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| SPX 09-25 a.m. |
Note the alternation on the proposed 2-4 waves -- a sharp wave 2 back up, compared to a meandering, lazy 4 late next week.
I've got a rare shore leave for an overnight hike this weekend, so I'll be out enjoying the larches on the Devil's Dome loop trail in the Pasayten Wilderness.
5 comments:
"Shore Leave" ? Christian are you
in the navy?
Worse. Married!
...With the break of sp'1978...the 'doomer' scenarios can be brought out proudly now ;)
I like those chart levels and targets...looks very viable.
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I will want to see a few more bigger technical issues achieved... namely..
1. VIX weekly close >17.50
2. VIX >22 (possible if sp'1920/00)
3. Another red weekly index 'rainbow' candle next week..(now almost a certainly).
Closing September on a low would also really help the grander bearish outlook, and setup early October for a further down move..before the 'stupid bounce'...somewhere to 1970/90....
If that is the case... the subsequent wave would be a bad-ass....at least to 1780/60.
Fib charts say '1650'., but now...that is beyond the stuff of dreams.
Have a good Friday CG
am a buyer at 200dma or a bit above in case it doesn't hit. last time was 2 years ago.
Me, too, Mr. Berry, I'll buy that dip with you -- but only for a play into the following week, to kissback another channel (SPX 1966?)
I'll post that chart this morning. Working on a cup of coffee now.
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