%% HE maybe getting better\ I remember when he thought the market went up on his comments. Not really a prediction; but i do have enough blue lines on my chart. I dont know if IBKR founder likes the Israel flag, but he rightly dislikes ESG + socialism ; SPY put in a JUN low near his 16% drawdown guess + he doesnt seem to like ESG........
My opinion a little early we could do anything next few weeks but sometime in October / early November probably a rally starts through year end. Worst case floor to me is June lows load up the truck if it happens. Bears on here will be high fiving and shorting like crazy if we go to those levels.
$SPX a) 3911.74 on the down side b) 4128.73 on the up side Down side close below level a) confirms wave 3 of 5 bear trend, upside close above level b) voids count to the downside and upside is either wave c of abc or as you say wave 3 of 5. Probabilities atm point to the downside winning out.
That is a histrionic view. We have two major coiled springs that could break that cycle. A.) Putin dies and the Ukraine war is over. B.) CPI prints incoming show a greater-than-expected drop.
Beauty. Soy brings Joy vs KC the King of Crash Even money. KGTrader4's holdin the cash - he don't need any more so it's safe in his hands. Bet em up!
In a previous thread reply, you mentioned you are not a millionaire from decades of trading and that you blow multiple accounts or have. Are you a hundred thosandaire, from trading? or a 50 thousandaire, from trading? or a ten thousandaire from trading? or a 2 thousandaire from trading? Or are you still presently blowing accounts in your attempt to solve the market puzzle enigma,