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I Expect a 12-13% Down Week Top to Bottom

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#1 blustar

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Posted 06 November 2022 - 04:04 PM

Monday and Tuesday should be down about 9%, a low on Nov 9 around 3400, then a strong rally on the 10th followed by another strong drop on the 11th to near 3300. Nov 14-18 looks up.

 

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#2 linrom1

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Posted 06 November 2022 - 09:12 PM

Monday and Tuesday should be down about 9%, a low on Nov 9 around 3400, then a strong rally on the 10th followed by another strong drop on the 11th to near 3300. Nov 14-18 looks up.

 

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If it works, that would be great.



#3 fib_1618

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Posted 07 November 2022 - 05:59 AM

 

Monday and Tuesday should be down about 9%, a low on Nov 9 around 3400, then a strong rally on the 10th followed by another strong drop on the 11th to near 3300. Nov 14-18 looks up.

 

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If it works, that would be great.

 

 

But it won't...so...

 

Fib


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

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#4 redfoliage2

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Posted 07 November 2022 - 08:03 AM

If they lose the House, and there is a good chance for it .....................


Edited by redfoliage2, 07 November 2022 - 08:07 AM.


#5 redfoliage2

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Posted 07 November 2022 - 08:16 AM

If they lose the House, and there is a good chance for it .....................

https://www.politico...ection-00065376



#6 12SPX

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Posted 07 November 2022 - 08:38 AM

Love the bearishness guys thanks.  Interesting timing for sure but can't also imagine it being negative if the republicans take the house which is virtually 99.9% going to happen anyhow and even better if they take the senate.  The market would love gridlock for the next two years!! 



#7 fib_1618

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Posted 07 November 2022 - 09:37 AM

.  The market would love gridlock for the next two years!! 

 

Not when the Bolshevik in charge has the power of the Executive Order...he will do what he wants, and it will take a couple of years for the courts to throw it out.

 

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.

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#8 12SPX

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Posted 07 November 2022 - 09:56 AM

Ya I guess that's true, we'll see how it goes in the end, I'm all about the grind in the market anyhow and mainly being an option seller, I love the grind!!! 



#9 blustar

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Posted 07 November 2022 - 10:04 AM

My current analysis tells me that the lows must be advanced by one more trading day, that is Nov 14-15 for the double bottom, the rally high on Friday and the lows on Nov 14-15. That fits better with the Bradley turns, Gann Cycle and coming new moon top on Nov 23 (6 TD run from the low on the 15th).

 

Update is on my BLOG



#10 blustar

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Posted 07 November 2022 - 10:42 AM

Upon further review, I'm advancing my 9%+ down from today (Monday) into Thursday and next week's double bottom low on the Bradley Geo/Helio Cluster or Nov 15-16. That is an advance of two trading days...







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