and red is 100ma.   Wont surprise me if 100ma gets tested before we get a new bull.
 

 

I see your projection as a valid alternative to the appended, should the JSE continue to follow the Fed and China farces. 

My projection assumes that the JSE will receive a revision of the risk premium.

 

 

https://jsecharts.bl...index-jn43.html

 

This daily chart of the ALSI Swix index sees the development of the Primary [C] leg of the correction that commenced at the start of 2018. A projection of the assumption that the Intermediate ( wave is reaching the end of its journey. 

 

 

[Snippit]

City Power Islamic gang cuts Jewish suburb for 16 hours and counting... cellphone generators pack up...

 

 

Zapiro undertakes update to show the terrorist cells...

 

[~DB~]

The future looks grim...  I call this the CR uncertainty triangle.  it shuts Okt'20 only.   We could bob up and down for many months.
Orange is 50ma and red is 100ma.   Wont surprise me if 100ma gets tested before we get a new bull.
 

Attached Files

•  Capture.JPG   109.78KB   12 downloads

Edited by ~DB~, 06 December 2019 - 10:59 AM.

[Snippit]

JSE, ALSI Swix, JN43

 

The delayed timing for reaching the target for 5 brings us into December. Assuming that sufficient pause occurs before the next bout of insanity about a China deal grips the bulls then the chart points to a prospectively acceptable place for (A).

 

https://jsecharts.bl...jn43-daily.html

 

 

 

melior est venundare aliudve

[~DB~]

will dive to that SWIX trendline and then maybe bounce a bit.

Attached Files

•  Capture.JPG   97.19KB   11 downloads

[~DB~]

there is noting good for ALSI.  think we going to get that deep dive till mid december. wont surpise me if dont get xmas rally

[Snippit]

GDP Q3    forecast 0.6%    actual -0.1%