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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The most interesting two points
Plot Elliot Wave and you need 2 aspirin afterwards.
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.