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Strategies & Market Trends : Humble1 and Swing Trading Friends

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To: POKERSAM who wrote (39556)	10/5/2023 2:09:11 AM
From: humble1	Read Replies (1) of 41114

Several bull scenarios in play. Need to see how SPX acts as the 10 year plunges from here, which I think it might. Tonight it is down near 4.70. Quite a reversal from the 4.88 spike high two days ago. Tomorrow’s jobs report could be an inflection point. OIL has had a big reversal too! Watching to hear FOMC hints that QT is done and that they will halt the roll off of treasuries and the MBS portfolio besides stopping FF hikes. The 8% 30 year mortgage headlines should have scared them. As well as the budget turmoil. The inflation run rate is already below 3% and rents are declining. A big lagging indicator. How the housing part of inflation is determined. U Turn from inflation to deflation could be a whiplash. This is the possible turning point we have right now. My fave scenario is that all this is a developing story. I need a couple of BIG updays - Whaley Thrust Days - to be convinced. WATCH the $$$! 9/1/23->10/3/23=4X8=32=.618(1/3/22->2/24/22=4x13=52) and the 3 X 23 1:2 split from 7/26 is easy to see. ATH’s should come very quickly IF my fave scenario is in play. 12/9 is one date; 12/28 another. A failure to launch soon negates this “fave bull scenario.” No time to edit, Good luck!

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