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To: skinowski who wrote (40323)8/5/2024 8:42:05 AM
From: Jack of All Trades3 Recommendations

Recommended By
kckip
pedro_deleon
skinowski

  Read Replies (1) | Respond to of 41469
 
Ski,

Have been watching the Squeeze data?

One concern on the down last week was the GEX it had failed to go negative signaling a reason to expect more.

Based on today I'm sure it finally will, now will be a waiting game to see how deep and how long.

JMO



To: skinowski who wrote (40323)8/5/2024 9:01:29 AM
From: robert b furman1 Recommendation

Recommended By
skinowski

  Respond to of 41469
 
Hi Ski,

Breeze did call the end of the Impulsive wave last Wednesday or Thursday,

He's watching for a :

SPX fib retrace of 38.2% to 4958.94 with a gap to fill on the way down 5073.21 .

SPY fib retrace of 38.2% to 494.66.

SOX fib retrace of 50% to 4399.67 or 61.8% to4038.08 with a gap at 4133.02.

He has been a wonderfully accurate student of fib retraces during different degree waves.

Thank you for your response. You and Breeze are my two go to guys on a morning like this.

In volatility lies opportunity, but calm minds always do better.

I'm practicing patience and counting waves.

The speed of which this has declined makes it a bit special.

Clx studies activated a bottomspotter after Thursday's price action. The warning of a market change has been on for 8 days not counting today. that's the usual minimum and 12 days is medium term where 30 days is a long decline.

Thanks again for the response SKI!

Bob