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David Ryan has a similar outlook - range bound for 2023 between October low and ~4200. 

mysterious power of technical analysis...

Posted by kevindeng0727 on 13th of Dec 2022 at 03:05 pm

mysterious power of technical analysis... Demark count was on day 12 of 13 on the last high for both SPX and SPY. They refused to drop big and popped again today for the 13.

Enjoy your vacation Steve. I

SPY Zones

Posted by kevindeng0727 on 13th of Dec 2022 at 03:02 pm

Enjoy your vacation Steve. I should probably call it a year as well. +20% thanks to the community.

thanks. Just checked Matt's uncorrelation indicator, $spx and $vix corr approaching 0.     0.17 now.

$VIX AND $VXN up 6%...

Posted by kevindeng0727 on 12th of Dec 2022 at 10:07 am

$VIX AND $VXN up 6%... Is this because of Opex or something else? lol

Thanks. I have stockcharts membership so am good. I really wish I can meet him one day in person. He does not appear in public (like on some conferences) often any more.

John is the single best technician (still) in the industry in my opinion. His books introduced me to this field originally and everytime he posts something I will read carefully multiple times. 

Thanks Matt. I took off SPY longs with small profit... Never trusted these conslidations going on for too long. Maybe another leg down will create a $vix signal for santa rally.

Matt do you have a

SPY and ES systems notification

Posted by kevindeng0727 on 8th of Dec 2022 at 04:15 pm

Matt do you have a guesstimate of whether it's a long or short? Lol

SMH and SOXX direction of

Posted by kevindeng0727 on 8th of Dec 2022 at 01:51 pm

SMH and SOXX direction of range break should dictate next market move

Hey Matt, bear long is

Posted by kevindeng0727 on 7th of Dec 2022 at 03:13 pm

Hey Matt, bear long is one of the signals with higher success odds right? Thanks!

Today's action feels like wave

Posted by kevindeng0727 on 7th of Dec 2022 at 12:51 pm

Today's action feels like wave 4? Choppy & boring

It's already above 200 day

Maybe we fill it in

SPX into the gap 

Posted by kevindeng0727 on 30th of Nov 2022 at 03:30 pm

Maybe we fill it in the next 30 minutes? lol

Thanks. I like Matt 'going

SPX comments

Posted by kevindeng0727 on 30th of Nov 2022 at 02:36 pm

Thanks. I like Matt 'going straight'   

Good times create weak men

Only difficult part might be the new OP system. Tesla already has a very good one for cars which might help them going forward.

Yup nothing like this happened since 1989.

Demark on VIX

Posted by kevindeng0727 on 24th of Nov 2022 at 12:34 pm

Demark on VIX

$VIX daily demark on daily 12 of 13. Sometimes it takes a couple of days for prices to react to signal, so maybe next week I am guessing

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