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Strategies & Market Trends : Elliott Wave and Index Trends with POKERSAM
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To: POKERSAM who wrote (1371)3/10/2023 5:36:28 PM
From: POKERSAM2 Recommendations

Recommended By
GROUND ZERO™
Ms. Baby Boomer

  Read Replies (1) of 1781
 
Has anyone noticed that at today's low we were less than one point from being down 350 S&P points from the last high of 4195. Was that the last low for this correction? The answer is no.
This decline will not stop till we reach about 2012. Yes, we will have bounces along the way. The decline will be orderly and follow EWP rules and guidelines for a five-wave impulse from 4195 to the downside.
As usual those with a constant bullish bias will fight the tape, the Fed., the economy, and the market all the way to the bottom. They will never give up a new bull market and they will call a new bear market bottom at every bounce. They will continue to do exactly what they have done since Jan. 2022 at 4818.
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