Indices & ETFs

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DTK flashes red mid-day… to be confirmed 2mrw.

I continue to sell into strength. @manch your decision to cry or laugh :man_shrugging:

Kind of weird to flash red for completion of 3rd wave.

Panda is fighting the Fed, the ECB, and all the other central banks in the world. You think some astro-EW voodoo can win over the big money printing presses going brrrrr 24x7?

Good luck with that.

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DTK is proprietary… not EW.

DTK red alert confirmed. Panda said top in 2 days. From my EWT, top for SPX is today. QQQ could peak a bit later. FANG week, Apr 26 week, is not here yet.

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So that means SPX will be lower in the next few months than today’s close? For the whole 2021?

What exactly does “top” mean?

I think it will help improve your forecasting skill if you write down, before hand, what exactly your prediction means, and more importantly, what scenarios later will tell you your predictions are wrong.

You need to improve your memory. This was posted on Feb 24.

Screen Shot 2021-04-14 at 8.23.18 PM

You are completely in bed with Panda now? His SPX analysis is yours as well?

:mage:

So your (and Panda’s) prediction is that SPX will be lower than today’s close from tomorrow 4/15/2021 til at least March 2022, with multiple (2-3) 20-30% sharp crashes in between.

Bold call. Let’s see.

I don’t follow nor trade SPX, just want to understand what Panda is saying.

You’re always loss :scream: Look like I need to integrate past posts and explain in excruciating details… thought this is taught in school :roll_eyes: … below paras: No new info :slight_smile: only integration of past posts… piece things together so to speak…

@pastora brought to attention, the existence of a Master Wu with a Panda handle. I read Panda’s tweets. Notice he made a bold call in Feb 24. Then he is extremely accurate in a few bear bets after that… this made him a worthwhile blogger to track. Although I don’t track SPX, has to do an EW count of SPX to compare with his EW count… I realize wave V of SPX is an ending diagonal starting from Mar 2020… re-post my EW count below (tons of efforts to remove all the other labels and fibs for clarity… hours! now I need to nag like @Jil )…

wave V is an Ending Diagonal
First thing first, wave V has five internal waves, 1 2 3 4 5.
From the chart below, you can see three wave structure for wave 1 and wave 3, and wave 5 which is the last wave (top) should be a three wave structure too… my ideal target is 4450 but… whenever a three-wave structure is formed, could be it2 and yesterday is a three-wave structure from wave 4, see 2nd chart…

Second chart… wave i, ii, iii is a three-wave structure! and DTK red alert confirmed!!! So this could be it. What follows… I have given price targets when @Jil asked (you can read past posts for that)… I didn’t bother to do any time analysis… bothersome because I don’t need since I just go to cash, track Panda and wait patiently…

Oh, one more thing… just to repeat… QQQ should at least hit 347-350 before peaking… I expect the earliest to happen is Apr 23 (yes, is a crash date) to Apr 26 week… then May 10 week, then Jun 23 week… still not sure why QQQ doesn’t sync with SPX. Sometimes, I have to wonder whether you will mix up with SPX and QQQ when I didn’t explicitly say is talking about SPX or QQQ… by context, should know but you ask f… questions… not very internet-savvy.

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NVDA FNGU SOXL are comparable with TQQQ :slight_smile: since Mar 8 low.

From chart below, obvious why don’t buy TSLA for trading… TQQQ is better :slight_smile:

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Well that did not go as planned. Is top for SPX today?

:smiling_imp:

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That is the wave b. You need to get used to EW lingo.

Like there’s always a reason why things in the past happened but can never predict the future?

:smiling_imp:

Do you realize I have no stakes in SPX? Probably this is the first time DTK fail :slight_smile: and count for QQQ prevails :slight_smile:

Below is what I wrote a month ago… note where I put wave iii at, 4250 :slight_smile: Now look at Panda’s latest chart (after my quote).

Yes, 4250… and he claimed timing is more important than price. Is more like his EW is not that good, now I know why he said EW only account for 15% in his decision making. At this rate, the final “top” price could be 4450 :rofl: Anyhoo, 4250 could be it (yes, any three wave structure could be it :slight_smile: )

17 days ago… Mar 31

Today… Apr 16… MRNA and BNTX beat TQQQ. They are exploding upwards! Likely for weeks, so this situation should remain for a few weeks.

Well, both SPX and NDX rose today. Topping next week then?

:smiling_imp:

Panda spoke. He bought SPY put.

@manch

Apparently, not crash yet :slight_smile:

Still believe in the EWT voodoo I guess?

:man_shrugging:

Suze said crash soon.

@manch

His indicator is DTK :slight_smile: Still can’t sink in?

DTK = astrology + EWT. Both are voodoo.

:rofl:

DTK has nothing to do with EW :slight_smile:

No need to be so hysteric. Panda said crash is 20 days after the next (after current) DTK. The next DTK has not flashed red yet. So plenty of time :slight_smile: