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Strategies & Market Trends : Humble1 and Swing Trading Friends

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humble1
To: bob_o who wrote (40816)6/25/2025 7:35:11 AM
From: bob_o1 Recommendation   of 41020
 
It looks like we may have completed 5 waves up on the 5-minute chart from Monday’s low. If we don’t get some kind of pullback from yesterday’s high, it may be that the ’87 analogy is no longer projecting any turn dates. But just in case the markets do start to pull back today and the ’87 analogy continues to play out, here’s a list of the (at least approximate) turn dates that it would generate:

10/21-22/87H – 6/24/25H
10/28/87L – 7/8/25L
11/6/87H – 7/28/25H
11/20/87L – 8/27/25L
11/25/87H – 9/7/25H
12/4/87L – 9/27/25L

Again, I have no idea whether this analogy will continue to produce accurate market turns, and even if it does, at what relative levels those highs and lows may occur. So take it all FWIW.
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