YaKa

SP500 - Minimum target reached. Took Profit - Watching

FX:SPX500   S&P 500 index of US listed shares
547 16 5
If it falls from here, it s gonna be frustrating.

there is 5 waves down, 1995 is key support and Draghi is supposed to announce something in 2 weeks....

the rebound could start from here or early tomorrow.

THE YEARLY PIVOT IS: 1967. If it closes below that, It is very dangerous for longs, especially if the current buy signal has failed.

Dream scenario: a new top after draghi, that I would short in max size again. but this time it could go much lower.
Time projection on SPX
----SPX has 2 more days to set a bottom,after that it goes up again---
+1 Reply
YaKa PRO Geert2000
Well - I have no clue here maestro. There is a buy signal but there is large collapse coming in the next few months and it could be now... so I took profit and I watch for now. 1 or 2 days here bottoming is not impossible.

There is definitely support in the area...

I am virtually long as i d like to reshort higher... If i miss the big short.. P.ta vida..
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YaKa PRO Geert2000
WTI is an inch from the linear support... 44/47 is important support.. maybe they all jump from here.
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continue further down and we could revisit 39!
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jangseohee Geert2000
at least a DOJI/ high spin wave candy/ inverted hammer with DOWI showing big volume as a gesture
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when ATR peak out, market made a bottom (temporary/major/all time low), except april 2000
snapshot
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YaKa PRO jangseohee
Good note. 2000 was a magnified bubble, the amplitude on the way up was as large was larger than the way down.. Interesting/crazy... the amplitude is increasing, are we going to 5000 straight? maybe i got it wrong:)
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What goes up must come down ;-)
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jangseohee afbitcoins
it might take a long time to come down xD
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YaKa PRO jangseohee
what made you change your mind JangS?
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what i mean is big picture, short term is volatility but long term those small ups and down are noise
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YaKa PRO jangseohee
There a possibility the rally will never stop for the next 20years... we need to keep this in mind.

a 20% correction is a possible scenario.
A continuation without easy entries is the pain scenario and is also possible....
Imagine if 1950 holds this year.... it could go to 2350 without breaching the top line
+1 Reply
snapshot

if rebound happen, would the resistance holds? Keep finger cross
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YaKa PRO jangseohee
Base scenario right now: spx 2120/2150 in feb/march.
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after 22 Jan
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New paradigm!
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