I first joined this site under the "HoleyProfit" username in 2021 to give my warnings of potential bear markets. Obvious bear setups forming in the meme mania and I also though this would extend into the indices given a bit of time.
I was a bit early on the indices but over the following months all the tops were made and the drops came to pass.
Late 2022 I began to pivot back to bull when there was signs of bear trend failure and by early 2023 I was fully in the bull camp.
At the time I started to talk about a blow off top move. One which was exactly similar in size and style as the 2021 rally but the angle of the rally for a bit sharper.
This would have predicted a parabolic run to somewhere around 6000 - which has since come to pass.
Read the original post below.
If my thesis that we were heading into a giant D leg was correct, then that would mean we have a top made.
And we'd enter into super ugly market conditions over the coming months.
I was a bit early on the indices but over the following months all the tops were made and the drops came to pass.
Late 2022 I began to pivot back to bull when there was signs of bear trend failure and by early 2023 I was fully in the bull camp.
At the time I started to talk about a blow off top move. One which was exactly similar in size and style as the 2021 rally but the angle of the rally for a bit sharper.
This would have predicted a parabolic run to somewhere around 6000 - which has since come to pass.
Read the original post below.
If my thesis that we were heading into a giant D leg was correct, then that would mean we have a top made.
And we'd enter into super ugly market conditions over the coming months.
We may be inside of a crash event to 3000 in SPX.
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
We may be inside of a crash event to 3000 in SPX.
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.