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holeyprofit
Sep 22, 2022 8:13 PM

I think it has started. Short

CME_MINI:ES1!1D
E-mini S&P 500 FuturesCME

Description

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Following up on;



I think today we've seen the first serious break. Buckle up time.

Some bounces along the way, but destination 1900 SPX - that's my bet.
Trend Analysis
Comments
RT-84
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🤣
holeyprofit
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@RT-84, Rule #1 of TradingView - When people who post no ideas show up with laughing faces - add to positions.
CuzDelux
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@holeyprofit, very well, but why not 1100-1500 as the target? Spring/Summer of 2012 pricing would be the correction we need, Truly.
holeyprofit
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@CuzDelux,

>why not 1100-1500 as the target

I think we're going there but we might see a bull trap that last at least a year in the middle. I'd be bullish during that and re-load into a rip.

My long term target is lower. First given in December.
CuzDelux
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@holeyprofit, thank you.
cyberluck
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Wave C for ABC of wave 4 usually ends up at the wave 4 level of the previous pattern so dropping into 1849 unless you randomly just drew an arrow is going way too far right now, are you using fib levels?
holeyprofit
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@cyberluck,

Yes. I use fibs for everything. If you'd like to read up on the rational for the targeting I have some stuff here. beatthebear.substack.com/p/the-japan-miracle-break

Lines are not random.
DannyFoss
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It's just about at a couple support levels. Not that i don't have a bearish bias and have been short for a couple weeks. Doing some astrological analysis of late. Next big signal is after the close on Monday for a move one way or another.
holeyprofit
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@DannyFoss, Yep. We're at supports.

It's not a break without going through supports.
Okbronpbro
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Why do you think it will get that low?
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