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Bottoming Weird Wolly Wednesday?

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#1 blustar

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Posted 06 May 2019 - 01:29 PM

Today's drop surprised me,  I thought it would wait until Wednesday.  My cycle/wave work now says up into Tuesday (2940's) and down into Wednesday to retest 2900.  The cycle/waves then turn up into around OPEX, May 17, with a target of SPX 3007 +/-.  We are due for the 5 quarterly and 8 month top somewhere in here (May 17?).  The 20 week low looms 100 TD's +/ 15 TD's from Dec 24. June 3? We'll see.


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#2 trioderob

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Posted 06 May 2019 - 02:41 PM

did you know there was going to be a bad tweet over the weekend  - or do you think China being down 6% last night had nothing to do with it ?



#3 Nirvana

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Posted 06 May 2019 - 03:57 PM

Hi, what happened to the mid May 2-week low forecast (aligned with Bradley turn May 17-20) that was in your blog from 4/23?

 

"The 20-week low (“b”) is due around May 17-20 and it wouldn’t surprise me that an intermediate top forms shortly (within the next 1-4 trading sessions) and drops 9-10% into the mid May expected low"



#4 blustar

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Posted 06 May 2019 - 04:53 PM

The Twenty week has a variance so now we may expect that top out a little further. Like the weather things change.

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#5 blustar

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Posted 08 May 2019 - 02:19 PM

Looking for SPX 3000 May 20th then down into the mid 2600's by June 4, then up to 3168/70 by early August. Blog coming out tonite.


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blu

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#6 hhh

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Posted 08 May 2019 - 02:27 PM

Have any of these 400 or 500 point swing (or similar percentages) projections ever happened in a two week time span before?



#7 blustar

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Posted 08 May 2019 - 02:37 PM

Jan 26-Feb 9, 2018  -11.88% over 2 weeks


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#8 Waver

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Posted 08 May 2019 - 06:19 PM

Yea once in a few years but blustar calls them every few months.





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