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Strategies & Market Trends : Elliott Wave and Index Trends with POKERSAM

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To: Jack of All Trades who wrote (1319)11/30/2022 8:03:03 PM
From: POKERSAM  Read Replies (1) of 1764
 
I did not believe we would reach 4065 or higher to complete this wave [B ] but we did. The knee jerk overreaction to the Fed. speak accomplished it. If this really signals a pivot by the Fed the decline to my target is even more assured. Every time in the last 60 years that the Fed has pivoted from raising rates or ceasing to raise rates the market has plunged. See the Dot Com top and the 07 top and the 20 top for a few.
No one believes this but it is true. The charts prove it. The opposite is a myth believed by almost everyone.

So, the inevitable decline to 2200-2400 has been delayed a little, but just a little.

Yes, I am serious. lol
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