Heading to 440s early next week

28 lug 2023

Prepare for big selloff to start around 2:30pm-3:00pm today. Netx stop is 444-447.

Then bounce to 450 w/AAPL/AMZN earnings, but then continue down from there.

Top of this B-wave is forming.

2 ago 2023

Nota

Below 450.50 is bearish territory.

Crash setup on chart + the fitch downgrade gives perfect opportunity to short at will.

SPY end goal is 270-290 by early 2024. This will get ugly fast.

4 ago 2023

Nota

A break here below 447 can see crash like follow-through.

Next downside targets (conservative) are 438-442 by 8/11

Can get hit as low as 418-427. Brace yourselves. If you're already in puts, don't sell - gap down next monday.

7 ago 2023

Nota

Goodopportunity to be accumulating Sep 1 puts going into CPI. Bears have this.

8 ago 2023

Nota

My point target for SPY is 397 by September 8th 2023. I'll post an updated idea soon.

8 ago 2023

Nota

Posted cleaner chart with SPX with bigger picture main/expected path and alt path

10 ago 2023

Nota

From here we start the bloodiest month this market has seen since March 2020. R.I.P.

10 ago 2023

Nota

Bears have it below 444.58.

24 ago 2023

Nota

Markdown phase is here. Next stop 418-427, point target 423 by end of next week.

On track to hit 397 goal target by mid December.


If the 397 hits I expect consolidation/bounce before making final move down to at least 339 in early 2024 (but could go as low as 270-290).. focusing on 420s for now