was wave 3 of 5 down, SPX will follow, this looks just like 2008 all over again with LTCM, do what you want, buy the dip, I'll be adding SPX leap puts and adding back KRE put closed Friday. If I lose because of timing, that's ok, I need to hedge a possible crash here.
That is a clear 5 waves down from the top, wave 2 abc bounce from October,
and now most likely wave 3 down, abandoning ABC correction, I'm not really much on Ewave, but this is kind of textbook.
Edited by CLK, 11 March 2023 - 08:53 PM.