The emphases will be on short term to long term Index trends.
Note theBull/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 IntermediateWave (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 rareopportunity.
The rest of 2022 will be the perma bull's worst nightmare.1/21/2022
In my opinion 2023 will be more dramatic as the Bear Market extends lower. My originaltarget of 2200 may not be low enough for the final bottom. As we grow closer to 2200 we will know for certain if that target is low enough. 12/17/2022
The Perma Bull will call a bottom at every bounce all the way down to target. He and his chartist have now called a total of five bottoms as the absolute lows for the correction.The last one at 3491 on October 13, 2022, will be the next one the market will take out. Eventually they will be right but not for a long time and many bottoms yet to come. They prove the danger of having a directional bias.
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.
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That aside, your comments and questions are welcome.
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1/23/2022 - 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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