SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Humble1 and Swing Trading Friends -- Ignore unavailable to you. Want to Upgrade?


To: bob_o who wrote (41177)12/18/2025 3:05:12 PM
From: mattstat1 Recommendation

Recommended By
cycleupcycledown

  Respond to of 41198
 
I don't buy today's rally. I am looking at something that shows at least one more good swoon is coming. Just not sure if it happens before the EOY or in January. Patience.



To: bob_o who wrote (41177)12/20/2025 10:08:12 AM
From: bob_o  Read Replies (1) | Respond to of 41198
 
I hadn’t planned on doing any shorter-term trading after taking a small long position in the S&P on 12/17, but after seeing the breadth fade toward the end of the day yesterday, I decided to exit that position near the close. And after looking at all my technical indicators this morning, I think now there’s a very good possibility that, if the high on 12/11 was wave b-of-4 top, the 12/17 low would be wave i of c of 4. That would make the high on Friday (or maybe the open on Monday) wave ii of c of 4. If that’s right, it would project a very important wave 4 low – probably in early January. A very strong open on Monday (up ~20+ points) would likely invalidate that, but a nearly unchanged or down open would force me to put my short positions back on for a fairly sharp move down to a wave iii-of-c low just before or shortly after Christmas. iv and v to follow into the first half of January.