I seen Harry Dent's video after I did my video, so NO he didn't influence me. Mine was based solely on the print at first, and then I went and looked at the monthly chart, and it looks like it would be a perfect backtest of the broken trendline.
So, technical analysis do back up the possibly high around that date. Of course it could also be a low, and a high would then happen later this year. Just trying to put the pieces together, but no way to know for sure?
Red, I just got introduced to your site the other day. I must say I do find it very interesting. Anyway, my question is: your video calls for a topping point arond 11,800 on the Dow in late June due to the prints. It just so happens that Econominist/book writer Harry Dent calls for one last push higher into late June and frequently mentions 11,800 as a possible top before the crash. I don't subscribe to his news letters, I just periodically catch him on youtube, etc…I'm just wondering is your call and Harry's call being the same is a concidence or do you draw some influence from him?
SPY Plan update: – 60min looks like rising wedge – entry point just under 108 or over 109.50 – inverse H&S still in-play – break 109.50 is confirmation, break 106.75 cover
oh shoot! that's painful I hope you were hedged!
🙂 thanks Jim I wish you to bank mucho denaro!!
You got room for a homeless dragon? LOL
We are going up….. buy all pullbacks.
I seen Harry Dent's video after I did my video, so NO he didn't influence me. Mine was based solely on the print at first, and then I went and looked at the monthly chart, and it looks like it would be a perfect backtest of the broken trendline.
So, technical analysis do back up the possibly high around that date. Of course it could also be a low, and a high would then happen later this year. Just trying to put the pieces together, but no way to know for sure?
I am slow moving into long positions. After yesterdays swing and today news. Do not want to chase. but now s&P breaking 1090.
Looks like Anna called it.
You will be really wounded then!!! not good!!!
Red, I just got introduced to your site the other day. I must say I do find it very interesting. Anyway, my question is: your video calls for a topping point arond 11,800 on the Dow in late June due to the prints. It just so happens that Econominist/book writer Harry Dent calls for one last push higher into late June and frequently mentions 11,800 as a possible top before the crash. I don't subscribe to his news letters, I just periodically catch him on youtube, etc…I'm just wondering is your call and Harry's call being the same is a concidence or do you draw some influence from him?
SPY Plan update:
– 60min looks like rising wedge
– entry point just under 108 or over 109.50
– inverse H&S still in-play
– break 109.50 is confirmation, break 106.75 cover
thanks anna