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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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To: Jacob Snyder who wrote (75157)12/23/2022 2:49:41 PM
From: catou13 Recommendations

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Lou Weed
The Ox
towerdog

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SPX= 3195 I don't believe in long term analyses or `predictions', too many events could happen. I use long term charts for support and resistance. I will share my 2 weekly charts SPX and QQQ that I draw few months ago.
SPX could retrace to .618 ( 3195) where there is a support line. If break down then 2020 March low will be the next target because that's the crab target :) . So, for 2023 I think 3195 could be the bottom.


QQQ weekly chart, I see a Head and shoulders. I don't know if it's a perfect one, Ajtj could confirm. The target is 222-225. Below that, I think it could complete the crab to 125.
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