SPX - Could this be it?

20 mar 2020

Fundamentals will change if this is it. Expecting fear to subside starting next week and strongly after March 29th.

However technically, if the correction was ABC, then this could be it.. least risky way could buying options/call

20 mar 2020

Nota

21 mar 2020

Nota

Alternate view could be this is just start of Wave iv , and Wave V is due

26 mar 2020

Nota

38.2 retraced. Closed 50% and waiting (hopefully) for 0.5 to be met.

9 apr 2020

Nota

So Far on track..


Alternative to this - Alt view will be if this move to upside is W(2), then we will have much much lower levels on SPX in the coming months. Will update later based on where this rally stops..

16 apr 2020

Nota

Now we have a reason to believe we have seen the top in this counter trend rally.

we should go down--

19 apr 2020

Nota

Futures are showing a better count then cash market. So switching over to it.


It seems that we are in Wave 2 retracement (a,b,c) - In such a case, we should hold at 618 levels. If we do, then we are looking at much deeper levels to come.

However, if we cross 90% retracement of the last fall, then it will be counted as B, so C will equal to A ( at least ).. Lets see where this stops...

13 mag 2020

Nota

heading to crazy times? has it begun?

21 mag 2020

Nota

11 giu 2020

Nota

11 giu 2020

Nota

7 set 2020

Nota

Island reversal as shown previously didn't mature and we saw all time highs. This now gives a better view and it can be said that we have or we AT the TOP of major market cycles.

11 set 2020

Nota

PE ratio for S&P is around 30x
what else do you need now?