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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (169186)3/2/2022 11:40:51 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 218451
 
You may be right, who knows...

Today could be just another bear bounce and we'll see another hard down day again tomorrow...

GZ



To: yard_man who wrote (169186)3/2/2022 11:43:03 AM
From: northam2 Recommendations

Recommended By
da_spot
GROUND ZERO™

  Read Replies (1) | Respond to of 218451
 
Yes, that could be very likely if we get a new Daily Bull Cycle before the close on Friday.

The Daily is getting very close to it right now, if the SPX gets above 4403/4405 level a new Daily Bull Cycle could get confirmed (which would reset the Bear projections lower and negate the extreme overdue Daily Bear Super Cycle) and then the SPX could immediately drop back into another Bear Cycle tomorrow.

The extreme overdue Daily Bear Super Cycle (D-SC-1) projections would then be a lot lower, possibly in the range of 3955 down to 3720 (which is the Weekly Extend Bear Cycle Projection)

So I would really like to see this Daily Bear Cycle continue to the close on Friday.



To: yard_man who wrote (169186)3/2/2022 11:56:29 AM
From: Cyrus1 Recommendation

Recommended By
isopatch

  Respond to of 218451
 
BTU cup and handle breakout on the weekly. Coal spot up $99.