Life and the Universe move in cycles:
Big Picture SPX (Cash) S&P 500:
Completed the 40 Year Supercycle Wave 3 top now making a Supercycle Wave 4 Bottom in 5 Major Sub Waves Down then upon completion of SuperCycle Wave 4 bottoms and turns into SuperCycle Wave 5 to retest the All-Time-High Emini Futures 2947 SPX Cash ATH 2940.91 and equal% probability of a 1.618 X SC1 to SuperCycle Wave 5 Upper Target of 3455 in 2021/22 timeframe.
https://www.tradingview.com/chart/SPX/35...g-Average/
Supercycle Wave 4 will bottom in early 2019 then begin SuperCyle Wave 5 Run up in time for POTUS Trump re-election Campaign so Trump is either lucky or has a Market TA that understands this and will take credit for the continuing booming economy even though the Progressive CPUSA demoncommies are doing everything to derail it after the midterms with an early 2019 SCWave 4 bottoming around the swearing-in of Pelosi and her Progressive Caucus CPUSA DSA Chinese Red Communist sympathizing "No Border - No Walls - NO USA at All!" chanting problem children.
In the meantime, the markets will do what they are supposed to do and this knowledge allows multiple Profit Opportunities:
Green is the SuperCycle - Purple the Major Subwaves and Orange the Minor Subwave targets of Major Wave 4 five Subwaves in direction of Trend (Still Down) and Major 4th Sub 5th broken into a further 5 Subwaves (Orange) with targets beginning next week after New Year's day:
https://www.tradingview.com/chart/ES1!/5...o-5-Waves/
I have picked up a nice bunch of SPY 230 and 220 Feb 2019 Puts to capitalize on this move... laddered in and bought most of the 220s for $2.00 then laddered a fist full more down to $1.60 per SPY PUT Option so looking for a 3X to 4X on the Orange impulsing sub-sub-subwave 3 down to the 23% ATH S&P Market Correction institutional target of 2267 next week.
Happy KaChinging New Year!
NOTE: These discussions and any associated thread posts are not intended as investment advice in any way shape or form and are mentioned for informational purposes only now that we are entering a Major 40 Year S&P Supercycle Wave 3 to 4 Top Turning Reversal the Supercycle Wave 5 retracement. Seek competent professional advice to determine your risk tolerance before trading Options or Futures contracts. Never invest more than you can afford to lose.
Big Picture SPX (Cash) S&P 500:
Completed the 40 Year Supercycle Wave 3 top now making a Supercycle Wave 4 Bottom in 5 Major Sub Waves Down then upon completion of SuperCycle Wave 4 bottoms and turns into SuperCycle Wave 5 to retest the All-Time-High Emini Futures 2947 SPX Cash ATH 2940.91 and equal% probability of a 1.618 X SC1 to SuperCycle Wave 5 Upper Target of 3455 in 2021/22 timeframe.
https://www.tradingview.com/chart/SPX/35...g-Average/
Supercycle Wave 4 will bottom in early 2019 then begin SuperCyle Wave 5 Run up in time for POTUS Trump re-election Campaign so Trump is either lucky or has a Market TA that understands this and will take credit for the continuing booming economy even though the Progressive CPUSA demoncommies are doing everything to derail it after the midterms with an early 2019 SCWave 4 bottoming around the swearing-in of Pelosi and her Progressive Caucus CPUSA DSA Chinese Red Communist sympathizing "No Border - No Walls - NO USA at All!" chanting problem children.
In the meantime, the markets will do what they are supposed to do and this knowledge allows multiple Profit Opportunities:
Green is the SuperCycle - Purple the Major Subwaves and Orange the Minor Subwave targets of Major Wave 4 five Subwaves in direction of Trend (Still Down) and Major 4th Sub 5th broken into a further 5 Subwaves (Orange) with targets beginning next week after New Year's day:
https://www.tradingview.com/chart/ES1!/5...o-5-Waves/
I have picked up a nice bunch of SPY 230 and 220 Feb 2019 Puts to capitalize on this move... laddered in and bought most of the 220s for $2.00 then laddered a fist full more down to $1.60 per SPY PUT Option so looking for a 3X to 4X on the Orange impulsing sub-sub-subwave 3 down to the 23% ATH S&P Market Correction institutional target of 2267 next week.
Happy KaChinging New Year!
NOTE: These discussions and any associated thread posts are not intended as investment advice in any way shape or form and are mentioned for informational purposes only now that we are entering a Major 40 Year S&P Supercycle Wave 3 to 4 Top Turning Reversal the Supercycle Wave 5 retracement. Seek competent professional advice to determine your risk tolerance before trading Options or Futures contracts. Never invest more than you can afford to lose.