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Marginal new ATH before the crash

crash ath SPX SPY NASDAQ DAX

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#1 SP500daytrader

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Posted 30 July 2019 - 04:43 PM

Here I come with a new crash prediction... this time more confident in my prediction, as last year prediction turned out to be only a 10% decline.

 

I'm expecting this week to end to a new ATH by Friday August 2th. 

That will be the top for several months ahead as we will witness a massive market crash to SPX down to min. 2730, followed by a bear rally then down towards 2350 level.

Trade well ;o

 

Opera-Snapshot_2019-07-30_233743_CRASH.p



#2 da_cheif

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Posted 30 July 2019 - 06:52 PM

geeziz.....its non stop.....some very unhappy people around here......upset cuz they havent made a dime in the last 9 years?



#3 tommyt

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Posted 30 July 2019 - 10:52 PM

"massive market crash to SPX down to min. 2730"

 

massive crash?  5-10%, thats a pullback. I traded in '87, -23% in 1 day, thats a massive crash brutha...or sista.



#4 tradesurfer

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Posted 31 July 2019 - 02:03 AM

thanks for sharing, looking forward to updates



#5 SP500daytrader

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Posted 31 July 2019 - 06:26 AM

"massive market crash to SPX down to min. 2730"

 

massive crash?  5-10%, thats a pullback. I traded in '87, -23% in 1 day, thats a massive crash brutha...or sista.

 

Hi Tommyt, as mentioned in my post, 2730 is only the first leg down... after a relief rally, next target down is 2350 (that would be 22% crash from today close @ 3013). Also, I'm expecting new fresh ATH before that... possibly with 2 more days closing higher each at new ATH.

smile.png

 


Edited by SP500daytrader, 31 July 2019 - 06:29 AM.


#6 SP500daytrader

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Posted 01 August 2019 - 09:30 AM

Fearless forecast:

Today could be a nice rally day.... Minimum target @ 3016.24 SPX!

https://twitter.com/...2425845760?s=20


Edited by SP500daytrader, 01 August 2019 - 09:30 AM.


#7 Waver

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Posted 01 August 2019 - 02:21 PM

SP500daytrader

Officially topped and on the way down to 2700 now?

#8 SP500daytrader

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Posted 01 August 2019 - 03:45 PM

SP500daytrader

Officially topped and on the way down to 2700 now?

 

It was looking good for a rally with continuation tomorrow, but now it seems the highs are already inn.

Expect a sharp sell off in the coming days / weeks.



#9 SP500daytrader

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Posted 02 August 2019 - 11:51 AM

#DAX / #DEU30 Fearless Forecast for Monday, August 5th:

 

Gap down open, firt 30 min. bar, then rally rest of day... Lower prices rest of the week, min. target @ 12611


Edited by SP500daytrader, 02 August 2019 - 11:58 AM.


#10 tradesurfer

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Posted 02 August 2019 - 08:03 PM

nice calls and great thread here... looking forward to next week   yes.gif







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