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Strategies & Market Trends : Humble1 and Swing Trading Friends

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To: bob_o who wrote (41177)	12/20/2025 10:08:12 AM
From: bob_o	Read Replies (1) of 41197

I hadn’t planned on doing any shorter-term trading after taking a small long position in the S&P on 12/17, but after seeing the breadth fade toward the end of the day yesterday, I decided to exit that position near the close. And after looking at all my technical indicators this morning, I think now there’s a very good possibility that, if the high on 12/11 was wave b-of-4 top, the 12/17 low would be wave i of c of 4. That would make the high on Friday (or maybe the open on Monday) wave ii of c of 4. If that’s right, it would project a very important wave 4 low – probably in early January. A very strong open on Monday (up ~20+ points) would likely invalidate that, but a nearly unchanged or down open would force me to put my short positions back on for a fairly sharp move down to a wave iii-of-c low just before or shortly after Christmas. iv and v to follow into the first half of January.

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