I think we're done with short term correction and going up
hngng_anhs
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@kkandru, the move up is sus still so i wanna see if it could go above that trendline with nice volume. Or else a fake out maybe
kkandru
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@hngng_anhs, Agree , But please see the long time chart I did with channeling. Based on this I'm seeing no more correction, but a choppy trend taking SPX all the way to 5200 plus levels.
Long Term Channels:
hngng_anhs
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@kkandru, thank you for sharing although the white charts hurt my eyes so much lol. Your channels would give us some more clues to be bullish and I do have many scenarios sketched out for how it may move as well. Will see how its gonna go and update.
kkandru
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@hngng_anhs, Appreciate the feedback. My bad, I should pick a diff color :-) lol. I used to do EW as well, but I felt a combination of channels and EW would be perfect .
hngng_anhs
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@kkandru, nah haha it's just personal preference :') and yea i agree, i do use the Kennedy channeling method alongside with EW too!
kkandru
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@hngng_anhs, If you can share some of your other views on the SPX , it'd be great and helps us learning a bit more.
hngng_anhs
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@kkandru, I have one on SPY which is a more conservative one where its going for the last 5th leg instead of a 1-2.
hngng_anhs
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@hngng_anhs, I published ideas here mostly for personal archive and to look back later. Im more active on discord if you wanna join too?
kkandru
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@hngng_anhs, Thx . I’ve this view as well, but price action from my Channeling is not showing this yet from my charts .However since are breaking out big time as I write , there’s a good chance that spy reaching 550 level as a bull market interim top.
Last waves of topping is where lots of money can be made anyways , please keep posting any anomalies , I’ll do the same thing as well.