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Friday, October 29, 2021

SPX Update: [Title Goes Here -- remember to change this to an actual title before publication!]

Last update suggested that some backing and filling might be in order, and that's what we've had since, with SPX running sideways since Wednesday's update:



I mentioned on the chart above that it's not entirely impossible for this to be a completed wave -- IF, and only if, the mess near the low was a running triangle.  That's probably an underdog, so we're presuming the trend remains up for now, but it's worth at least knowing the possibility is there.  Blue "bull: iv" could have completed at 4551 SPX, or may become more complex and head toward the lower label on the chart above.  Other than that, not much to add.  Trade safe.

9 comments:

  1. As well as remembering to add a title to this post (like you mention), its probably worth remembering to check your emails (which I think you haven't checked for several months if not years) as well as comments on your posts. Its pointless having a comments section on posts if you are not reading them as the moderator.

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  2. Maybe that’s why my account hasn’t been approved yet. :)
    Username is scarey.

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  3. WC. Dont waste your time or hold your breath. I have no idea what type of way , the owner of this blog is operating. Anyone who has a blog does basic things like either check messages from his contact form or check blog comments. This guy does neither. Just seems very very amateurish. Thats my opinion. In fact you have to say con level. Anyone who asks for money/donations in return for something (is blog forum access) ....but then doesn't give access (after years of messages and donations s) has to be quite simply a con artist. No other way to look at it

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  4. We’ll, I’m not sure about that. He could just be really busy, or not seeing the messages. Hopefully he can take some time to approve my account. He seems to know what he’s talking about so I’d like to follow him a little closer.

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  5. Understanding the markets v website admin are two completely different skills.

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  6. So let's mark the date. 29th Oct 2021. I would guess in a month and more, you still won't have your account approved. A month . That means for 31 days, he will not check or reply to any messages. Is that someone who knows what they are doing from an admin perspective? I don't think so. Write a letter to Joe Biden. He will respond quicker than that

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  7. yeah. Also if you shorted a few weeks ago (not that I did) like was posted here (think he referred it as "as good as it gets" set up for a massive waterfall decline, then you would be eating humble pie. Just like he mentioned. So I think the rally from 4350ish up to 4600 (250 points.......working against you) is kinda bigger than todays 35 point low to high move. If my simple maths is correct.

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  8. Plus, I made a donation. :). So I should have access.

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  9. What’s his approximate number for the Bull 5?

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