Nemo_Confidat

US Indices - Nasdaq, SP500, Dow; Market Tops

Nemo_Confidat מעודכן   
Most likely Market Tops in US Indices.
Probable dates and price levels;

The Nasdaq100;

The SP500;

The DJIA;

The NDX/DJIA/SPX rotation;
הערה:
A note on the recent "blockbuster" US ISM Manufacturing PMI numbers and the fallacy of their interpretation;
The ISM figures are diffusion indices calculated by the percentage of respondents expecting the future to improve minus the percentage expecting the future to worsen.

After an economy has been totally shut down and if every respondent thought things would get even a little better after the reopening, then the ISMs would register 100% - the maximum.

Obviously, currently this is nowhere near the case.
E.g. those recent, much celebrated "blockbuster numbers (in the low 60s)" are nothing more than a clear indication of just how bad things really are out there!
עסקה פעילה:
SHORT
Nasdaq (NQ1!)
הערה:
Likely SP500 Final Top - 4280
The initial break-down to the Weekly Gap at 4000 ought to be very quick!
הערה:
Dow 10,000 before Dow 40,000
Most likely Final Top 37800.

כתב ויתור

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