Depression incoming

TVC:SPX   S&P 500 Index
Final drop of stocks will take place. CEOs bailed in masses at the top slowing them to sell all their shares. Iron this time hedge funds pulled out insurance policies against the market dropping. Once the market dropped 30%, hedge funds cashed in on their insurance policies and used those funds to buy back into the market while claiming a “bottom” was in place. The rapid rise out of recession will push them into a safe area where they can sell all their holdings and short the market as it drops for a final leg and they earn 20% gains on the entire market dropping rather than 0% with insurance or -30% without. This is a perfect setup for final leg.


your wave 1 overlapped with wave 4. still considered valid?
+1 Reply
TheKujiras pipstrading
@pipstrading approximates, 4 should be slightly below 1. I was using mobile and it’s a bitch
This extended beyond your wedge do you have an updated pull for this? I have puts on spy and calls on vxx for the 15th of may. My timeline was the next major push down happening may 5th not any sooner.

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