Matt and Steve, just wanted

    Posted by bpozdoll1717 on 28th of Jan 2022 at 04:09 pm

    Matt and Steve, just wanted to say thanks for all of your work.  It's been a volatile January but by following your analysis I had a positive month and 9% growth in my portfolio.  You have an interesting site in that, other than the SPY system, you don't hand out trades.  But you provide so much analysis in the newsletters and community and one has to really listen and synthesize all the information into a plan.  That's all.  Have a nice weekend.   

    I don't usually post but

    Posted by pebs on 28th of Jan 2022 at 04:26 pm

    I don't usually post but wanted to say thanks to Matt, Steve, and everyone else here that provided their charts, guidance and laughs.  It was a tough trading week and I'm glad I spent it with all of you peeps.  Have great weekend everyone.

    thank you very much for

    Posted by matt on 28th of Jan 2022 at 05:10 pm

    thank you very much for the kind words!

    regarding the market I'm looking

    Posted by matt on 28th of Jan 2022 at 05:53 pm

    regarding the market I'm looking for IWM and QQQ to outperform on a % basis on a continued bounce next week over the SPX.

    wave structure, if this is wave C it's probably 1 of C, meaning we have waves 2, 3, 4, 5 to go. SPX symmetry targets 4525, however I could see maybe 4600.

    IWM made a new low, a clear 5th wave low, so probably set to bounce a larger % than the SPX 

    If 4525 is significantly exceeded,

    Posted by timebandit on 29th of Jan 2022 at 12:20 am

    If 4525 is significantly exceeded, then the broken symmetry would favor a higher low being made when a pullback comes. Not guaranteed, but higher probability. Do I have that right?

    I maybe wrong but looking

    Posted by rareto25 on 28th of Jan 2022 at 06:00 pm

    I maybe wrong but looking at recent past..Monday-Wednesday should bring a new low to SPX

    VIX Hr

    Thanks but we hand out

    Posted by steve on 28th of Jan 2022 at 04:13 pm

    Thanks but we hand out plenty of trades - not many this week since market was so volatile and plenty to be made on the indices.  Understand we cannot provide direct investment advice. 

    See the January 13th Watchlist for numerous short trades PRIOR to the plunge.  You must have a trigger for trades so some may not be actionable (have a PLAN )

    Steve and Matt - A

    Posted by arun on 28th of Jan 2022 at 04:17 pm

    Steve and Matt - A big thank you 

    You're welcome all - have

    Posted by steve on 28th of Jan 2022 at 04:22 pm

    You're welcome all - have a great weekend.  Get away and enjoy life

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