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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: POKERSAM who wrote (14671)10/18/2022 10:27:10 AM
From: Kirk ©  Respond to of 26428
 
With the high for this rally at 3762.79, you think it is over.
This is still my position. Today is just the [c] of Y of (4). The last of this rally.

So you don't think iH&S patterns are powerful?

This one targets just below 4000.

IF SPX fills today's gap, then this iH&S is invalidated .

But... a 50% retrace of the gap to test the line from above would be extremely bullish...

so we should know soon...




To: POKERSAM who wrote (14671)10/25/2022 12:03:22 PM
From: Kirk ©  Read Replies (2) | Respond to of 26428
 
Well, have you adjusted your position as the rally has continued
Message #14671 from POKERSAM at 10/18/2022 10:22:50 AM

This is still my position. Today is just the [c] of Y of (4). The last of this rally.
10/17/2022 12:37:20 PM

This is hardly more than a 280 point rally. The downside from this rally could be horrendous.

4000 will not be seen in 2023.
and now my iH&S arrow targets 4,000 plus?

Maybe we'll see 4,000 in 2022...
.