Market is too big at $300B level per day. US everything is computerized and changes light speed. Anything can happen any time with lot of uncertainty around the world.
With all these, it is pretty difficult to predict with few lines or by a computer etc.
Human bias and greediness makes it very complex.
It works sometimes but not always ( including for me ).
Those top killers are not using EWT 
Is proprietary, I don’t how he computed them.
Looking at the daily chart. SPX looks short-term bearish. QQQ looks ok. Caveat: Didn’t do any in-depth EW analysis. Just eyeball. Both SPX and QQQ are above 100-day EMA, so don’t expect multi-week uptrend to change… just pullback… drawback… whatever.
I don’t follow SPX but because of Panda, I need to check it now and then to see what he is saying. What his 1/2hr-2hr top killer indicating is merely acknowledging that 3994.41 is wave (1), wave (2) to be completed by Friday (not unreasonable). Tempted to long SPX calls aggressively should that happen… 10x return in one week? Possible 
Put in 100K and make a mil in a week?
SPX or GSPC are the main market that creates wave. The NDX or IXIC are subset of it which goes up and down along with GSPC, may be slight skew with it.
Second SPY and QQQ will not provide real detail as they have dividend portion…etc
Best is Monitoring SPX or GSPC important for traders.
Watch out…Greediness kills …
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Closed below Anyhoo, AH action is pretty bullish 
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that PM is just as bullish 
$334 next week could still be possible Equivalent TQQQ ~$102
Target of inverse H&S is QQQ ~357, TQQQ ~116
For elliotticians, my count for SPX differs from Panda and those talked about on the web. After many agonizing hours trying to fit five-wave structure impulses into wave 1 and 3, I realize wave V is an ending diagonal. Wave V starts from 2191 in Mar 2020. Target of wave V is 4450, a lot higher than Panda’s 4141. Anyhoo, let’s whether Panda DTK alert comes around 4141 or 4450. Holding my breath.
For @manch sake or any1 who have bad pattern recognition skill…
Multi-year trend (wave V) = Up
Multi-month trend (wave 5) = Up
Multi-week trend (wave iii) = Up
Multi-day trend (wave …) = your guess. Depending on whether wave (1) is completed or not.
If wave (1) is not completed, multi-day trend (wave (1)) = Up
If wave (1) is completed, multi-day trend (wave (2)) = Down
Daily chart
Hourly chart
And everything will turn upside down in May? Or that’s Panda’s analysis you now disagree?
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Wow… your pattern recognition ability is that bad? Weeks ago, I added my count on Panda’s chart. no change in my count and my comment vs Panda… can’t recognize progress of the same count? Same pattern, added something already can’t recognize?
His is also wave V = up and wave 5 = up. So are most of the counts on the web. The difference is theirs are five-wave structure, mine is three wave structure for wave 1 and 3, and at what price are wave 1 and 3 are also different. My chart has shown that long ago, decided to say it explicitly in English.
Just last week I posted a chart on SPY indicating how to compute time. SPX and SPY has identical count. So the time for completion of wave 5 for SPX is from May 11 to early Jul. In fact, the count for wave V and wave 5 has not changed for weeks! same picture, just added progress so far, already can’t recognize?
Last week chart on SPY.
Last 2 days before Panda was telling 65% chances it may go down. Had I believed it right, I would have lost the gains. Within last 2 days, the TQQQ jumped from $87 range to $95.50 almost 9.5% jump…
We need precise timing for trading which is what I try to get it…hmmmm, not yet done…
So Panda said May and you say most likely June, July at the latest. After that things will 
Correct?
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Since you ask the same question, cut n paste
If not?
Minimal is to correct the impulse from Mar 2020. This could be it because of Fed put! Prepare for the worse (century corrective wave), hope for the best (only correcting impulse from Mar 2020).
OMG, SOXL beats, since mar 8th, double time against TQQQ, kudos to hanera ! Just added SOXL in my monitor list !!
I use to trade SOXL, look like I made a BIG mistake to shift to TQQQ!
