Dec 6, 2025
Update
Now the move looks like impulse and you can see it bullish another leg up has started or bearish corrective pattern has been completed(SPXEW shows it more clear the charts below).
In both cases I think FOMC will be a high then lower before Christmas and higher for the holidays. The size of this moves will give us more clarity.
The last move up looks like impulse now and it could be 1 or c flat correction.
SPXEW bullish - wave 1/c after completed w-x-y/b.
What bothers me with the bullish case is if we have 40w low why did not we see fear - market breadth indicators just hovering in the middle of their ranges.
SPXEW bearish - flat correction completing x-wave with y/b to follow.
so now we are all bullish to the moon at 8000!!!!????
ReplyDeleteNo
DeleteNo more correction in Dec and up in 1Q and then crash…correction to 4000? Had turned to move up….if someone did the opposite of these corrections call would have been up with the sheeple….
ReplyDeleteMaybe or maybe not there is second chart have seen it?.... Crashes occur at the end not at the beginning.
DeleteWhat about DAX? Another ATH in Q1?
ReplyDeleteThe pattern is not clear.
DeleteEU50 looks done https://invst.ly/1drr0w - clear two impulses for zig-zag a-b-c , Fibo measurement perfect hit, trend line hit, double RSI divergence weekly.... nothing bullish
DeleteMaybe this, but it is very rare pattern - https://invst.ly/1drr4g
DeleteI think the yaxis scale is wrong by 1000
ReplyDeleteThis is SPXEW not SPX
DeleteWhy do you say there was no fear? Bitcoin fear and greed index was in single digits. RSI was one of the lowest in recent times..
ReplyDeleteSimilar readings (not RSI though) for the stock market as well.
How do you measure fear?
Where do you see bitcoin analysis?
DeleteCoinmarketcap Fear and Greed index
DeleteI mean I do not analyze bitcoin.
Delete6920 was the top
ReplyDeleteIf not 6970 will be the top
ReplyDeletecan you show SPX rather than SPXEW for consistency sake.
ReplyDeleteIt shows better the idea that is why SPXEW
Deletewhat did I say again! spx up 50 handles. no worries at all. just buy long, anyhow buy anyhow make money. why plot so much chart yet nothing crash!!!
ReplyDeleteAn now 70 handles lower - just another idiot....
DeleteWhat were you saying dumbass?
Deletedown 70 handles, how up again 70 handles and more, 6920!
DeleteThe same you are a dumbass....
DeleteAnd now 6820 so what.....
DeletePerhaps we saw wave 5 of c or 1 on that push higher before Powell's speach.
ReplyDeleteNope, it made another high instead :)
Deletethe technicals are bearish. I personally would love to see a pop above the highs and then a strong reversal once the stops are taken out. CNBC will have it's on air holiday party ruined.
ReplyDeletelet be real here. the macro move now is to the next peak 6920, and if there is a drop, there will be a handle formed at trough 6700ish. followed by a super rally blow off to god knows where. your count is totally invalid here.
ReplyDeleteThe blow off is over now it is topping.
DeleteThe sheeple is hyperventilating on a high as usual.....
ReplyDelete