Is the Bear market that began January 2022 over?

Is the Bear market that began January 2022 over?

  • Yes

    Votes: 12 23.5%

  • No

    Votes: 29 56.9%

  • Don't know

    Votes: 11 21.6%
  • Total voters
    51
  • Poll closed .
Putting thread back on track by keeping in mind that this is a major BEAR at 2 degrees of Trend and the curveballs that will be thrown at me to obfuscate all sorts of things and tend to throw one off course and track

So, as per thread title, the only truth we have, given no live entries by anybody at ET is

Whole site except for 29 individuals have called this a new bullmarket. this includes Nine_ender to whom there is no top and bull market never ended in the first place.

WE will go by this truth only. Overnight and his entire gang are in this camp.

 
Hows that 3rd wave going today?

surf_01-picture-id91690032


Hell, who needs a chart, a TV, or even a friggin' internet connection.... when you have an idiot this clueless saying day in and day out the market is gonna crash....

>>>BTFD!

vanzandt said:
Because the savant knows all......
More...
:finger:
 
Reminder: SPX daily as of Aug 24th, 2022 10:13 AM .... no change in stance

Wave down underway

23.6% red dashed line is a major monthly support line. Calls the shots. Powell is just something in the physical realm that conforms to this monthly support. the support is key, the coincidences are what the Media uses. So they are waiting for Powell. But yours truly knows better. The juice of the monthly support determines when the continuation downleg materializes.



SPX daily



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ET old timers are most welcome to pour their hearts out at this juncture. Overnight, Wide Tailz, vanzandt et al ...... come in and state over and over and over again how this is a bull-market and how my Wave 3 is hocus-pocus. :) Express your emotions emphatically. don't hold back. calling me an idiot is mild. Step it up, go full tilt. I already know how Overnight feels. He has expressed the following about the bear market rally call and the BEAR taking out he June lows and plunging lower = absolutely, stupendously ridiculous.

Other ET old timers are encouraged to use bombastic adjectives to describe the folly of yours truly. Please come in and pour on the coal.

We need a record of the EMOTIONAL FORCE prevalent in the HERD of ET old timers.

then when its all over and the June lows have been taken out even any remaining dopey ET-er will say, "the old timers are a bunch of total yahoos dragging this site down to the gutter for years if not decades"

This is what I am after! :):D

If its me who is wrong, admission comes up right here in bold print by MYSELF. :)

Let the GAMES continue. All aboard!!!! :thumbsup:


SPX daily

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SPX daily ........... no further need to keep old grids showing so chart has been cleaned up to utter simplicity. No clutter, the way I like my charts. When you see clutter it is very temporary and means I am working on some systems, one of them right now being a moving average crossover system but I keep these as a side study and onlyplug it in if/when I want to work on it.

Generally speaking when I trade/invest, my charts are clean.


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NVDA missed, CRM guided down.... and yet SPY & QQQ didn't budge, they're even up a little.

Yeah... shorting this market is a real good idea. :rolleyes:
 
WAVE 3 ..... what it looks like in real life





For those intrigued by all the talk of Wave 3 and not knowing what it looks like in actual practice, best nearest example is the Financial Crisis of 2008 ........... Oct 2007 - Mar 2009

Note how the 1st bear rally wave (aka Wave 2) retraced 61.8% approx and had the vanzandts glee-ing in xtasy that the BEAR was over. They went on and on until in vanzandt's case, Destriero once again came down from the mountains and growled low frequencies in vanzandt's ear.

Vanzandt then slept like a baby thru' the entire wave 3 and woke up asking Overnight months later in wave 4, "wtf just happened to the world?"

The countless dumkbphucks calling for the BEAR to be over were set up so nicely in the trap of traps like they are being today, look at the shellacking they received. Yikes!!!



Behold Wave 3 in action.




upload_2022-8-24_15-19-30.png
 
WAVE 3 giving yours truly goose bumps in anticipation of what's coming soon to Planet EARTH that only no more than 10 people worldwide are prepared for but none more prepared than yours truly hissssself. Yours truly is the only one who knows the true extent of the verve, zippeldaengo of the Wave that breathes with fire. Just looking at this wave in real time action can blind a fella, shock him and send a thunderbolt to the transverse colon that will cure constipation in a heartbeat :):D



The SPX chart shows the subdivision waves of WAVE 3 in purple (1) - (5)




upload_2022-8-24_15-34-45.png










 
The recognition phase of the Wave 3 is from the top of (2) to the low of (3)

The middle portion of Wave 3 is called the 3rd of 3rd and has an even more gorgeous name for the layman ............ its called the recognition wave phase .......... it is during this phase that the vanzandts of this world drop sauages left and right and utter, "we are truly f%^%ed!"

There is no escaping the 3rd of 3rd once its upon us.

This 3rd of 3rd is yours truly's magnificent opportunity to surf because it is fast, thorough, power packed jut full after burners on full tilt, nothing is held back, full throttle

yours truly will enter this arena with 30,000 shares short on AXP and another sh*tload on QQQ and ride it and exit at the (3)



upload_2022-8-24_15-45-42.png






 
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