Please keep in mind we may still be in a bat pattern, so be careful.
However, if we're in a classic bull trap where the high is in and we're just in a retracement; this should be the high about now.
If this is the high, typically the following swings are quite easy to map since they relate to the previous ones.
With our current ATH and retracement high, this is my estimate of levels for a full break.
However, if we're in a classic bull trap where the high is in and we're just in a retracement; this should be the high about now.
If this is the high, typically the following swings are quite easy to map since they relate to the previous ones.
With our current ATH and retracement high, this is my estimate of levels for a full break.
Note
This looks a lot more likely now.Note
We may now be in the first big decline.
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.