SPY wave count

    Posted by holmes on 13th of May 2026 at 06:39 pm

    quite the drop after depicted from "captainewave"

     I don't support that right

    Posted by matt on 13th of May 2026 at 06:42 pm

     I don't support that right now, but man if it did happen can you image the public freak out LOL

    personally guys, this secular bull market that started in March 2009, I think it has a 2 or 3 years left, still a bit short for a secular bull market to end vs how long the previous ones lasted.  But we'll simply trade what is in front of us, react/monitor, and adjust 

    Also I think when it

    Posted by matt on 13th of May 2026 at 06:53 pm

    Also I think when it does top, it won't be like 2008, but more like a 2000 top where we have a 2 - 3 year bear market, vs 2008 that was a 1 year bear

    here's the secular cycles

    That's a powerful chart, think

    Posted by steveo on 13th of May 2026 at 10:04 pm

    That's a powerful chart, think of the tens of millions in their 60's, needing their retirement accounts to double or triple, but instead they get pushed into their late 70's or 80's with no gain.    And we had the inverted yield curve record, which always proceeds a recession.    On a financial poll, only 2% expected recession by 2027, 96% expected no recession. 

    That is foolishly bullish in my view.

    I see you added lines

    Posted by holmes on 13th of May 2026 at 07:11 pm

    I see you added lines depicting the first two cycles.  The latest bull cycle looks similar to the first one.  We'll have plenty of time to react irregardless 

    yeah, he's projecting a 50

    Posted by holmes on 13th of May 2026 at 06:48 pm

    yeah, he's projecting a 50 - 61.8 %  retracement in wave -ii- ... (over my head)

    an alternative to EW is

    Posted by matt on 13th of May 2026 at 06:51 pm

    an alternative to EW is Wyckoff, I don't fully know it though, it's quite a bit different from EW, haven't had the time to study and learn that. also not as much information out there about it, it's pretty niche 

    regardless most of that stuff is for mapping, but not trading or signals

    I think the market may

    Posted by matt on 13th of May 2026 at 06:52 pm

    I think the market may be waiting for Trump to get back from China - maybe a catalyst would be the Iran war starting back up after Trump gets back

    again who knows, just throwing stuff out there, for now the market is Teflon, doesn't care about anything 

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