For those of you who might be interested, CODE-X II by Robert Edward Grant will be airing in a few weeks.\
Ummmm, your going to want to watch this …
A very awesome and fun new friend, Riley, shot over a chart of GAIA (had no idea they were publicly traded) and asked if I would buy.
Didn’t take long … based on the content of the Gaia channel (trippy) not surprised that the stock is harmonic! Note we just completed the exact same ‘fractal’ (solid dark blue line) and then we had ‘somewhat the same fractal in the light blue rectangle area so … yes, I’d be a buyer and would really like the red line to get defeated as resistance on a daily close above.
Strong resistance is higher but, perhaps, we have another move higher like we did the last time this fractal completed. Or not …
Patterns appearing all over the place …the only ones that count are the BANKS/FINANCIALS. They will lead us up and lead us down … bank on it … (get that?)
Let’s make this simple.
I’m watching a few things:
Banks/Financials – they always lead us UP and they always lead us DOWN. They are approaching major targets. BUT WAIT – the European Financials just BLEW THREW 2 projections and a retracement level. (see below) – are they going to vacuum the banks/financials in the US w/ them … if they do, we ain’t going down folks. HOWEVER, if the banks/financials start down, then you might think of getting VERY conservative. We’ll find out in a few days or so, I suspect.
XLP/NYA – held for now. That’s ‘bearish’ for stocks but if we lose that 13 year support line then these stocks could take off higher. DO NOT BE LONG THE STOCKS WHEN THE PATTERN COMPLETES LOWER ..for now, see what this important ratio does.
I’m also watching the strength in Junk Bonds – junk bonds go up – it’s game on folks and they have yet to break down.
At the end of this post, take note of the Japanese Yen … sure looks like it wants to get stronger and remember the last time THAT happened?
Last – might want to go load up on some coffee. Coffee futures are rolling thru a long term projection.
Bring on the Charts!
forgot to label, the chart below is Copper Futures
1- Also, The Cube Root of Phi 1.17… has an uncanny relationship to the Digital Compression of the Fibonacci Sequence (modulus 9) which give an infinitely Repeating 24 Code expressed as “108+9” whose sum is really 117. In Harmonic Mathematics, we are permitted to slide the decimal to the right or left, thus equating and linking the numbers 117 = 1.17.
2- Using the Rechner Online Pentagon Calculator, setting the Area of the Pentagon to be 1 unit, gives a result of 1.173193045 for the Height.
3- Using the Dodecahedron Calculator, setting the Insphere Radius to be 1 unit gives a result of 1.176 for the Midsphere Radius.
4- Using the Icosahedron Calculator, setting the Midsphere Radius to be 1 unit gives a result of 1.176 for the Circumsphere Radius.
5- Using the Pentagon Calculator again, setting the Circum Radius to be 1 unit gives a result of 1.1755… for the Side Length
Did you know that when they first discovered the Sarcarphagus, it had all this carbon inside it … no shit.
They tested it and, it was Carbon that was specifically found to be crucial to the operation of the PINEAL GLAND.
BIG MOMENT of inflection here … this support needs to hold for a correction to unfold or we could be exploding higher.
For those of you who have been following this blog, you know how much I “lean” on the XLP/NYA ratio.
It’s one of the best tools to monitor ‘institutional money flow’ or ‘risk on- risk off’ appetite of the ‘big guys.’
Ratio goes UP then the numerator is stronger – XLP.
Ratio goes DOWN then the denominator is stronger – NYA.
Going up signifies rotation (the Staples are getting stronger from a relative strength perspective) and stocks correct or going down …
Going down signifies “risk on” as the institutions are rotating out of defensive names and have a more “riskier” appetite.
A few weeks ago, we did the near perfect PRICE and TIME corrective move in the XLP and the importance was the correction was the largest measured move correction since the XLP came on the scene in 1998. Pretty big deal …
At almost the same time, the NYA was smacking into the 1.618 price projection from the all time low and beginning of the NYSE. We had LONG TERM price projections hit in BITCOIN, Transports, Semi-Conductors, etc.
Time for a correction – right?
Hold your horses … for only the second time in 14 years we have penetrated a long term horizontal line of support and we are sitting right on two very important ratios.
Take note, the two times we did penetrate this level (appears to be two months in a row) we sprung back (the ratio) and it led to an almost 2 year correction.
So, PAY ATTENTION TO THIS LEVEL as it’s not a far stretch to believe that this level gets smoked to the downside and we vacuum down to the .786.
We are a BIG point of inflection … stocks stop here OR the can explode higher and higher.
Now, with that in mind, we have now gone up the same amount in interest rates in 4 years compared to what it took, the last time, 20 years to do … let that sink in!
The below is interest rates since 1913 – LOG SCALE. Take note of the orange line … over 112 years interest rates have NEVER gone up this much and this time THEY DID IT IN A MERE 4 years – not 20+ like the last time.
Sure seems like they want to go to – at a minimum – the .382 below. Imagine what that will do to our multi trillion dollar debt payments and, just as importantly, emerging markets, Asia and Europe. Remember, the reserve currency is STILL the USD.
So, take a look at the chart above … if we have begun (who knows) a ‘new’ bull market in interest rates, certainly seems plausible that we will have 20%+ interest rates OR a global sovereign debt collapse and burn the entire thing down …
Amazing geometry w/ BlackRock. That being said, believe it’s run into some stiff resistance.
The blue arrow is the proverbial ‘rock’ hitting the water … that first move, wave or vibration is the “DNA” of this wave as it goes and ripples thru time …
Never sure if this is THE TOP but certainly can make a case that we’ve hit some stiff resistance. Interesting …
Need to watch the KBW here … take note of the two levels below which represent “gap support.” As long as KBW stays above these two support zones (expect the first to give away) then we are good to go …the BIG gap support is the key for me. That “should” hold if we are still very bullish …just because we lose it doesn’t mean the insanity of the “top of all ages” and “blah blah blah” is here. No, if you’ve been following this blog we’ve expected this level to be resistance for the equities …
As you have heard me say before – banks / financials lead us UP and they lead us DOWN.
Don’t get confused w/ the ‘arrows’ on the chart – they are “measured moves” and they are the harmony that causes the market to bounce around …
KEEP AN EYE ON KBW and the Banks/Financials … this SELL PATTERN on KBW has hit and has held.
Last, apologize for missing this SELL PATTERN – I simply had not looked at the KBW in a while and not until today.
