While my prior projections for the S&P have been trash, I still believe we will see a pull back in 2021 as we are still over-heated. Ideally, I would want it to trade sideways to catchup to the true mean.
Have you been shorting this bull market wondering why you're not winning?
I've been getting direct messages asking me when is it a good time to short or why when there is a reversal candle there is no follow through to the downside.
Zooming out to the 2 day chart I think you can see why. We are in a massive uptrend channel since early last year right after the...
SPX500 to 4300 target for 2021.
based on the projection of a correctional move within certain months, however the rate of debt the debt market cycle has not been reacting negatively yet with yields still intact and further debt creation to refinance debt obligations .
There will be weeks and months which have negative returns, however the overall Fibonacci...
The website known as multpl reported that yesterday the Current S&P 500 PE Ratio: 37.37
If you Google search " Multpl " you'll see the website that I'm referring to.
The last time the SPX PE Ratio was this high was back in 1999 when we had the .com crash
If you also use Yahoo Finance as a tool for your decision making process, well unfortunately they report a...
As title suggests, this is an update to previous posts on massive 5 wave move from LOW
We are currently mid way througth the final 4th wave of the concentric unwinding of 4-5-4-5-4-5 which began VDUMPS lows.
See previous post for more detailed snapshot of interior complex structures.
As title suggests, we are currently mid way through a dragged out complex WXY zig-zag.
This is the final wave 4 of the unwinding 4-5 4-5 4-5 of concentric 1-2 1-2 1-2's that began VDUMP lows.
These unwinding market torrents are remnants of the initial impulse off the VDUMP lows from previous posts. corroborated by the highly complex interior os the beginning of...
The rising wedge on the daily chart shows a possible top
for the S&P 500 Index. However, we may see a false upside breaking of the upper trend line. However sustain trading above 3700 may negate the downtrend.
i dont think it matters who wins (I'm talking stock wise) the USA has been printing more then ever before + an overwhelming amount of covid cases. Bossiness cant be taking and taking without giving back the money. there are so many factors to what is going wrong with and in America but the stock market doesn't look too good either the 12M is on a TD green 9...
Is the market breaking out or still correcting? I can make a case for 5 waves up from March with a correction that potentially started in September. This could also be the start of wave #5 which puts price a good bit higher. I cannot determine that yet- price would need to drop hard very soon to convince me of a continued correction. There's just one red flag on...
Speculation about 'when' rather than 'if' there is a drop is rife.
- I remain bullish but likely to change position until 2 weeks after the election / once a winner is identified. I'm not expecting a drop before US election day
- If there is any drop I expect it will be when money moves off the side-lines driven by the confirmation of the election result and the...