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Thanks, Steve. 

SPX 30 View

Posted by mdgfain on 24th of Oct 2022 at 01:34 pm

Thanks, Steve. 

Steve, I count 5 waves

SPX 30 View

Posted by mdgfain on 24th of Oct 2022 at 01:17 pm

Steve, I count 5 waves in your ascending diagonal you posted.  Does that imply a likely reversal ( maybe just to bottom of diagonal?).  I’m learning enough to be dangerous, but getting better. Thanks for critique of my thinking. 

Excellent mapping, brophy. Thanks!

SPX Map

Posted by mdgfain on 24th of Oct 2022 at 12:42 pm

Excellent mapping, brophy. Thanks!

Thanks, racerick

Ride ‘em Cowboy!  Here we

Posted by mdgfain on 24th of Oct 2022 at 10:20 am

Ride ‘em Cowboy!  Here we come!

Thanks, kobie!

SPX 5min rising wedge...

Posted by mdgfain on 21st of Oct 2022 at 03:49 pm

Thanks, kobie!

Steve/Matt, Since we have come

Posted by mdgfain on 21st of Oct 2022 at 03:40 pm

Steve/Matt, Since we have come so close, aren’t we likely to least tag 3800 or maybe  even 3837 before a reversal?  Or are going to need a break, like a dip of a B wave  to get there?  More likely  drop back and tag the Diamond breakout, then go there?

Amazing. Chris Kimble has been saying and showing (for at least 5 years) charts illustrating that Gold 1500 would be the ideal target to buy ( if we get there.). It is the measured tip of the multi-year cup formation, and he estimates that it will double to at least 3000 ( I don’t remember the time frame).  Has been like watching  Matt’s old paint dry system, but it looks like we might get there!

Thanks, fundalmentalvalues!

Can we buy T Bills in our IRA?  And on personal funds, are they taxable, I presume?

Thanks, watcdy!  Great idea. Looks like I may get whipsawed again tonight and still don’t have the expertise to deal with the options volatility. 

Very helpful. I will DM you later. Thanks!

Thanks, Steve. 

I’m a lost puppy. “My

Posted by mdgfain on 19th of Oct 2022 at 01:35 pm

I’m a lost puppy. “My plan” didn’t work out. This looks like a Wave 4 to me. Do we have a target? (Like 3642?)  Or retest of breakout line?  

 I was heavily long on the open, went more neutral, and now short. Any thoughts? Any help appreciated.

After hours on the move

Posted by mdgfain on 18th of Oct 2022 at 04:18 pm

After hours on the move (finally)! 

This market is more fickle

Posted by mdgfain on 18th of Oct 2022 at 03:52 pm

This market is more fickle than any (cat) that I’ve ever met!

How Low Can She Go?

Posted by mdgfain on 18th of Oct 2022 at 03:18 pm

How Low Can She Go?  Does below 3686 invalidate the expected uptrend?  Thanks. 

And Oz ain’t saying. He’s tied up campaigning!

Yeah, everybody’s scared to make a move!

Brophy/Steve, what are MOB and MFU?

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