TOP WAVE STRUCTURE If we dont NOT break the last low within 24 hrs Then I would look for the sp to then rally now into the target zone 4617/4676 before oct is over . As most traders who follow me over the last 40 some years . I almost never say maybe . But this window of time we are in is one of the highest risk time cycles since 1987 . based on my money velocity model
SP
Target projection 4088 TO 4065 focus 4065 downside targets into the panic cycle of oct 4 to oct 20 focus date is oct 16 For world event . this target is the BULLISH CASE the alt need not be posted till oct 8 stay out in cash at 100 % i am only hold a small 5% of dec calls still long US $ AND BITCOIN but will take 80% of long bitcoin off above 49300. best of trades Wavetimer
SP500 ready for ath? 🦐SP500 after last week's retracement is now back pushing at the resistance level near to the market all-time high.
The price is consolidating below the structure and according to Plancton's strategy if the market will break above we will set a nice long order.
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Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
WAIT TO BUYWait for this daily small correction to previous resistance to buy. As we can see on the graph, there is a shoulder head shoulder pattern in an ascending trendline, which is a very bullish sign.
4459 in Time . SP 500 3910 SP
4459 is first fib extension. Assuming the bounce from the .7 was enough to drive it there. Otherwise a retest of 3598 to 3398 is possible, with or without 4459.
Fundamentally, what the hell is going on in this world? Nothing makes sense. We're living in San Cliche. Up is down and left is right. Water still runs, follow the water. Looking at this as if it was a penny stonk, this looks bullish to me. So I'd be looking to hold and sell calls when nervous.
SP500 & Channel.As you can see on these charts-the price is once again beating the channel resistance (purple dotted line). Perhaps the price will have to adjust to the level of $1950, equal to the Fibonacci correction of 0.618%. There is another more positive and desirable scenario for everyone - if there is very good news, the price will be able to gain a foothold above the purple line and go even higher-up to the pink dotted line.
SP 500 STILL ON TARGET 3948 4050 WAVE 5 PEAK FEB 9 I am st a 75 % net long from last weeks post .AND HAVE REMAINED NET LONG Long call in CAT DE SPY AND NOW IYT DOW TRANS ONLY AS WELL AS NET LONG US$ still from 89.50 to 89.75 as Well has net long inTLT 158.50 and added at 151.50 I also caught the low in BITCOIN AT 29500 i HAVE SOLD THAT OUT AT 36000. I will post details weekly wave count this weekend in all markets a new world wide event is very near
SP500 a short term outlook 🦐SP500 after the hitting the 3650 area couldn't create new highs.
The price is now moving to the lower trendline of the ascending channel.
IF the price will break and close below the structure and consequently break the trendline we can set a short order according to Plancton's strategy.
–––––
Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.