I see no evidence of THE top just yet. The Banking Index looks like it could snap back to its trendline broken tomorrow on an 8 TD cycle top. My ALGO could be right! There is room to run all the way up to 6779 SPX!
#12
Posted 02 October 2025 - 01:29 PM
Everything is crashing skyward - from overpriced to super-overpriced. Followed by --- ultra-overpriced?

#13
Posted 03 October 2025 - 07:20 AM
Because of the bipartisan pending shut down of our government services, it has been announced that today's Jobs Report is tentative.
If it comes out at 8:30 EDT today, I believe the SPX will likely gap up and hit the ~6780ish level early on and then form a red candlestick sell-off.
The other scenario would be for the SPX to still attack that expected level, but likely then later on today with a green candlestick.
My target either way is SPX 6360 by Tuesday next week. Socrates has a panic day that day and my analysis agrees based on the COVID topping pattern of 2020.
By Oct 13, I see 5578-5640 SPX!
#14
Posted 03 October 2025 - 08:20 AM
Hmmmmm well I'm not looking for that big of a fall but as I mentioned in d's thread I'm leaving a little behind from my initial short at 6750 all the way to 6785 while I take profits on the rest so any sudden spikes lower will be nice lol!!
#15
Posted 03 October 2025 - 09:08 AM
Because of the bipartisan pending shut down of our government services, it has been announced that today's Jobs Report is tentative.
If it comes out at 8:30 EDT today, I believe the SPX will likely gap up and hit the ~6780ish level early on and then form a red candlestick sell-off.
The other scenario would be for the SPX to still attack that expected level, but likely then later on today with a green candlestick.
My target either way is SPX 6360 by Tuesday next week. Socrates has a panic day that day and my analysis agrees based on the COVID topping pattern of 2020.
By Oct 13, I see 5578-5640 SPX!
October 13 is my birthday. I demand the market to be at around 6900.
Just copying our president, gis
#16
Posted 03 October 2025 - 10:03 AM
My target either way is SPX 6360 by Tuesday next week.
Keep trying !
#17
Posted 03 October 2025 - 11:24 AM
Edited by RadioHead, 03 October 2025 - 11:24 AM.
#18
Posted 03 October 2025 - 11:25 AM
#19
Posted 03 October 2025 - 11:42 AM
If that is all it does "SPX 6593" by Tuesday (my minimum downside target), then we go higher again reaching the top later than I was thinking. The market is getting seriously overvalued here!
#20
Posted 03 October 2025 - 11:49 AM
6593 is based on lines of support and resistance and a possible 21+25 TD cycle (2X23 TD's) which has been the norm. 46 TD's is a 9 week cycle and that goes back to Sept 2. Tuesday is also an 8 TD low.
Also tagged with one or more of these keywords: SPX
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