The emphases will be on short term to long term Index trends.
Note the Bull/Bear Logo will change with Cycle Trend changes.
This is not a perma bear or perma bull board.
As of confirmation on 1/21/2022 the odds are extremely high that the fifth wave extension up of Intermediate Wave (5) of [5] of V of (I) failed, and a major Super Cycle (II) correction is underway.
Super Cycle (I) began at 666.75 in 2009 and ended at 4818.62 on 1/4/2022.
This market correction will be Super Cycle (II) with a target of 2200.
As always, there will be opportunities to play up and down moves in the market.
All bounces will be resolved to the downside.
A bearish mind set will be necessary to take full advantage of this rare opportunity.
The rest of 2022 will be the perma bull's worst nightmare. 1/21/2022
The Perma Bull will call a bottom at every bounce all the way down to target.
Bottom calls so far since 4818. approx. 275
Looking for POKERSAM'S SWAMP DRAIN? Pokersam's Swamp Drain | Stock Discussion Forums (siliconinvestor.com)
*Elliott Wave is the preferred system of TA. All others may be discussed, however.
You are free to disagree with the moderator on this issue but please do it somewhere else.
That aside, your comments and questions are welcome.
Part one of " Elliott Wave Principal" elliottwave.com
Contact my service "The Trading Pit Forum": indexinsight.com - "Simply the best Elliott Wave analysis on the planet". An opinion offered by a follower.
Warning: This is a stock market board and attacks and bashing of any kind by anyone but me and those who agree with me will be dealt with immediately.
Anyone who calls himself a market analyst and cannot see the huge bear market ahead is a fraud.
Many, many indicators of the stock market mania are at points unknown in history.
The mother of all bear markets lies ahead.
Perma bulls will fight the tape and they will lose the battle. They will also reveal the frauds they are
and have always been.
2022 will be a year that will be referenced for decades when discussing milestones in stock market history.
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