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Lol am I the first

ECRI Snapshot

Posted by kevindeng0727 on 3rd of Jun 2022 at 10:44 am

Lol am I the first member to find this out?

ECRI Snapshot

Posted by kevindeng0727 on 3rd of Jun 2022 at 10:35 am

I see. Thx steve

I thought 4128 was the

Posted by kevindeng0727 on 3rd of Jun 2022 at 09:47 am

I thought 4128 was the  sub wave 1 of V? Already overlapping

Any smaller scale count within

Market follow up

Posted by kevindeng0727 on 2nd of Jun 2022 at 05:13 pm

Any smaller scale count within this wave V? Thx

Wave i is 170 points.

SPX Short Term Views Updated

Posted by kevindeng0727 on 31st of May 2022 at 10:29 pm

Wave i is 170 points. adding that to somewhere around 4104 is roughly 50 day average.

Possible wave 4 triangle on

Posted by kevindeng0727 on 31st of May 2022 at 11:33 am

Possible wave 4 triangle on SPX 5min?

Yea. What surprises me is

California Dreamin

Posted by kevindeng0727 on 31st of May 2022 at 12:32 am

Yea. What surprises me is how strong tourism industry is now (can't find hotels/rental cars at popular places) despite the poor consumer confidence. So it might need a bit more time - i.e. starting to appear on headlines after a summar rally and later part of Q3.

I just received last month's

California Dreamin

Posted by kevindeng0727 on 30th of May 2022 at 10:57 pm

I just received last month's gas Bill from Enbridge and it's been the most expensive one I ever got - even more expensive than winter months' lol. 

Regarding recession, we should watch the ECRI WLI closely as it's approaching the -5 level which has a very good record of forecasting recessions. 

Haha not really but I

Breadth Thrust

Posted by kevindeng0727 on 27th of May 2022 at 08:06 pm

Haha not really but I am certainly opened minded for this possibility. Have a great weekend Matt & everyone.

$NYMOT and $NAMOT both closed

Breadth Thrust

Posted by kevindeng0727 on 27th of May 2022 at 07:16 pm

$NYMOT and $NAMOT both closed above 350. That's actually a thrust signal for a new bull market (could fail of course, in late 2008 it triggered early). 

$VIX kissing 50 day.

Posted by kevindeng0727 on 27th of May 2022 at 10:33 am

$VIX kissing 50 day.

ECRI

Posted by kevindeng0727 on 26th of May 2022 at 07:10 pm

Opinion from ECRI: https://www.cnn.com/2022/05/26/perspectives/recession-gdp-fed-inflation/index.html?utm_source=optzlynewmarketribbon 

"It's time to prepare for a recession"

-20% is generally enough for a non-recessionary bear/correction. In a recession forward earnings can be revised down 30%-40% easily so that will make the decline a lot larger.

I was looking at the same thing, Rumor is a huge stimulus package being prepared for Emperor Xi's upcoming fall meeting.

$VIX also rallyed at the end of day

Any wave count for this

QQQ Views

Posted by kevindeng0727 on 26th of May 2022 at 03:53 pm

Any wave count for this wave C? (assume it is wave C from Tuesday low)

The trend was so strong

IWM 60 min

Posted by kevindeng0727 on 26th of May 2022 at 02:33 pm

The trend was so strong - didn't even have that lunch time pullback. Now showing some lack of momentum to follow through higher - can't really argue after a 2% up day.

lots of instituional guys went on vacation I guess that helps lol... along with short covering

NDX100 demark sequential 13 today

Posted by kevindeng0727 on 25th of May 2022 at 08:14 pm

NDX100 demark sequential 13 today after the previous combo 13

Matt is giving quite some

some long ideas

Posted by kevindeng0727 on 25th of May 2022 at 08:10 pm

Matt is giving quite some long ideas after a long time - likely good  time to test buy some long positions lol

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