Jump to content



Photo

Nasdaq.........at some point it has to bounce


  • Please log in to reply
16 replies to this topic

#11 linrom1

linrom1

    Member

  • Traders-Talk User
  • 3,953 posts

Posted 13 June 2022 - 03:35 PM

Everyone is unanimous the we bottom in 2024. So until then buy UUP and DUST.



#12 linrom1

linrom1

    Member

  • Traders-Talk User
  • 3,953 posts

Posted 13 June 2022 - 03:40 PM

Everyone is unanimous that we bottom in 2024. So until them hold UUP , DUST and SH. LOL.


Edited by linrom1, 13 June 2022 - 03:40 PM.


#13 fib_1618

fib_1618

    Member

  • Traders-Talk User
  • 10,144 posts

Posted 13 June 2022 - 03:49 PM

SPX headed to 3500 which is my FF from many months ago for 2022 based on past experience during inflationary periods.I am not seeing 3000 in 2022.

Why the TA experts do not post their SPX bottom in 2022?

 

Because a technician can only give a price target when such forecasts are actually triggered via the direct flow of investment capital.

 

I am certainly not an expert, but if you wish an answer to your question from myself and/or others, you'll need to give both the method(ology) of technical analysis, including the time scale being measured, otherwise you'll likely receive various responses that will tend to confuse the reader.

 

Fib


Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

 

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

Technical Watch Subscriptions



 


#14 slupert

slupert

    Member

  • Traders-Talk User
  • 2,793 posts

Posted 13 June 2022 - 04:46 PM

"at some point it has to bounce". That's what she said on the picnic.

#15 andr99

andr99

    Member

  • Traders-Talk User
  • 7,389 posts

Posted 14 June 2022 - 12:40 AM

well.....my bet is that this bear will retrace most part of the gains from the pandemic lows to the 2021 december top. So, for the spx it should mean 2700 as final bearish target. When you get too much away from a rising long term trend line, eventually you will get to meet it again.  As a time target to get there I would say early next year..... 


Edited by andr99, 14 June 2022 - 12:41 AM.

forever and only a V-E-N-E-T-K-E-N - langbard


#16 andr99

andr99

    Member

  • Traders-Talk User
  • 7,389 posts

Posted 14 June 2022 - 01:27 AM

as for the bounce that should come, I would say 4070 as target for the spx 


forever and only a V-E-N-E-T-K-E-N - langbard


#17 MikeyG

MikeyG

    Member

  • Traders-Talk User
  • 2,850 posts

Posted 14 June 2022 - 05:00 AM

Can someone explain to me how $USD US Dollar Cash Settle is UP 15% on a parabolic course in the last year? What is it measured against? A basket of flaming garbage?

Yes to flaming garage. Also, it is moving in an anticipation of rate hikes.

Buy the rumor sell the news so to speak.

Edited by MikeyG, 14 June 2022 - 05:01 AM.

mdgcapital@protonmail.com  

papilioinvest.com

@papilioinvest

 

"One soul is worth more than the whole world."