53 replies to this topic

[redfoliage2]

Actually I posted it just as Trump sounded the alarm to the minute which means I had to have had time to write it.

Alarm? He caused the market decline on purpose.

Well said............

Edited by redfoliage2, 11 October 2025 - 10:38 AM.

[blustar]

I was looking for about a 5% drop from Thursday into Monday, top (SPX 6764/65) to bottom.  Ideally we should tag the .618 FIB extension near 6423/24 SPX Monday on a gap down. A move a little lower than that is possible like 6413/16 SPX. My upside target from there is Oct 23, 2025 SPX 6805/06, which by my calculations should be THE top before a ~35%+ drop into Nov 24, 2025.

[andr99]

by my calculations should be THE top before a ~35%+ drop into Nov 24, 2025.

come on blu, this has zero chances to occurr

Edited by andr99, 11 October 2025 - 11:48 AM.

[hhh]

 

by my calculations should be THE top before a ~35%+ drop into Nov 24, 2025.

come on blu, this has zero chances to occurr

 

Not zero or they wouldn't be able to sell puts for that level.

[q4wer]

a new high by 10/23 is impossible.   I have a tremendous low target for 10/23.  I hope Monday can go up for me to enter puts

[linrom1]

That's a completed zig-zag at 24.2k and now we ran straight thru 38.2% retracement. Will it run all the way to 25.4k?

Edited by linrom1, 12 October 2025 - 08:05 PM.

[blustar]

We are approaching the .786 FIB retrace today near the 5718/19 area by my calculations the second hour today. By the first hour, the 6715/16 area should be hit.. We are already +50, near 6695 SPX area. This should end wave B with C arriving on Friday near SPX 6408/09 on a gap down.

 

Thursday should see a 'b' wave rally then 'c' of C into Friday which is a 16 TD low and a Gann 32+1 low as well as a 101 TD low from the end of June, which is a 20 week low. 

 

The rally out of this low should be a strong C wave advance into the OCT 29 FED meeting likely getting us near that magical elusive 6800 barrier. A final irregular top should occur Nov 5, one day past the Mars opposition to Uranus (like the Sept 3, 1929 top?) on the full moon. This does not preclude any irregular topping past that date on various, sundry indexes in November.

 

The next major low should occur on the Gann anniversary date of January 13 and should rhyme with the April 7 sell-off as a 9 month low. A B wave top should occur around Dec 31-Jan 2 and then down a-b-c hard into Jan 13.

 

The next major low should occur in April with some kind of March top.

[GDA]

Very vivid imagination. It must be so nice dreaming about irregular tops.

[blustar]

A move to SPX 6725/26 to form wave [y] of Z of [z] expected early on a quick gap up Thursday. The [x] wave fell 112 pts today pointing to a hard move down into early Friday after Wave [y] hits early Thursday.

 

The support exists between SPX 6408/16 and the fib area .618 extension support is around 6423/24. My best guess is 6412 +/- 4 pts for the down side Friday.

 

The indicators are still showing negative divergences on any bear type rallies. Today is sporting a red Dogi Candle.

[q4wer]

weekend news from tariff should be the catalyst , which will drive the spx index 200 points lower on next Monday.