because it imho still has to warp up, as clearly shown in my chats, this current iii of 3 wave (days to weeks) then do iv of 3 (weeks) followed by v of 3 (weeks). After that we still have to content us with wave 4 and again wave 5. Each will be months. Thus by the time wave 5 is done we are looking at end of next year. After that it still has to crash, and setting ul that crash wave takes time.because it imho still has to warp up, as clearly shown in my chats, this current iii of 3 wave (days to weeks) then do iv of 3 (weeks) followed by v of 3 (weeks). After that we still have to content us with wave 4 and again wave 5. Each will be months. Thus by the time wave 5 is done we are looking at end of next year. After that it still has to crash, and setting ul that crash wave takes time.
then your thinking is IMHO wrong, but what do you mean by "very soon"? tomorrow? No. Next week? No. Next month? No. Next year? No. In a few years: absolutely. And most likely much more than 50%. But first higher she goes.
thanks! 100% agree. And i actually clearly give a number (wave-4 should end around where current on going decline will end.) thanks! 100% agree. And i actually clearly give a number (wave-4 should end around where current on going decline will end.)
Thanks! Time will tell, but imho wave 2 of the same degree was a zig-zag which means based on the rule of alternation wave-4, the current correction will be a flat or a triangle. Given the decline from tye ATH to the September low was clearly imho 3 waves it can indeed not be a zigzag. Thus flat most likely scenario.
ur always more than welcome to join my members' ranks or wait several weeks for the next "told ya so" update ;-) u pick :-) ur always more than welcome to join my members' ranks or wait several weeks for the next "told ya so" update ;-) u pick :-)
Exactly. Sorry anout the small print of the chart, but the publisher reduces the original size a lot. My premium members get of course the full version. Daily! Trade safe!
all indexes will move lower, in 4th waves, but all are in different EWP counts. See my recent SPX and NDX articles for example:
https://www.investing.com/analysis/sp-500-with-rally-to-4550-about-complete-buyable-pullback-should-be-under-way-200601573
https://www.investing.com/analysis/nasdaq-100-should-begin-correction-once-16k-reached-200600916
In a probabilistic, stochastic environment, such as the financial markets, one cannot demand certainty. all one can do is make educated guesses: anticipate, monitor, adjust.
kudos! at these levels, one has to take everything with almost +/-50 points as that's +/-1%... well within the margins of error. Thus kudos to your decision and trade! kudos! at these levels, one has to take everything with almost +/-50 points as that's +/-1%... well within the margins of error. Thus kudos to your decision and trade!
correct: as new data becomes available one can adjust price targets if necessary. I have NOT had to do that since August as I was back then already looking for 4535-4595. So far so good. And adjusting goal posts is actually really good because the markets are dynamic, stochastic, ever-changing, and non-linear. How can one then forever keep the same forecast?!? Forecast once and that is it?! That be about the stupidest thing ever. Weather forecasts change daily too as the atmosphere is similarly always changing. Somebody who has 25 years of market experience as you say should IMHO know this. correct: as new data becomes available one can adjust price targets if necessary. I have NOT had to do that since August as I was back then already looking for 4535-4595. So far so good. And adjusting goal posts is actually really good because the markets are dynamic, stochastic, ever-changing, and non-linear. How can one then forever keep the same forecast?!? Forecast once and that is it?! That be about the stupidest thing ever. Weather forecasts change daily too as the atmosphere is similarly always changing. Somebody who has 25 years of market experience as you say should IMHO know this.