Long

SPX 1W

Updated

test

Note

Today let me preface that we have done remarkably well in predicting the spx and dji with such accuracy that I was able to achieve 100x my initial investment. Fact -- It does not mean that I can't be wrong the next time. But it's 100% and I can't ask for more. We began in 2019 where I issued a warning that the stock market was unsustainably going to crash. I used the word crash, because wave IV was impulsive due to wave 5 ending the running flat correction of wave (B). Unlike A-B-C corrections there was no wave B to come 100% to mean of the top or even .236 retrace. It was straight down. What did I do? I counted the waves and wave 1 was the same length of wave 5 with 3 being extended. I'm doing the same thing today with you, but we're just looking at potholes in the road. In this full bull model we are in wave B of 5 of (3) of (5) of V. Now you can get the inception reference. Wave (5) of ((5)) of (iii) is $4694.9. Sky will fall then.
So in the interim we're looking at wave 5 of concentric 3rd of 3rd of 3rd. Support is 3709 or height without tail of wave 1. Look for invalidation if price can cross below that, which according to what I have in front of us, isn't possible on the bull model count I have. In short...there's no reason to sell anything and only buy from my perspective. Our swing plays are 6-12 months. Don't get caught trying to best the market catching knives that don't exist.

Note

So here we are correct on the averages but the individual equities do not represent what is going on at the moment. In fact it's been nothing short of stagnant. So I have reduced my positions across the board by 75% or more.

Trade closed manually

TheCryptoChartWhisperer

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