Member
Posted 22 February 2025 - 10:09 AM
Sure, everything is possible. But possible and probable are two different things. If there's a top here, it would be the most announced one ever, because that pattern is drawn there
to look like the market is exhausted. Unfortunately the criminals who manipulate the stock markets worldwide, those who make the market drop on the third Friday of the week, because
it's option expiration day, are used to prestidigitation and what they want to make you see, is what isn't going to happen.
forever and only a V-E-N-E-T-K-E-N - langbard
blustar
Posted 23 February 2025 - 06:04 PM
Answer is no. A short term top is due Tuesday Feb 25 near 6169/70 SPX. THE top will not occur 2/25 even though it will be a good top to short a-b-c down to March 5 (5772/73 SPX). We are close to the final top before the bear growls and it should be close to Don Wolunchuks PX 6300 (6289) give it a month.
blustar
Posted 24 February 2025 - 04:05 PM
Well looks like an early WED top. We could have a huge up day Tuesday +3%?
Member
Posted 25 February 2025 - 08:59 AM
Or just more grinding around!!
Member
Posted 25 February 2025 - 10:40 AM
Well looks like an early WED top. We could have a huge up day Tuesday +3%?
Or maybe you meant -3% down lol!! Days long though so lets see....
