this is going to happen, sure looks like a place to happen after this parabolic rise since Oct. 17th 2014.
most dependable indicator there is, gaps get filled especially this many in such a short period of time. GLTA
what history tells us is the opposite move is underway with the move as violent on the downside, only difference is we get to 16,000 much faster than we got to 18,000. GLTA
there is your tell, it happened at 4pm yesterday, check the charts.
thats as close as I can get at this point.
biggest down day all-time is about 755 points in 2008, biggest up day is over 900 pts. Throughout history of Wall Street the biggest down day has always been larger than the up day, this changed in 2009, we are about ready to go back to historical standards. In short that would mean a one day drop of 1000 points or more, and we are sure set-up for that event to take place in the very near future. GLTA
never have I seen so many unfilled upside gaps in such a short time period, EVER. GLTA
extremely large gaps 192.69 --194.26 --and 186.27 -- 187.62 looks like we are in the early stage of filling all these gaps.
since this index was created, NEVER, the lowest gap is down at 186.27, we could fill all these 8 gaps in ONE day, sure looks like we are heading towards that reality very soon.
what say you ??????
Randy always gives it to you straight, default city is coming to a town near you.
you won't hear this scenario anywhere else but, it's the correct one.
because most of these countries are reliant on $100 oil, thus they don't pay their bills, result deft default and chaos, there is your "BLACK SWAN EVENT" that nobody is going to tell you about, they will only tell you the good news not the bad, but we know better, just watch this unwind. GLTA