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Strategies & Market Trends : TRIPLE TRADES -- Ignore unavailable to you. Want to Upgrade?

To: Tweets Boar Hog who wrote (2693)	9/22/2022 4:15:28 AM
From: Bull RidaH	Respond to of 4446

“If this holds it is extremely bullish.” Nice to hear momentum indicators will provide bullish convergence as the market reverses higher. Upon a post-mortem analysis of the (Nov-Jan) topping pattern and its resulting crash/splash down, calculations generated a 3672 SPX final low target. That number was obviously pierced through by 36 points in June thanks to the 5 point megaphone pattern in play Message 33884183, followed by a 19% rally to 4325. I view the current decline as a retest of 3672, and I expect it to halt the decline THIS TIME. I see no other current patterns/projections that mandate deeper probes, and a BOTTOM off 3672 would REALLY ring the bell for fulfillment of the most important chart pattern in the last year. We’ll deal with upside projections once that 4325 peak is surpassed.