{"id":5699,"date":"2024-06-29T17:40:52","date_gmt":"2024-06-29T17:40:52","guid":{"rendered":"http:\/\/www.economicfractalist.com\/blog\/?p=5699"},"modified":"2024-06-29T20:00:24","modified_gmt":"2024-06-29T20:00:24","slug":"a-june-july-2024-flash-crash-part-2-28-june-2024-a-bear-key-reversal-day-the-fractal-self-assembly-nature-of-the-global-asset-debt-macroeconomic-system","status":"publish","type":"post","link":"http:\/\/www.economicfractalist.com\/blog\/2024\/06\/29\/a-june-july-2024-flash-crash-part-2-28-june-2024-a-bear-key-reversal-day-the-fractal-self-assembly-nature-of-the-global-asset-debt-macroeconomic-system\/","title":{"rendered":"A June-July 2024 Flash Crash Part 2 : 28 June 2024: A Bear Key Reversal Day? The Fractal Self-Assembly Nature of the Global Asset-Debt Macroeconomic System"},"content":{"rendered":"\n<p>For the SPX  Friday 28 June 2024  meets the criteria for a peak (bearish) Key Reversal Day: <br>&#8216;Key Reversal Day: In a bearish key reversal the market OPENS above the prior close, often leaving a gap, sets a new high, and then closes the day lower than the prior day&#8217;s close.&#8217;<br><br>A two day chart from 27 and 28 June 2024  is shown for the SPX below.<\/p>\n\n\n\n<p><br><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"http:\/\/www.economicfractalist.com\/blog\/wp-content\/uploads\/2024\/06\/ket-reversal-day.png\"><img loading=\"lazy\" decoding=\"async\" width=\"727\" height=\"961\" src=\"http:\/\/www.economicfractalist.com\/blog\/wp-content\/uploads\/2024\/06\/ket-reversal-day.png\" alt=\"\" class=\"wp-image-5703\" srcset=\"http:\/\/www.economicfractalist.com\/blog\/wp-content\/uploads\/2024\/06\/ket-reversal-day.png 727w, http:\/\/www.economicfractalist.com\/blog\/wp-content\/uploads\/2024\/06\/ket-reversal-day-227x300.png 227w\" sizes=\"auto, (max-width: 727px) 100vw, 727px\" \/><\/a><\/figure>\n\n\n\n<p><br>28 June 2024  for the SPX  represents year 31 of a 13\/31-33 year 1982 first and second fractal series. As an update from the second picture below 28 June  represents the 121 quarter of a  49-50\/123-125 quarter first and second fractal series<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"http:\/\/www.economicfractalist.com\/blog\/wp-content\/uploads\/2024\/01\/1982-to-1994-1.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"761\" src=\"http:\/\/www.economicfractalist.com\/blog\/wp-content\/uploads\/2024\/01\/1982-to-1994-1-1024x761.png\" alt=\"\" class=\"wp-image-5635\" srcset=\"http:\/\/www.economicfractalist.com\/blog\/wp-content\/uploads\/2024\/01\/1982-to-1994-1-1024x761.png 1024w, http:\/\/www.economicfractalist.com\/blog\/wp-content\/uploads\/2024\/01\/1982-to-1994-1-300x223.png 300w, http:\/\/www.economicfractalist.com\/blog\/wp-content\/uploads\/2024\/01\/1982-to-1994-1-768x571.png 768w, http:\/\/www.economicfractalist.com\/blog\/wp-content\/uploads\/2024\/01\/1982-to-1994-1.png 1365w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"http:\/\/www.economicfractalist.com\/blog\/wp-content\/uploads\/2024\/01\/120-q.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"784\" src=\"http:\/\/www.economicfractalist.com\/blog\/wp-content\/uploads\/2024\/01\/120-q-1024x784.png\" alt=\"\" class=\"wp-image-5633\" srcset=\"http:\/\/www.economicfractalist.com\/blog\/wp-content\/uploads\/2024\/01\/120-q-1024x784.png 1024w, http:\/\/www.economicfractalist.com\/blog\/wp-content\/uploads\/2024\/01\/120-q-300x230.png 300w, http:\/\/www.economicfractalist.com\/blog\/wp-content\/uploads\/2024\/01\/120-q-768x588.png 768w, http:\/\/www.economicfractalist.com\/blog\/wp-content\/uploads\/2024\/01\/120-q.png 1302w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<p> For the SPX  28 June 2024 represents day 114   of a 55\/112-140 day 27 October 2023 first and second fractal series. The SPX  is in the terminal 2x to 2.5x portion  of the 112-140 second fractal window where nonlinear occurs. <\/p>\n\n\n\n<p><br>US total market cap to GDP ratio was at 193.3 % on 27 June 2024, still more than 6% below its 2021 199.5% peak.