a couple scenarios, ones I

    SPX 15 min

    Posted by matt on 21st of Sep 2021 at 07:17 pm

    a couple scenarios, ones I mentioned yesterday still the same - either that bounce was a wave 4 or we're still in this abc pattern working on wave b and wave b can be deep.

    anyway much tougher market now - even trading individual names, best to be picky and conservatives - the tape has changed, it's not like it was a few weeks ago etc

    I think almost everyone is

    Posted by fundamentalvalues on 22nd of Sep 2021 at 07:42 am

    I think almost everyone is assuming a lower low to come at some point after this bounce. I would certainly welcome it as I have funds waiting to take advantage. Wouldn't it be funny if they ran this sucker higher to new highs and it never happened? Stranger things have happened and there are outlier seasonality years. 

    ..remember the 2018 where we went down 20% peak to trough and the bottom was Christmas eve? That wasn't usual to say the least. The wizards behind the curtain will let us know soon enough which way it plays out. 

    Or we slice through support

    Posted by kevindeng0727 on 22nd of Sep 2021 at 08:15 am

    Or we slice through support and get 20% off😉

    And we tend to get

    Posted by kevindeng0727 on 21st of Sep 2021 at 08:17 pm

    And we tend to get fake moves after Fed meeting. 

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