claydoctor
Short

Update to : SPX500 777, 666, now 555 ????

AMEX:SPY   SPDR S&P 500 ETF
113 11 3
I am not making this up, see for yourself, have you ever noticed this? These are real numbers. Even the first bull run to 2000 had 6 pull backs, and at the 7th the correction/collapse. All with 3 significant stops along the collapse. I can't believe I never noticed this before, enough to chart it and see what appears.

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that's interesting, but it assumes the high you have here doesn't get taken out, and we plummet straight into a crash. It also assumes that the last 3 corrections (including the next one) are related. what are the odds of that I wonder
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claydoctor FractalTrader
2 years ago
No idea the odds, but looking at strictly numbers, and believing they represent human nature, we live in cycles, and the cycles all have durations, magnitude, intensities, and as long as humans have the final say on trades, as much as they like to think they trade without emotion or feelings, humans still have them, and use them. A time may come where robo trades are the only thing, and we will just buy scripts or programs to buy and sell automatically. It will remove the human connection of winning or loosing, rewards for home work and dedication, nothing will be :earned" just deposited or withdrawn. Until then, I think charts represent society, business, and human cycles.
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jangseohee
2 years ago
i wish it crash from April - May
(Buy in Oct, sell in May) :-)
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claydoctor jangseohee
2 years ago
Some world bank will continue to do some stimulus, i.e. I see JPN225 up this morning, BOJ devaluing Yen yet again, trying like crazy to stop it from strengthening, until the day they cannot stop it, when, not sure obviously hopefully april/may also....
+1 Reply
claydoctor claydoctor
2 years ago
also, I have noticed the relationship between the currency pairs have changed now, off again, on again, USDJPY, EURUSD, EURJPY. When all is quiet they quiet, but they have changed relationship twice in past 30 days, something is changing world wide markets now, not sure how they set up now.
+1 Reply
julia17
2 years ago
i have the same target 560, but think that reversal may occur from the new high - somewhere from 2150-2160.
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claydoctor julia17
2 years ago
Thanks, I will check that against my other charts, you may be right, and more accurate with that timing estimate :)
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jangseohee julia17
2 years ago
2138
snapshot
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jangseohee jangseohee
2 years ago
sorry not this post ^_o
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jangseohee
2 years ago
SPX.. have not touch 1.618 yet?
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claydoctor jangseohee
2 years ago
looks like 2150 is popular for the big reversal among the bears.
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