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More Reasons Than One to Believe that March 20th Will Be THE Top

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#1 blustar

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Posted 19 February 2024 - 10:17 PM

A move to at least 5100 SPX is expected into Feb 26 and then a 3-4% drop into March 4. ~5200 is expected by March 20, where I expect a major top to form.  I see ~4100 by April 1.

 

I will be soon sending the data as to not only why I believe this is based on the Astro/Gann cycles, but also some other data showing that the FED and our banking system is in trouble and must lower rates quickly.

 


Blessings,

 

blu

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#2 andr99

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Posted 20 February 2024 - 03:31 AM

the top of what ? of the bearish calls all over the internet ? tops occurr when no one in the internet is calling it. A short term high is possible, but the top is as probable as me starting to like the communists.


Edited by andr99, 20 February 2024 - 03:32 AM.

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#3 andr99

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Posted 20 February 2024 - 04:39 AM

errata corrige..........''tops occurr when no one in the internet is calling THEM''. Most of my mistakes with English are due to the editing of my posts that is not followed by the re-reading of the whole message. 

Just to say that I'm not as bad as my posts might be.  


Edited by andr99, 20 February 2024 - 04:41 AM.

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#4 q4wer

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Posted 20 February 2024 - 07:45 AM

Thank you blustar

#5 slupert

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Posted 22 February 2024 - 10:46 AM

the top of what ? of the bearish calls all over the internet ? tops occurr when no one in the internet is calling it. A short term high is possible, but the top is as probable as me starting to like the communists.

He's on a roll, let him go.



#6 12SPX

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Posted 22 February 2024 - 12:06 PM

On a roll, no offence but every call was for down down down and finally an up call and he's on a roll, that's funny lol!!  If you make a call, stick with it until your proven wrong and do it with actual trades, talk is easy....



#7 andr99

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Posted 22 February 2024 - 12:14 PM

. ~5200 is expected by March 20, where I expect a major top to form.  I see ~4100 by April 1.

 

that is the part of the post that sounds completely unprobable..........but hey, every opinion is legitimate


Edited by andr99, 22 February 2024 - 12:15 PM.

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


#8 linrom1

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Posted 22 February 2024 - 01:45 PM

Oh and with rates and the Dollar going up at the same time? By the time Biden finishes his 4th term, ES will be at 10,000.


Edited by linrom1, 22 February 2024 - 01:47 PM.


#9 blustar

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Posted 23 February 2024 - 10:13 AM

A move into the 5120's SPX now looks likely for Monday next week. Long liquidation today into Monday = a word to the wise.

A z wave of (X) is now due into March 4th. A move back to 4920 SPX minimum looks likely. As I said, a minimum 3-4% pull back looks to be in the cards. There is nothing to change my mind regarding a March 20 major top near 5200 SPX Wave (Y) (before a nasty bear hits).

 

This is an irregular and dangerous topping pattern developing. The reverse repo that the FED created is hitting a wall, forcing the banks back to the discount window next month. The whole banking system looks ready to implode due to lack of liquidity. This will force the FED to lower rates, which looks likely to spook the markets.

 

Either way, a crisis is in the works.


Blessings,

 

blu

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#10 linrom1

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Posted 23 February 2024 - 10:22 AM

Where is all this liquidity coming from?







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