First see linked.
We've made a low in the area of where a wave 1 would typically end and we've retraced to around where wave 2 would typically end if a downtrend was to form. If there's another break - this could get nasty.
Get quite a lot of abuse for sharing a TA forecast on AMC saying it might not go to 10,000 tomorrow. Let me pre-answer to save time;
"Never went down the middle like your forecast"
- Okay. The forecast was to look for bears on a specified level. Markets can trade flat for a while.
"You've been wrong before"
- Okay. I'll be wrong again. That's what happens when you make probabilities based forecasts on the future.
"Go push the short narrative elsewhere!"
- Like where? This is a trading site. It's a good place for it. Also, no. Just take my money if you know better.
"You wish!"
- I don't. Not everyone betting on mean reversion wants you to fail, they're just betting on the odds.
We've made a low in the area of where a wave 1 would typically end and we've retraced to around where wave 2 would typically end if a downtrend was to form. If there's another break - this could get nasty.
Get quite a lot of abuse for sharing a TA forecast on AMC saying it might not go to 10,000 tomorrow. Let me pre-answer to save time;
"Never went down the middle like your forecast"
- Okay. The forecast was to look for bears on a specified level. Markets can trade flat for a while.
"You've been wrong before"
- Okay. I'll be wrong again. That's what happens when you make probabilities based forecasts on the future.
"Go push the short narrative elsewhere!"
- Like where? This is a trading site. It's a good place for it. Also, no. Just take my money if you know better.
"You wish!"
- I don't. Not everyone betting on mean reversion wants you to fail, they're just betting on the odds.
Catatan
Break has been made.
We may be inside of a crash event to 3000 in SPX.
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
We may be inside of a crash event to 3000 in SPX.
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.