rf: I am not an expert on E-Waves, it's been a few years since I
studied it, but I believe ABC are larger waves than XYZ (as you can
see) if memory serves, so technically you would be
correct.
That guy’s long term view is scary. The basis of his
reasoning is $95B of QT every month for the next three years to
work off the $ Trillions of Covid QE. Consider those 13 years of QE
driven Bull Market.
The most interesting two points about that video are: 1) Vix
spike to >30 at this time, rather than a point spike which was a
typical 2022 buy-the-dip opportunity, the multiple days >30 is
analogous to April, when the market plunged further, and 2)
Negative sentiment is also not likely a counter-trend point
spike, but the beginning of many months of negative sentiment,
similar to 2008.
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Plot Elliot Wave and you
Posted by brophy on 21st of Oct 2022 at 08:22 am
Plot Elliot Wave and you need 2 aspirin afterwards.
Thanks brophy. What is the
Posted by retirefire on 21st of Oct 2022 at 08:40 am
Thanks brophy. What is the difference between A B C and W X Y? Isn't the latter more violent?
Wave Structures Explained
Posted by steve on 21st of Oct 2022 at 09:04 am
Wave Structures Explained
24elliottwaves.com
Just a moment...
thanks guys
Posted by retirefire on 21st of Oct 2022 at 09:09 am
thanks guys
I knew Steve would come
Posted by brophy on 21st of Oct 2022 at 09:07 am
I knew Steve would come through. Thanks, Steve. (It's a complex subject)
rf: I am not an
Posted by brophy on 21st of Oct 2022 at 08:56 am
rf: I am not an expert on E-Waves, it's been a few years since I studied it, but I believe ABC are larger waves than XYZ (as you can see) if memory serves, so technically you would be correct.
That guy’s long term view
Posted by te22 on 21st of Oct 2022 at 08:38 am
That guy’s long term view is scary. The basis of his reasoning is $95B of QT every month for the next three years to work off the $ Trillions of Covid QE. Consider those 13 years of QE driven Bull Market.
Ha! I see you viewed
Posted by brophy on 21st of Oct 2022 at 08:57 am
Ha! I see you viewed the same Youtube vid. Yes, but he is not the only one, by any means.
The most interesting two points
Posted by te22 on 21st of Oct 2022 at 09:04 am
The most interesting two points about that video are: 1) Vix spike to >30 at this time, rather than a point spike which was a typical 2022 buy-the-dip opportunity, the multiple days >30 is analogous to April, when the market plunged further, and 2) Negative sentiment is also not likely a counter-trend point spike, but the beginning of many months of negative sentiment, similar to 2008.