Indices & ETFs

Chart is saying nothing of relevant. After many years, many things change. How the study is able to isolate changes due to those?

Updated SPX hourly chart tracking Panda and DTK.

While SPX indicates likely decline on Monday-Tuesday, QQQ seems poise to rally from Monday-Wednesday… btw, I have updated labeling to be in sync with SPX i.e. I decided that SPX read is correct, my previous read of QQQ is too optimistic… SPX should peak between 4244-4274 while QQQ should peak between 350-370. Have to monitor closely whether the retracement is…
a. Retracing impulse from Mar 2020 - confirms when decline below 318
b. Century wave [II] - confirms when decline below 236

The nominal rate of returns means nothing. Taxation is a transfer of money from one person to another. If money is transferred from a more productive person to a less productive person (which is what socialists do anyway. ) I do not know how one can prove prductivity and returns are not hurt. The number you produce lie just as good. The loss comes through opportunity and purchasing power

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Did you forget about the face-ripper?

https://twitter.com/carlquintanilla/status/1387209063793106946?s=21

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This probability is low.

Not according to your ex-idol Cramer.

Panda is risking his life traveling… no DTK red alert. What! After I have closed all position! Look like is going to be May 10 week (most likely May 11)… meanwhile, just relaxed.

Screen Shot 2021-04-28 at 11.44.09 AM

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SPX finished flat. FB and AAPL are ripping after hour.

Told you EWT is voodoo.

:-1:

You mean Panda EWT skill or his DTK is no good? His DTK is pretty good. His EWT knowledge is rudimentary. Everything is in my expectation. So…

You need to be precise and not make generic statement. You want to make a point, be very clear and point out where precisely is wrong… or I have to assume you are not able to follow Panda’s tweets or my comments.

7 days ago, I commented on Panda’s forecast of W-4… W-4 should be an expanded/ running flat or a triangle… it appears to be an expanding/ running flat so far…

Precise statement is as Cramer said, you are absurd to call tops.

DTK is snake oil and EWT is voodoo.

:smiling_imp:

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Do you realize you post the same article by Jim Cramer as me? Immediately after me. Go and read it.

Read what Panda said again… he didn’t say is top yet!!! No 2nd DTK red alert, he also said can’t be in Apr, … he said top is not higher than 4256!!! Is not there yet. I always shook my head at your comments… luckily I didn’t graduate from UCLA or Univierty of Minnesota.

Sure. Not there yet. It’s a whopping 1.7% away from today’s closing.

Are you sure you don’t want to change your position?

Thank you for admitting that you’re wrong without explicitly saying so.

Below is the relevant Panda’s post. Absolute max for SPX is 4256. And top won’t happen in Apr. Also, need to wait for the 2nd DTK red alert.

Refer to my charts posted so many times… going for a walk now :slight_smile: Below is the weekly chart for SPX… where is the top :slight_smile: My absolute final final top is 4454 :slight_smile:

Updated tracking of Panda’s of SPX and his trading actions.

Obvious but may not to some, wave four is impossible to predict so any labeling of wave four count is tentative…

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Closed at 4211 today. 45 more points or a bit over 1% higher.

Are you ready for apocalypse?

:scream:

Cramer is not impressed with top callers.

didn’t @hanera say 4454 by his prediction? I think he’s relaxed

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@manch didn’t do any preparations so he is hoping… the critical point is 2nd DTK red alert and not whether the top is at 4256 or 4244 or 4454 or this date or that date. Also he doesn’t understand the rationale for Jim Cramer or many trading pundits think calling for tops is a fool’s errand.

what if second DTK happens before panda comes back from vacation?

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Remember top takes 2 CDs after red alert… only one trading day left before May 2 and crash may not start immediately after top… anyhoo, supposed to have one more quick decline and one more rally… SPX has yet to make a quick decline yet.