For all good people: Mini Crash next 2 days!!! (my personal view).
It seems, today or on Monday, at least 1100 SP500 will be hit...
Otherwise, move down must stop here...
Hmmm... this morning rally can mean only this: crash is guaranteed in next few days :)...only dynamic is an issue... ENJOY the waterfall...
Dear Ivan,In what time framedo you think we shall seecrash?Thanks Very Dear Friend
Dear Boris, if we really have crash, it will happen in next few days.Crash is maybe hard word.. 60-70 SP500 points in few days is something we have witnessed many times this year...
Ok, agenda seems to be known now...Next Tuesday is new important EU meeting... So, waterfall into Tuesday and STROOONG rally afterwards!
I tend to agree and we have told our subscribers to look for a (mini ) crash probability, but that was some 100 pts before this decline.Now, our crash( pressure ) indicator is in the crash territory, but it maybe over, already. In any case, any new lows monday, will probably cause another (mini) crash, into Tuesday , that probability exists, but is lower than a rally from here. Yet, as I said , it is not if one expects/knows or does not know crash coming, but it is how does one trade it!Thanks and Good Trading Very Dear Friend
Dear Boris,we disagree only in probability percentages :)In my view, probability for continuation down on Monday/Tuesday is 95%.Good Trading
Dear Ivan,It could have gone either way.Thanks though,for being gentleman.Good Trading Very Dear Friend
At the moment, SP500 = 1260.High probability theory says: now to 1220 in next 20-30 hours, and up afterwards... Let's check this :)It this really happen, it will be interesting to hear what was the justification...Good trading
What happened to the Dec2 minor high??
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