Indices & ETFs

Hah! Still too many retail btfd and big funds are selling on rip for rotation. I feel bad for retails on social media following furus who keeps on saying to btfd. :face_with_head_bandage:

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Ha ha ha…her is type of Here (read Here it is…)

Make sure you are checking GSPC and not NASDAQ 100. ==> Today, it is correcting heavy…yeaaaaaahhhhhhh, we are getting the bottom today…no more correction…Yeeeeaaaaaahhhhhh, getting to the end…

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@manch

Please get Master Wu to change her prognosis.

Black Friday?

:skull_and_crossbones:

Was thinking about buying more TQQQ, but maybe too early…

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Let it happen. I’m glad Biden is not tweeting about the stock market. Market is going back to reality. SPY 368 has strongest support…hopefully that will be a bounce or consolidation there. But…if the market really believes reality is setting back in…I don’t know…it could dive further. Many non-tech and small caps have run up so big already… :thinking:

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Did not notice AAPL already down 18% from ATH. Teetering on bear market. Same for AMZN. GOOG and FB green though.

I’ve been raking it in with my QQQ, DASH, LMND puts all getting executed.
Been dripping into TQQQ.

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All minor support/profile broken. Next up SPY 365-370 range. Let’s see it!

Market bottoms today - end of correction - and will crazily jump tomorrow, Monday and Tuesday…

If my Algo is right, today is the bottom of correction…By Mar 10th QQQ must be $325+ and SPY must be $390+

BTW: This is posted for discussion/fun purpose, not a stock advice, nor financial advice, viewer must act on their own, not to trust this post.

Learnt lot of lessons this time, trying to restrict my updates as market will be boring hereafter

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Bought a few hundred more TQQQ.

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Never say die :slight_smile: I have 1000+ My biggest regret is to unload SQQQs too quickly, I bot lots of them anticipating the dive… underestimate how deep it goes. Afk to cut tree branches and notice QQQ touches 300.11, a hairline above 297 :scream: Now is about the same price before afk. Afk is good, spare me any agony of watching the dive.

I like the recovery from 300.11 so far, feel impulsive. If it clear 304.41, is all go.

Well, for QQQ, I agree with you. No idea for GSPC and SPX… didn’t follow closely… ditto for TSLA… also no clue…

300.11 a hairline above 297… so believe wave iv.( c) has completed. If it goes lower than 297, prepare for a prolonged bear market… which even Master Wu didn’t think so… not yet… May/Jun… two-three months more… @manch, are you doing anything or ride the real bear market? Take note of Master Wu forecast, no joking matter if turn out true.You have two months to consider… make a wise decision…

We don’t need you to share our joy. Only need you to share our agony :wink:

Edit: Correcting the five waves impulse now… re-bouncing after hitting 38.2% retracement…
Edit2: Five waves back down??? Not good… touching 50% retracement…

Did you go on margin aggressively? BTFFFFF… D

Yes!

Master’s red line was breached but the purple line holds. For now.

:skull_and_crossbones:

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SPX

According to Master Wu, correction is not over price and time wise. Monday and Tuesday are the real show… @Jil takes note… DOWN not UP, just in case you didn’t read his memo.

Screen Shot 2021-03-04 at 3.27.20 PM

According to my fast follower chart, price wise appears to be not complete… zigzag usually in the ratio of 1:1 1:1.618… Passed 1:1 and not yet 1:1.618… see chart below…