SPX - Could this be it?

20 Mar 2020

Fundamentals will change if this is it. Expecting fear to subside starting next week and strongly after March 29th.

However technically, if the correction was ABC, then this could be it.. least risky way could buying options/call

20 Mar 2020

Not

21 Mar 2020

Not

Alternate view could be this is just start of Wave iv , and Wave V is due

26 Mar 2020

Not

38.2 retraced. Closed 50% and waiting (hopefully) for 0.5 to be met.

9 Nis 2020

Not

So Far on track..


Alternative to this - Alt view will be if this move to upside is W(2), then we will have much much lower levels on SPX in the coming months. Will update later based on where this rally stops..

16 Nis 2020

Not

Now we have a reason to believe we have seen the top in this counter trend rally.

we should go down--

19 Nis 2020

Not

Futures are showing a better count then cash market. So switching over to it.


It seems that we are in Wave 2 retracement (a,b,c) - In such a case, we should hold at 618 levels. If we do, then we are looking at much deeper levels to come.

However, if we cross 90% retracement of the last fall, then it will be counted as B, so C will equal to A ( at least ).. Lets see where this stops...

13 May 2020

Not

heading to crazy times? has it begun?

21 May 2020

Not

11 Haz 2020

Not

11 Haz 2020

Not

7 Eyl 2020

Not

Island reversal as shown previously didn't mature and we saw all time highs. This now gives a better view and it can be said that we have or we AT the TOP of major market cycles.

11 Eyl 2020

Not

PE ratio for S&P is around 30x
what else do you need now?