ES1! If $3882 Was The Bottom

9 thg 9, 2022

This is my alternative count. My previous analysis was invalid because the bottom formation at 0.618 fib retracement. I thought it would go lower but I was wrong. In this case if the bottom at $3882 was in, I think the next the target could be $4500 in November. We have a midterm election this year. I would wait for a pull back and find an entry to go long.

9 thg 9, 2022

Ghi chú

9 thg 9, 2022

Ghi chú

There is a resistance at $4112 but nature of ending diagonal is coming back to where it started which is $4220. Let's see it is possible.

13 thg 9, 2022

Ghi chú

We couldn't reach $4200 but $4174 is close enough. Next, pay attention at $3800. We might have a RSI divergence right there. Luckily I closed SPY and Apple calls yesterday. Good lucky all.

17 thg 9, 2022

Ghi chú

I started buying since last Thursday and will keep buying next week. Good luck all.

17 thg 9, 2022

Ghi chú

DXY still look bearish. Good for the market. If DXY breaks above $111, we may break the bull case plan.

17 thg 9, 2022

Ghi chú

If anybody curious why we have a double divergence on DXY, it's because there is 5 sub-waves inside of Wave 3, so we needed a double divergence in order to complete the Wave 3. I think Wave 4 would hold around $103-104. This is when we are going to short the market.

26 thg 9, 2022

Ghi chú

Bears tried so hard to break the formation of leading diagonal. Let's see if it holds $3662. It would be bullish if it does.

28 thg 9, 2022

Ghi chú

Ending Diagonal. My favorite play but who woke up at midnight to enter this entry? Now it's up 50 points. What an opportunity.

28 thg 9, 2022

Ghi chú

Impressive of the ending diagonal, going to 2.618 maybe and then retrace from there

30 thg 9, 2022

Ghi chú

found something interesting. We may reach to $3500 levels on SPX

4 thg 10, 2022

Ghi chú

On SPX if we bottomed at $5858 and if this is an ending diagonal, we are looking for $4118.

4 thg 10, 2022

Ghi chú

We also have bearish divergence. It will retrace soon. If SPX can hold $3719, it's good to go long.


DXY is dumping. Looking for a retracement to $113 then heading to $104.

4 thg 10, 2022

Ghi chú

This will squeeze all of the mothers of bears if this plays out. Nobody seems bullish at the moment.