In my initial mention and entry at the low I posted the Elliot ABC corrective pattern.
Then I remembered we live in the age of eternal stop hunting. Upon some further consideration, I suspect if my bear thesis is correct we'll likely see a new high first.
Probably the short being 6160.
The difference between the ABC and the bat D leg does not matter at this point. Both are strong buys to the retracement levels.
Just a heads up because the possible bat pattern changes the way we go about fading the rally (And I will be trying to fade a rally if it comes).
At things stand, I suspect 6160 is the destination for SPX.
All long stops are in profit now, just waiting to see if we can break up.
Then I remembered we live in the age of eternal stop hunting. Upon some further consideration, I suspect if my bear thesis is correct we'll likely see a new high first.
Probably the short being 6160.
The difference between the ABC and the bat D leg does not matter at this point. Both are strong buys to the retracement levels.
Just a heads up because the possible bat pattern changes the way we go about fading the rally (And I will be trying to fade a rally if it comes).
At things stand, I suspect 6160 is the destination for SPX.
All long stops are in profit now, just waiting to see if we can break up.
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
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这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
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
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。