Dr. Arnout ter Schure

thank you!

 Ok, so what was wrong with last week's forecast? 1) "The SPX should bottom out soon, or has already bottomed out, for green W-a and should start the countertrend rally/bounce labeled green W-b to ideally 20+/-20." It did just that, and we even got 4100—a 60p bonus for those who longed that bounce (I did!). Then 2) "Corrections always move in three waves; after W-b, the index should produce the next leg lower labeled green W-c. Depending on where exactly the W-b tops and the extension of the W-c, I anticipated a low at ideally 30-3870." It did just that, topped for W-b, and is now in W-c and already at 80. Thus how can that be contrarian? How can that be wrong? How can that be a "predict a bottom 93 handles below where we are today after the big moves happened." when I clearly found that was the primary path already LAST week? Oh well, never mind... Moving on... Good luck! Ok, so what was wrong with last week's forecast? 1) "The SPX should bottom out soon, or has already bottomed out, for green W-a and should start the countertrend rally/bounce labeled green W-b to ideally $4020+/-20." It did just that, and we even got 4100—a 60p bonus for those who longed that bounce (I did!). Then 2) "Corrections always move in three waves; after W-b, the index should produce the next leg lower labeled green W-c. Depending on where exactly the W-b tops and the extension of the W-c, I anticipated a low at ideally $3730-3870." It did just that, topped for W-b, and is now in W-c and already at $3880. Thus how can that be contrarian? How can that be wrong? How can that be a "predict a bottom 93 handles below where we are today after the big moves happened." when I clearly found that was the primary path already LAST week? Oh well, never mind... Moving on... Good luck!

 thanks, Murray. It is sad to see the toxic mental state of affairs many people are in. I don't know what to say or reply other than to report him as offensive, and hopefully, Investing.com will take his comments down. thanks, Murray. It is sad to see the toxic mental state of affairs many people are in. I don't know what to say or reply other than to report him as offensive, and hopefully, Investing.com will take his comments down.

Thank you!

Thank you.

Being wrong is acceptable, but staying wrong is totally unacceptable.Jack Schwager.

No that is not what I was saying. What I say is thst my preffered view was and is for lower. But that view is only wrong if we see a breakout. Big difference! Otherwise I would say “it might go up or down”. But I never say or said that. It be a useless statement.

Still living in the past, just cannot let it go. Must be impossible for anyone to live with you because you will continue to point out to all others around you they were wrong whatever long ago and will not let that go but keep hammering that home. Does that mean I am wrong now too, and will always be wrong? Of course not. Focus on what is now. I have already said a thousand times that assessment was incorrect. Move on, or shut up.

thank you! So far the Bulls got there first warning by the index dipping below 4034...

good point!

Again, it has nothing to do with me being wrong or right. I couldn't care less about that. This is not about my ego. This is only about understanding the market's next likely move. Please see my comment to Larry Li below...

That is indeed very helpful. So you know the path. What more would you want to know? Isn’t that exactly what we want to know all the time!?!

Depends on your time frame.

Correct. You miss the big picture: this is a super cycle IV bear market.

you are welcome

you are welcome

Based on the average price pattern for a mid-term election year for a democratic president: in late November, to early December.

thank you and agree

Thank you. I expect W-c of W-B to last several months, well into 2023

Thank you!

Thank you!

Thank you. That is possible

Possible

Thank you!

Don't ask me why, but the editors decided to delete the last sentence of the article I sent in, which stated  "Note my index-related updates will slow down significantly for the remainder of the year. My focus is shifting toward the completion of converting my successful Crypto- and ETF trading alerts services into fully automated trading algorithms."  I wish you all good luck for the rest of the year, and if you want to get access to my work, you know where to find me.