SPY - Winter is coming
מעודכן
Looks like wave 4 correction is over. If this is the case we will not close over the lows of late 2021 where I put a 1. The actual low is not always the close as there is a b or wave 2 correction that sometimes extends above/below the last wave. (Big money taking out stop losses) So somewhere around 453 is my estimate from fib extension.
This would confirm we are still in correction wave A and moving to Wave 5. This is many times a violent move. Looking back at 2008/2009 would confirm a swift move down.
Wave B following wave 5 could bring us back to test ATH (May-June maybe) Although B could also be short.
Should be fun. I think we bottom late 2022. Maybe Elon has been telling us 12/9 is date for bottom.
On the other hand I have seen some very bullish options on Tesla which has thrown me off but a single stock could still pump while overall market dumps.
This would confirm we are still in correction wave A and moving to Wave 5. This is many times a violent move. Looking back at 2008/2009 would confirm a swift move down.
Wave B following wave 5 could bring us back to test ATH (May-June maybe) Although B could also be short.
Should be fun. I think we bottom late 2022. Maybe Elon has been telling us 12/9 is date for bottom.
On the other hand I have seen some very bullish options on Tesla which has thrown me off but a single stock could still pump while overall market dumps.
הערה
I realize this is ES mini futures and not SPY
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.