Simplicity could work wonders sometimes in markets as this index approaches important trend resistance and time cycle completion of the intra year uptrend
Make or break for the bear case at least for the time being
Fractals tend to repeat as well as math. Same extension level, same problems
VIX is about to die as I see it...and then resurrects like the Undertaker at Wrestlemania :)
Liquidity is everything and as we know since 2012 sharper corrections morph into sideways consolidations and wave extensions
Next months is the first month for potential downside reversal based on my prop cyclical indicators as bulls are running out of time and space
Seems more and more like start of 2022 but inverted
Bulls and bears will duke it out this month. If this is correct March could be bloody
Seems ready to explode higher at some point in December into 1Q23
It has not been a bad year for the old Dow..old people are wise and have no tech :).
Secular shift is still early. Likely higher low/RS in summer
So far it has followed the 2009/2011 recovery fractal very well
Santa Claus may come a bit earlier this year but really squeeze feeling is there
The rumours of the dollar demise are likely to be greatly exaggerated
Garden Variety decline for Apple, just to 200 wma. It will pull back hust to 2020 which seems not enough but we take it as it goes
Red Bull Scenario....Meaning Bulls in Red into the summer