Gordon T Long Global Macro Research | Macro-Technical Analysis MATA: PATTERNS & PIVOTS IS A 200 DMA OVERHEAD RESISTANCE TEST IN THE CARDS? BASIS OF PROJECTIONS: “EVENTS” with a beginning and an expected end like the Coronavirus often are spikes in the market and typically exhibit “V” bottoms when the news turns positive. […]
MM Patterns Of Interest
IS THE S&P 500 SETTING US UP FOR A NEAR-TERM “REVERSE HEAD & SHOULDERS”?
IS THE S&P 500 SETTING US UP FOR A NEAR-TERM “REVERSE HEAD & SHOULDERS”? Below are some MATASII charts we will be discussing in this months LONGWave video which will be released to subscribers by mid-week. We have intentionally left the narrative for them to the video – Hope you watch for it! […]
US DOLLAR SENDING EARLY SIGNS OF A POTENTIAL REVERSAL
US DOLLAR SENDING EARLY SIGNS OF A POTENTIAL REVERSAL We have been posting this US Dollar DXY chart for a couple of years now. It has been very accurate in warning of US Dollar moves. Recently, the issue has been whether the DXY continues to follow the ellipse ring higher or separates from it. A […]
“YEAR OF THE RIGHT SHOULDER – MORE PROOF!
“YEAR OF THE RIGHT SHOULDER – MORE PROOF! Sven Henrich of NorthmanTrader.com posted the following which gives further proof to our previous labeling of 2019 as “The Year of the Right Shoulder”. The S&P 500 appears to be the exception with a Double Top (the Right Shoulder was pushed too high to qualify) before falling […]
FORGET THE SHORT TERM – THE RISK-REWARD IS IN THE MEDIUM TO LONG TERM!!
FORGET THE SHORT TERM – THE RISK-REWARD IS IN THE MEDIUM TO LONG TERM!! Give this some careful thought: The U.S. stock market’s long term Risk:Reward is no longer bullish. In a most optimistic scenario, the bull market probably has 1 year left. Long term risk:reward is more important than trying to predict exact tops […]
ENDING DIAGONAL TERMINATION WAVES EVERYWHERE!
ENDING DIAGONAL TERMINATION WAVES EVERYWHERE! Elliott Wave’s “Ending Diagonals” The ending diagonal is a special type of wave that occurs in Wave 5 of an impulse, or the last wave of a correction pattern – Wave C of an A, B, C correction. This wave often occurs when the preceding move of the trend has […]
IS THE “JNK” MARKET SIGNALLING THE TOP?
IS THE “JNK” MARKET SIGNALLING THE TOP? The counter rally in the HY market has been explosive! However, it may be nothing more than technically “filling the gap”? The unfilled gaps shown below have troubled us since Q4 but now potentially appear to be about to be filled? The Elliott Wave count for a completed […]
ALL EYES NEED TO BE FOCUSED ON THE “VIX”
ALL EYES NEED TO BE FOCUSED ON THE “VIX” The last time the S&P 500 was at a record high and this overbought was January 2018 – right before the world fell out of the bottom of VIX shorts… And remember, VIX traders have never been shorter vol than they are now… Notably, extending last […]
RIGHT SHOULDER? DOUBLE TOP? OR EXPANDED FLAT?
RIGHT SHOULDER? DOUBLE TOP? OR EXPANDED FLAT? We are watching to see if the current rally breaks a possible “double top” and creates the possibility of an Expanded Flat. “(A)” and “(B)” have been ‘Corrective” so there is a strong possibility of this since “(C)” in an Expanded Flat is ‘Impulsive’ ( ie 5 count). […]
THE KONDRATIEFF ‘WINTER’ SIGNALS THE END OF THE DEBT SUPER-CYCLE
THE KONDRATIEFF ‘WINTER’ SIGNALS THE END OF THE DEBT SUPER-CYCLE The international economy operates in pulses christened Kondratiev waves after Nicolai Kondratiev (1892-1938), the Russian economist and statistician who first identified them. These K-waves consist of an expansionary upswing lasting normally 15-20 years, followed by a downswing of similar length. We are now in such a […]