MQP PRESENTS - 1780 AROUND 3/21 IS "THE" LOW
HEADER - This is an update to last post (the prerequisite).
SUMMARY - The big difference here is May-June price action, my regressive wave breakdown say it's go time. That is to say that July-August correction should be from a high of 2150, maybe higher (as opposed to topping 1980 in April)..
DETAILS - So same strategy as before. Long 3/20 to 4/20. The difference here is, LONG AGAIN 5/20-6/20. The moves are roughly 200 and 250 respectively with check down in between (local wave 4 in EW) is looking like 70-80. Posting from my phone bc it's important to get this up now.
SUMMARY - The big difference here is May-June price action, my regressive wave breakdown say it's go time. That is to say that July-August correction should be from a high of 2150, maybe higher (as opposed to topping 1980 in April)..
DETAILS - So same strategy as before. Long 3/20 to 4/20. The difference here is, LONG AGAIN 5/20-6/20. The moves are roughly 200 and 250 respectively with check down in between (local wave 4 in EW) is looking like 70-80. Posting from my phone bc it's important to get this up now.
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a) in CURRENT (meaning today, this hour of posting) extrapolation, the 3/20 to 4/20 long is dead on favorite NO MATTER WHAT HAPPENS FROM THEN ON
b) in the BEAR scenario, 1960 has to hold in APRIL AND JUNE
c) I would handicap the bear scenario as 1 in 6 or less