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


To: POKERSAM who wrote (15113)1/11/2023 10:18:09 PM
From: Kirk ©1 Recommendation

Recommended By
Sr K

  Read Replies (2) | Respond to of 26437
 
Futures hit 3992.50... gonna be tight.



To: POKERSAM who wrote (15113)1/12/2023 10:45:27 AM
From: Kirk ©3 Recommendations

Recommended By
Return to Sender
Robert O
Sr K

  Respond to of 26437
 
Quite a battle at your "4000 won't be hit" level and the 200-dma.

If you are correct, this will be one of the best top calls here on SI in some time.

If wrong, not to worry as you'll join a long list of overconfident tarot card readers. <grin>

Funny how on the way up after the pandemic low, it never got close to the 200-dma... but for roughly the past year, it has acted as a lid.
.



To: POKERSAM who wrote (15113)1/13/2023 4:15:27 PM
From: Kirk ©2 Recommendations

Recommended By
Mongo2116
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  Read Replies (2) | Respond to of 26437
 
Well, time to crank up a new model... SPX "saw" over 4,000 today.
Yes, I do.

or is it called "an alternate count?" I'm still a novice at understanding eWave.

FWIW, I'm now seeing 4225 as next target unless that dashed green iH&S neckline is broken from above after ALREADY surviving a test from above. Longer term, even higher (blue target)

AND if it breaks 4115 without a major pullback, then the next iH&S is way off the chart.
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