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My April 14th Top Prediction Date is Here!

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#1 blustar

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Posted 14 April 2021 - 05:07 PM

I only see this as a sort term quick drop ABC style into April 19. I'm only expecting about 4-5%, just a nice quick down, up, down trade nonetheless.

 

The irregular topping action from Friday begs for a new high above 4200 by late April.

 

There is good support and a two gap cover around SPX 3972/73 by Monday.

 

For those who wish to see my analysis and chart, please go to my free blog in my signature below.

 

blu



#2 qqqqtrdr

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Posted 14 April 2021 - 05:50 PM

Hey Bluestar...  Sold most of my long positions today since my model was close to a sell signal and enough of them are now running a Sell for a medium term sell-off for the rest of April....    No targets for me yet...

qqqtrdr



#3 pdx5

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Posted 14 April 2021 - 05:59 PM

The only longs I have not sold yet are those waiting for the 1 year holding period. I have already sold 75% of longs in taxable account.

The profit is so unreasonable, in no way I want to pay income tax based on short term gain. 


"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#4 12SPX

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Posted 15 April 2021 - 10:26 AM

You know it is interesting my friend said something about Russia invading somewhere so you never know.  I'm only looking for a little over -1% right now lol! 



#5 tsharp

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Posted 17 April 2021 - 07:43 AM

While the larger Bull Market Cycle should keep the bias upward into ~2032, the April cycle peaks I've been pointing to for the past six months played out nicely.  Those two large cycles will begin rolling over though I'm only lookin for a wave-(ii):3 downward, then back upward again, when the SPX does finally signal a wave-(i) completion... watching.

 

SPX-D-04-16-21-HC.jpg



#6 tsharp

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Posted 17 April 2021 - 12:08 PM

The monthly charts I watch are not suggesting bearishness here:

 

SPX-M-04-16-21-BB.jpg

 

 

SPX-M-04-16-21-1.jpg







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