Sintar123
Everything until now is so similar to 2008-2011 except in a smaller timeframe it feels like a simulation. This is an expanded flat that is being completed, that will be followed by a move down.
This is a chart of VIX, APT, and AHPI. APT and AHPI along with other COVID stocks spiked at the same time as the VIX last year in Jan, and Feb. Now they have all dropped and have gone sideways. If this relationship is still intact, expect one more spike in all three.
Look back to 2009-2011 to see where we are! The 2020 correction was a mini 2008 crash. Everything that follows should be similar in a smaller timeframe. Don't be fooled by the labor market. People will come back to work, we haven't reached the point where money is worthless. Those extremes will come, not yet though.
This trendline for the VXX has been holding the VXX in a downtrend from 2010-2020 (look at all the trendline tests from prior to 2020) until we broke it and had a big crash in Feb-March 2020. Now we are back-testing it and I am expecting a reaction for the VXX. VXX should go up and SPX down in the next 1-2 months. Look at my previous post on TVIX back in February...
Pattern looks similar to Jan/Feb 2020. We just need a break of 4000 for confirmation. Can also make one more high. Either case we are near the end
Still waiting for one last spike! Ideally this will be time-locked with the VIX like back in Jan-Feb of last year
This is another projection which shows simple ABC expanded flat correction taking place. We went down in 3 waves and now up in 3 waves and should come down in 5 waves. The important thing to note is we are going down and should top at the latest the end of the month.
This is a possible projection. It is an expanding diagonal. I am expecting a drop to start any day now.
This is a long-term EW count. Based on this 2020 was a major top indicating Cycle wave III completion. This also checks out with Fib measurements. Based on Cycle Wave II being a zigzag back in 1936-1942 we should expect a flat correction or expanded flat correction to take place now for Cycle Wave IV. The crash wave in Feb-March of 2020 may have been only wave a...
Bottom, bottom-top analysis. Looking for a quick sharp shallow correction followed by one more top before we actually start crashing. EW pattern is best identified as a expanded flat.
SPX 6000 by 2023. The angle of ascent is close to 70 degrees. This is very rare and almost unprecedented. When the angle gets to 80 degrees or greater then look for a big crash to follow. The last time the angle of ascent was greater than 80 degrees was right before the 1929 crash.
Be prepared for anything the next few months. The last time this happened was in the 1970s. Buckle up!, alot of greed needs to be purged.
Like APT, SPX is in a complex correction. This looks a lot cleaner in the VIX. Depending on final wave if it is 1 or 3 waves it could be a C wave and the whole thing will be a ABC expanded flat, with B being complex WXY. I am expecting top in summertime topping in June or July. Expecting a crash wave lasting appx 1 month.
Since the Feb peak in 2020 we have been making 3 wave corrective sequences labelled WXY. We are currently in the midst of wave Y. There is nothing to indicate this next wave we are in isn't going to be a 3 wave move. As such, I expect resistance at the downtrend line to complete wave b of Y. We are also in a triangle. SInce this is a complex correction, there is...
Maybe the triangle is complete. Very similar to 1970s correction. I think we will have one more drop before blast off. Target is 6000+ on SPX.
This is a possible count I have been thinking about. The only thing I don't like about it is that wave 2 and 4 both are flats. But if you consider the 18-20' correction to be one big expanded flat it makes the most sense. The C wave in the 20' correction is really hard to count and it is hard to say if it is a 3 or 5 waves but if we are to say that the 08...
Everything from 2000 onwards may just be a B wave or 4th wave. Something to consider