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GrandSupercycle

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Previous SPX 8 hour chart bearish warning confirmed and daily chart is now breaking down.

So it should roll over soon and presumably then rescued via QE3 before the US elections.

Let's see if I'm right...
 
Despite central bank short covering spikes last week, SPX & AUDUSD daily chart significant retracement still expected.
And then prolly a QE3 rally prior to US elections...
@GrandSupercycle
 
Despite central bank rally last week, SPX / AUDUSD / GOLD / SILVER daily chart significant correction still expected.
And then prolly a QE3 rally prior to US elections...
@GrandSupercycle
 
SPX daily chart remains bearish and weekly is neutral.
Impending sell off expected.
GOLD and SILVER too.
 
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Due to ECB short covering spike yesterday, SPX etc are very overextended and retracement needed.

GOLD and SILVER daily charts are very overextended and good retracement expected.
 
As usual, once the SPX shorts are all burnt [which propels the market higher] the sell off can resume.

Extremely overextended GOLD & SILVER impending correction is close.

LIVE UPDATES:
@GrandSupercycle
 
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Election rally scenario continues ~ impending equity correction which is rescued later with QE3 prior to US elections.
 
DOW megaphone daily chart & very overextended COPPER / GOLD / SILVER / EURUSD daily charts still warn of impending sell off.
 
ES pullback from extreme levels commences.

-----------------------

Due to further USD suppression via QE3, previous bearish warnings for any commodities are now invalid.

USDX bearish rising wedge on weekly chart now looks confirmed.

The election rally target for DOW is approx 14,600

Central bank intervention ensures that the next big crash will be worse than 2008.
Guaranteed.
 
Despite ongoing equity support & USD suppression, natural market forces will always return - eventually.
Significant equity & commodity sell off should be this week.
 
Due to the latest intervention by central banks, daily charts are seriously overextended, with risk of Wile E. Coyote waterfall sell off.
The topping process of daily charts has been more protracted than I expected but the bungee cord will snap back. It always does.
Grossly overextended markets replete with short covering can result in nasty crashes.
Due to the lack of a much needed equity retracement earlier, I'm withdrawing my proposed DOW target of 14,600.
The much is too unstable and too unhealthy to project that far.
Central bank intervention dominates the markets and central bank intervention also guarantees the next big crash will be worse than 2008.
Presumably they will try to avoid this happening before the US elections.
But it will happen eventually.
Guaranteed.
 
Daily chart significant down legs commencing ~ SPX, DOW, NASDAQ, NZDUSD, AUDUSD, GBPUSD, PLATINUM, GOLD, SILVER, CRUDE, COPPER.

@grandsupercycle
 
AAPL weekly & monthly overextended parabolic charts are at EXTREME levels.
This will end in tears and naive longs will be badly burnt.
 
OVERDUE CORRECTION LOOMS.

Due to recent central bank intervention and short covering spikes, these daily charts are extremely overextended and significant correction expected very soon:
SPX, DOW, NASDAQ, NZDUSD, GBPUSD, AUDUSD, COPPER, CRUDE, GOLD, SILVER.
USD strength will return.
 
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