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"http:\/\/www.economicfractalist.com\/blog\/wp-content\/uploads\/2024\/06\/twoo.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"693\" src=\"http:\/\/www.economicfractalist.com\/blog\/wp-content\/uploads\/2024\/06\/twoo-1024x693.png\" alt=\"\" class=\"wp-image-5707\" srcset=\"http:\/\/www.economicfractalist.com\/blog\/wp-content\/uploads\/2024\/06\/twoo-1024x693.png 1024w, http:\/\/www.economicfractalist.com\/blog\/wp-content\/uploads\/2024\/06\/twoo-300x203.png 300w, http:\/\/www.economicfractalist.com\/blog\/wp-content\/uploads\/2024\/06\/twoo-768x520.png 768w, http:\/\/www.economicfractalist.com\/blog\/wp-content\/uploads\/2024\/06\/twoo-1536x1040.png 1536w, http:\/\/www.economicfractalist.com\/blog\/wp-content\/uploads\/2024\/06\/twoo.png 1548w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<p><br><strong><br>Second Fractal Nonlinearity:<\/strong><\/p>\n\n\n\n<p>From the 2005 website page of TEF regarding first and second fractals (cycles) of a 4 phase fractal (cycle) (x\/2x-2.5x\/2x(to 2.5x)\/1.5-1.6x series.<\/p>\n\n\n\n<p> &#8230;. &#8220;The first two cycles include a saturation transitional point and decay process in the terminal portion of the cycles. <strong>A sudden nonlinear drop in the last 0.5x time period of the 2.5X is the hallmark of a second cycle (fractal)and characterizes this most recognizable (fractal) cycle.&#8221;<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>For the SPX Friday 28 June 2024 meets the criteria for a peak (bearish) Key Reversal Day: &#8216;Key Reversal Day: In a bearish key reversal the market OPENS above the prior close, often leaving a gap, sets a new high, and then closes the day lower than the prior day&#8217;s close.&#8217; A two day chart &hellip; <a href=\"http:\/\/www.economicfractalist.com\/blog\/2024\/06\/29\/a-june-july-2024-flash-crash-part-2-28-june-2024-a-bear-key-reversal-day-the-fractal-self-assembly-nature-of-the-global-asset-debt-macroeconomic-system\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">A June-July 2024 Flash Crash Part 2 : 28 June 2024: A Bear Key Reversal Day? The Fractal Self-Assembly Nature of the Global Asset-Debt Macroeconomic System<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5699","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"http:\/\/www.economicfractalist.com\/blog\/wp-json\/wp\/v2\/posts\/5699","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.economicfractalist.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.economicfractalist.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.economicfractalist.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.economicfractalist.com\/blog\/wp-json\/wp\/v2\/comments?post=5699"}],"version-history":[{"count":4,"href":"http:\/\/www.economicfractalist.com\/blog\/wp-json\/wp\/v2\/posts\/5699\/revisions"}],"predecessor-version":[{"id":5708,"href":"http:\/\/www.economicfractalist.com\/blog\/wp-json\/wp\/v2\/posts\/5699\/revisions\/5708"}],"wp:attachment":[{"href":"http:\/\/www.economicfractalist.com\/blog\/wp-json\/wp\/v2\/media?parent=5699"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.economicfractalist.com\/blog\/wp-json\/wp\/v2\/categories?post=5699"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.economicfractalist.com\/blog\/wp-json\/wp\/v2\/tags?post=5699"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}