Like a bat out of hell?

2023年2月4日

Further to my post on how the market could (Probably) most efficiently gain liquidity from bear stop losses and new chasers of the bull that, here's the big bat spike out pattern that could form and support this hypothesis.

Here was the bat into the final high of 2007.

2023年2月6日

註釋

I'm long 4100.
Stop 4025.
Target 4800.

2024年1月19日

交易進行

Sell limits for this are now filling around 4850.

2024年1月24日

註釋

I think a bit early. More limit orders set at 5200 - 5400.

Have longs on now for possible final spike up.

2024年2月2日

註釋

If this is right we've recently seen the penultimate pullback before the actual high.

The forecast would be a lot of momentum into the high if this setup is in play. Somewhere around 5200 in SPX.

2024年2月7日

註釋

Sizing up bets on this pattern completing now while we've just shy of 5,000.

Target for short given in the OP is around 4900 and I think this might be a stop run above that level.

Will bail out so fast if we don't see sellers, but engaging a lot currently.

2024年2月15日

交易進行

Really loaded up my bet on this pattern on action above 5000 SPX.

2024年2月29日

註釋

I forgot to update the harmonic after more context. The swings I drew originally can be done a bit better now we have more to work with.

The wouldbe bat pattern was broken which would give the evolution to a crab pattern.

We're now in the PRZ for the crab.



Confluence with the butterfly.

If a turn comes here, it's going to be brutal.

If a break is made here, plain sailing for the bulls for a while,

2024年2月29日

註釋

Most of the spike out tolerance zone for a bear top has been filled now.