Here are thoughts of what it may look like.
Say they spike it above the lines one time but do not hold it this week and then
it swoops down to one of the lower lines with my RUT and SPX daily forecast lows in
5-7 days from now.
Then up to Christmas.
I reserve the right to see how monthly and qtrly adjust after a low and beginning
up.
My lame unschooled ewave expectation is the blue line to hold.
For trading I haven't done anything in 401k except sold 1/2 of healthcare on that
rediculous biotech spike and rounded out some of the small and mid caps positions,
and bought one income fund on Friday. I bought more 3D printing stocks on 27th close
because it was a expected timing low.
If it does peak this week I will buy some index puts for a few days then hopefully
switch that to Jan midcap index calls if that works out that way but they have to give me a good
spike. Oherwise just buy the calls in a fright.
Why midcap, because my SPX daily is not so strong after this low, the RUT is, the war is good
for dollar which favors small and midcap vs large cap exporters.
