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Strategies & Market Trends : Humble1 and Swing Trading Friends

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To: Tweets Boar Hog who wrote (39221)7/25/2023 1:48:44 PM
From: Tweets Boar Hog  Read Replies (1) of 41375
 
Took a re look.

I do show something on 7/28 but looks to be of a more minor thing. Then the one on 8/3 looks more probable as something of more significance. There is always subjectivity involved.

Remember last one was 7/19 to 7/20, which we can see in hindsight was a local turn/high, not a major one.

Post 8/3 we hit a dead stretch in my astro afa good turns. Later on there are some, but at this point it looks more like a undirectional move maybe into late Oct. from 8/3. We have mentioned some dates around late Oct.

Seasonality is turning towards the negative here, heavily so, we all realize that. Sometimes it goes opposite.

Imho if no turn by 8/3 the bears case is dead for a spell. Otoh if we get a turn, it will probably be the opposite. Crucial both ways.

Tweets

Vix daily has stabilized, bottom unconfirmed. Weekly still pointed down. Keep a close eye on the vix. If we turn down in the indices a Vix play here should be very good.



This wave in the Spx started 1st week of May. I have a Tweets fib thing ~ 4600. So a target area for me at the moment.

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