Is wave 1 down finished? If so the .618 retrace is at 3187 this week, if we can break above the initial down channel. This makes for a tidy 5 waves down to the lower bound of the Jaws of Death megaphone at 2107 into the March FOMC.
5 perfect fibby waves down to 2107 |
We retraced the dumb rally from October to within a single point on the S&P 500. That low needs to hold for a last ditch effort of denial.
retrace of terminal overthrow rally since October |
The 13-week Treasury yield is telling you today that the Fed will cut at least 50 bps, maybe more, or some policy fun. This will only buy us a B-wave .382 retrace into EOQ1.
Breaking down the lower bound of the giant megaphone top means that free-fall is imminent again and SPY 100 puts will pay. Here is how A-B would pair with a C from 2008, targeting a 500-ish destination.
ABC with C the 2008 tape |
What happens to cities like Vancouver, BC? "So what exactly would you say you do here?"
At least some high school kids got to drive Lamborghinis. That's got to count for something.
5 comments:
Ron Paul "It's Happening" meme? others?
Do you realize there is a 12 word sentence you can tell your man... that will trigger intense feelings of love and instinctual attractiveness to you buried inside his chest?
That's because deep inside these 12 words is a "secret signal" that fuels a man's impulse to love, admire and look after you with all his heart...
====> 12 Words Will Trigger A Man's Desire Response
This impulse is so built-in to a man's brain that it will make him work better than ever before to do his best at looking after your relationship.
Matter-of-fact, fueling this mighty impulse is so important to achieving the best possible relationship with your man that the second you send your man one of these "Secret Signals"...
...You'll immediately find him expose his soul and mind for you in a way he's never experienced before and he will see you as the one and only woman in the universe who has ever truly tempted him.
Have a good March CG.
Thanks, brother. Good luck to you as well.
Corona-chan, she is strong here in Seattle, but there are already signs that the mortality may not be so bad.
I'm leaving the comment SPAM in here because I find it amusing. The internet has become a stinking cesspool of grifters.
You are the best Xian.
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