So it looks like we breached the Feb. lows on both DOW and S&P

I do very much like this thinking, dear eurusddzn! An excellent big game hunter knows very well that he can become the prey anytime. And he's fit and prepared to face any beast, be it bull, bear or great mammoth revived from the old ice ages!
 
eurusdzn said:
A lot of what will happen in the market depends on what happens in the future

I think it could go either way.
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Expert ...wisdom and advice and approach and tactics ...Trader...
trader.jpg
o_O, :confused:

Neuroway said:
An excellent big game hunter knows very well that he can become the prey anytime

And he's fit and prepared to face any beast, be it bull, bear or great mammoth
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Good advice and wisdom...don't gamble or assume.
Be calm, and patient and clever and open-minded and malleable...for any given, potential situation, as you see or perceive it,

Things may or may not happen...on your given time scale, or not exactly on your time scale, -- and you have to be able to realize what's happening and unfolding in real-time, and apply and hunt for that given scenario, to extract maximum meat and payload,
 
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I'm thinking at least 3 to 4 more weeks before a "possible" bottom and around 2400-2500 ish
fine-tuning the closer it gets. Trumpie shoots his mouth a lot more maybe we get there a lot quicker .... and a lot lower:
SPX projection.png
 
Saltynuts said:
Suntrader, many thanks. I'm trying to understand the chart you posted. What do the drawn horizontal lines represent? Thanks!
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The black ones coming from the far left are possible supply support zones. The red and blue ones are EW fib projection levels. We are in wave 3 of 5 of a higher level Wave C. Wave 4 and 5 to go for a Wave C bottom completion. The other thicker red and thin green ones I should have edited out for clarity.
 
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