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Strategies & Market Trends : Humble1 and Swing Trading Friends
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To: humble1 who wrote (38799)4/8/2023 10:56:35 PM
From: Tweets Boar Hog1 Recommendation

Recommended By
humble1

   of 41038
 
Humble, possible unfinished business here too?

Commercial real estate is headed for a crisis worse than 2008, Morgan Stanley analysts say

finance.yahoo.com

This follows a tweet by Elon, a couple weeks back, re the same issue.

deseret.com

Tweets

I have the $IXM in a C down. Early stages unless it does a miraculous save here. The B top was a near perfect 18 mos cycle high off the Oct. 2021 high, and a 2X 18 mos cycle top off the early 2020 high. What one can expect to follow is an 18 mos cycle low. Near term we have a possibility for a low in about July, off the 2019 low. And note that would be almost exactly 9 mos off the last Oct low. If things really get nasty the next big one is further out. If length of C = A, a 78 % retrace gets hit.
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