Indices & ETFs

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Anti JC :grinning:

My comments are true speculation and guess, as it is very difficult to predict market well ahead.

Yes, my partner already forwarded JC comment.

I can not 100% say at this time. What FED will do and what market will do, I may not know at this time.

Until then, all speculation that can go any way.

Who knows JC can be right too this time.

JS too old for stock market, go with JC ! At least one time, I want JC to win !!

He added :grinning:

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Use closing price.

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Is he argue for index investing?

One 100 bagger and 9 that lose 90%, end up with 10.9 :sob:

Mauro’s EW count predicts bottom is in Mar 2023, consistent with market consensus that Fed would pause in Mar.

Update.

Above is daily chart. Hourly chart indicates a technical re-bounce early next week.

Mauro’s style of posting can be confusing, posting daily and hourly charts without clearly saying so.

Is a 2hourly chart. Don’t mix up with the daily chart.

Fintwitters
Some in denials e.g. Dillion
Some in capitulation e.g. Puru
Some in Anger e.g. Ross Gerger

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Apparently, structure of price trend is more important than fib ratio. My EW knowledge needs to be updated :thinking:

Your new idol after Panda and Puru? Whatever happened to Panda?

Be open minded. Learn from people. I realize EWT is still evolving. Much to learn from EW practitioners.

Refer to 2h chart in previous post, bearish W3 (use 2h chart) didn’t materialize, shot up instead. So Mauro commented below:

However, still within target zone of wave 2.

Refer to daily chart below…

So what did you learn from this guy?

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How to trade using EWT. Also, learn from Knox. Following Mauro and Knox, I realize I know very little about trading.

Breaking news :slight_smile: Red or Blue pill?

Another bear. Fin twitters are full of bears. Where are the bulls? Only Tom Lee?