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 : CFZ E-Wiggle Workspace
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: kckip who wrote (40959)4/22/2025 9:22:05 PM
From: skinowski3 Recommendations

Recommended By
Alan Smithee
kckip
robert b furman

   of 41420
 
Right now, we are sitting on ~0.618 retrace out of the Oct 23 low, 0.50 retrace out of the Oct 2022 low, and less than 0.382 out of the Mar 2020 low. Markets are definitely correcting an impulse wave at significant degree, but it is far from clear at what degree.
I think it is correcting the entire bull move since the 2022 low.

Hopefully, not something larger, like the 2009 rally… lol.

We'll see what happens. The action today, plus the (likely) nice gap tomorrow… are beginning to look like a wave 3 up. Could, of course, prove to be a C. But, if it can close the month above the 200 dma and the 8 and 12 month ma’s - that would be serious bullish evidence. A show of strength.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News