Good stuff. Might need that right shoulder before the bigger
dump can happen. Will respect the price action either way. That gap
4,176.82 is the next major area, then good ol 4,220s at the fib.
Not getting too far ahead of myself. I have concerns longer term
still.
I feel like we will
Posted by mrjasongill on 20th of Jul 2022 at 11:56 am
I feel like we will not break 4000 on SPX....and then the bear market will continue, but that's just a gut feel.
Well, if we stay above
Posted by mrjasongill on 28th of Jul 2022 at 02:30 pm
Well, if we stay above 4020 tomorrow then this monthly trendline will be negated...
https://www.tradingview.com/x/d5dBlocA/
Good stuff. Might need that
Posted by fundamentalvalues on 28th of Jul 2022 at 02:41 pm
Good stuff. Might need that right shoulder before the bigger dump can happen. Will respect the price action either way. That gap 4,176.82 is the next major area, then good ol 4,220s at the fib. Not getting too far ahead of myself. I have concerns longer term still.
the other view is what
Posted by matt on 28th of Jul 2022 at 02:50 pm
the other view is what Steve posted below where this move now is 3 of C, if that's the case you wouldn't get that nice wave 2 pullback.