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


To: POKERSAM who wrote (3861)8/16/2024 11:46:35 AM
From: Bull RidaH2 Recommendations

Recommended By
re3
yard_man

  Read Replies (2) | Respond to of 4394
 
I've got NVDA going to the 135 area minimum on a trend based fib extension move, with valid bigger picture targets still active at 153. If that supercap rises 10% from here... will surely pull some of the others (APPL & MSFT) a few percent with it. SPX is only a 2.6% rise from new highs, and the invalidation of a current wave 2 bounce thesis.

What we both CAN agree on is VERY LITTLE headroom UP from here. Don't have SPX going above 5770 or so before the final high comes in, and C down, in the ABC Super Cycle Corrective, which began from the Sept 2021 highs, takes over. Expecting the final high to come in before the end of September, which means the pain of new highs is ALMOST over for the bears.



To: POKERSAM who wrote (3861)9/2/2024 3:27:07 PM
From: Bull RidaH  Read Replies (1) | Respond to of 4394
 
Here's the EW roadmap I've been working the last few weeks, which appears to be tracking nicely. Cheif won't like another Ending Diagonal Call, but this is one he will either have to jump onboard with... or get run over by. Today's futures trading highs have yielded a cfd value of 5653.20, the highest we've seen during this recovery off the August 5th low. We now stand just 16 points away from new ATH, and further validation of this count being correct. What I love most was wave 2 in this ED retraced just over 38% of wave 1, a key number for ascertaining whether an ED is actually taking place.




To: POKERSAM who wrote (3861)9/2/2024 3:43:15 PM
From: Bull RidaH2 Recommendations

Recommended By
re3
yard_man

  Read Replies (6) | Respond to of 4394
 
SPX - The EW Count since the September 2nd, 2021 START of this Supercycle + Corrective. Sep 18th is the anticipated FINAL HIGH date, which coincides with Trump's sentencing. My guess... he WILL NOT be sentenced in any way that would affect his campaign, nor will sentencing affect the election. This will result in the exuberance that will trap the bulls into the final high.