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snootmagruder

08/19/22 11:05 AM

#10011 RE: NASARAVI #10010

Ravi,
The purple arrow is set at the same angle as wave "A" and hits about Sept 23
As a note, triple witching is Sept 16 and should be watched for manipulation
as they don't like to lose. as we get closer to witching, max pain over or under current target should be used to try to follow their delta hedging
EDIT: I sure wasn't the first to see the 200 DMA as a top target.
http://stockcharts.com/c-sc/sc?s=%24SPX&p=60&st=2020-03-02&en=2023-06-01&i=p37096076285&a=256257406&r=1660921138954&r=1660922004478