SP500 1700 only 50% drop away...

Discussion in 'Trading' started by Hunter2020, Oct 13, 2022.

  1. Targeting this price level like a Hawk. Beijing Olympics 2008 happened at end of Summer next to stock crash seasons Fall & Winter. 2022 will be repeat of 2008 in the Fall & Winter. We got Oct Nov Dec Jan Feb Mar (middle of) to execute the SP500 ~50% drop from current price level!! That's plenty of time. The only time the Beijing Olympics effect wears off is 1 year later next March 2023. By then, spooky action at a distance/time will cease to exist!! Market been stalling all Spring and Summer long. It IS time for the final capitulation crash!!
     
    murray t turtle likes this.
  2. %%
    SPY stalling all spring?? Summer??
    Looks like a downtrending bear since FEB 2022.[JAN in hindsight\LOL]
    Bear rally in June;
    the thing about bear markets\ makes a low every day.
    Every day low?? Yes.
    Good thing i scaled + kept a few longs...................................:D:DIts hunting season:caution::caution::caution::caution::caution::caution:,:caution::caution::caution::caution: