SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : TRIPLE TRADES
OPEN 8.230+3.0%3:35 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: yard_man who wrote (2893)2/1/2023 11:39:11 AM
From: Bull RidaH  Read Replies (4) of 4397
 
SPX - Here’s a BIG BLING BLING for you to think about.

Massive Diamond formation wrapping up on the SPX. Entered the Diamond first week of May last year, so if it exits now, will be 9 full months (sure felt like it was pregnant with something), which will result in a 4.5 month power move in the direction of the break. Haven’t seen one this large since the 2000 high, and that 1 broke out up, before reversing into a career-making decline. Expecting a repeat here, with a new ATH targeted at 4847 in the SPX before the reversal sets in. I know you wanted a crash right away, but looks like you’ll have to wait til late summer/fall. <g>

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext