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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Ha! I see you viewed
Plot Elliot Wave and you need 2 aspirin afterwards.
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.