YaKa

SP500 Swing Analysis

FX:SPX500   S&P 500 Index
396 12 8
Swings tend to last 6 months and climb 16%.

The current swing is exactly standard so far.

One swing was greater in % and climbed 25% (9% more = Powerful wave 1 of III             )

One swing was greater in length nad             lasted 7.5 months (1.5months more in very low vol environement - Resilient wave 3 - heart of the rally).
this one is interesting as tracking...
in current situation, esp. after dax broke 10150 and did not retraced more than couple hundred points i definitely quit all the top guessing and forecasting as damaging - every bear atempt was easy swept away, music is still on and very loud, yearly r2 and beyond?, who knows, maybe another gann...
i am tracking es/vix.sq ratio and it seems, that last week volatility drop cleared the way up, need to be confirmed by new ath


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YaKa look4edge
the market definitely wants us to throw in the towell. But I like it here actually, there might be something from here.
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YaKa look4edge
Look.
In the last 2 years, SP500 spent 99% of the day closes in this channel... This is not going to last forever... 27 months already...
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yes but could be just at the start of w3.3 of last W5...
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YaKa look4edge
well - Everything is possible but my correlation reading is that if SP500 had wanted to be strong, it would have taken an earlier chance while DAX pushing hard....
Conversely, i think SP500 just managed to make a last kiss to tops thx to the dax strength..
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also possible, my point is that i quit relying on what i or whoever thought earlier or thinks now, im trying to let the market speak and this chart is telling me that cci is 2 yrs oscilating around 100 with no signs of weakness, adx at bottom, so new trend is about to pick up where odds favour uptrend, so, i need to accept it, whatever could i wish, unless proven wrong or faked

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YaKa look4edge
ok that's wise. confirmation move down if close below 2040.
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YaKa look4edge
Food for thoughts:
The Global Head of trading at Deutsche Bank once told me:
The PB is bears that are wrong for too long is that they turn bull the moment it is about to fall.
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true of course, with me was it at dax above 10150 as am trading mainly dax, what is going there is beyond imagination of almost everyone, not mention retail traders like me
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