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


To: GROUND ZERO™ who wrote (174943)5/30/2022 6:58:52 AM
From: Mongo21162 Recommendations

Recommended By
#Breeze
GROUND ZERO™

  Read Replies (1) | Respond to of 220439
 
good question!!



To: GROUND ZERO™ who wrote (174943)5/30/2022 3:02:37 PM
From: Mevis3 Recommendations

Recommended By
codfish23
GROUND ZERO™
Hawkmoon

  Read Replies (1) | Respond to of 220439
 
if I may, IMO.....ES needs to break and consolidate above 4310 for me to erase the doom and gloom summer-fall scenario of sub 36/3700



To: GROUND ZERO™ who wrote (174943)5/30/2022 5:38:03 PM
From: POKERSAM2 Recommendations

Recommended By
GROUND ZERO™
Hawkmoon

  Read Replies (2) | Respond to of 220439
 
First some thoughts.
The HERD seems to think there is a TREND change in the works. The correction is over and it up to new ATHs. You need to have a really good reason to make a bold call like that.
EVERY bounce since the 4818 top has been resolved to the downside. Many folks are saying, " AWW but this time is different." Why do you say that? You better have a really good reason to make that call.
I have not seen any good reason to make a difficult and extraordinary call like that.
I guess at this point I am kind of old school. I believe the market will continue to do just what it has been doing until it stops. I just see no reason to think that it has stopped.

Questions for everyone: How many final bottoms have you called since this correction began at 4818? How does that number compare to the number of times you were correct, which is 0?
How many bounces have you called on their way to new ATHs? How does that number compare to the times you were correct, which is 0?

I know, I know. This time is different. This time it is real. You have a strong feeling about this one.

Well, we will see. My last target was 3800 and we hit 3810. My new target is 3400.

This last launch from 3810 looks like a C or Y wave of an expanded flat wave two.
Wave C gets em every time.
The extensive EWP rules and guidelines apply to the wave Y or C. We are not close to breaking any rules.
I will say that we find ourselves at the most common end for a wave Y of an expanded flat.
All needs such as 3-3-3 sub waves have been met nicely.