This is FF - for Swing and IT calls news is irrelevant, economics is irrelevant , but TA( summations, sentiment and yes even waves) works ..at least the TA I use ..
The economic stuff is very important but only for longer term.
I mentioned now we hit 3950 it gets more difficult - and I am out rest of today but I will look at my TA later for the few here who actually are interested in swing/IT and TA LOL
I probably won't get to video/charts today as did long one on bonds/crb/economy so here's my quick take ..then hope to get to TA tomorrow.
TOUGH CALL here for mon-tue now we tagged 3950 ..i've been looking over all the models to get a read ...
- the 'low risk' part of Swing drop is DONE
- we're now in the WINDOW for SWING UP ...BUT
- the Models are seeing VERY high odds We need a bit more TIME/bottoming -
- IDEALLY - We need to 'tag' 3900 area ...get some positive divergences and signals missing on ST model ..then turn up ..that is my 'ideal road map'
^THAT is the short term - beyond that ..this looks as said increasingly bearish on the IT and I believe the bear market is close to re-asserting a bit earlier than I expected, I still think we can get one more swing up from ^this 3900 area ...but , its not as certain ..and I definitely see less chance of getting back to bounce highs @ 4200 as I mentioned mid last week.
btm line - tomorrow into tue is likely bottoming action for the swing, i'd like to see a tag of 3900 and +div on ST model - then I see a SWINg UP .....trading wise I don't see a good trade/call from here - if
we get the setup I want at 3900 mon/tue i'll say, and look then to go LONG for swing up. If we don't get bottom Swing action here - then IT has also topped, and were in big trouble earlier than I thought, but
one step(swing) at a time.
PLEASE - if what I say isn't clear, tell me so I can make it clear .
Edited by EntropyModel, 26 February 2023 - 06:35 PM.
Question everything, especially what you believe you know. The foundation of science is questioning the data, not trusting the data.
I only trust fully falsified, non vested interest 'data', which is extremely rare in our world of paid framing narratives 'psy ops'.
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