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 : Humble1 and Swing Trading Friends
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: bob_o8/14/2025 9:36:45 AM
1 Recommendation

Recommended By
humble1

   of 41014
 
My preferred S&P wave count label for the low on 4/21 is the “orthodox” low of wave A of 4. If Wave B off of that low breaks down into an a-b-c pattern, then the move from 4/7 to 5/19 of 867.58 points would be the a-wave. If the low on 6/23 was the b-wave low, then the c-wave move from that low of 5943.23 to yesterday’s high of 6480.28 would be c = 0.619 x a.

We’ll see if the negative effect of the surprise PPI numbers will persist and finally give us the relief needed from some very technically overbought readings. If my preferred wave count is correct, and the B-wave high is complete, we should see a retest of the April lows in the next few months.
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