Is the Bear market that began January 2022 over?

Discussion in 'Trading' started by margin_gamble, Aug 3, 2022.

Is the Bear market that began January 2022 over?

Poll closed Aug 18, 2022.
  1. Yes

    12 vote(s)
    23.5%
  2. No

    29 vote(s)
    56.9%
  3. Don't know

    11 vote(s)
    21.6%
Multiple votes are allowed.

  1. Next time you post trades of this noentry/exit type, pray go for higher numbers. for example, instead of a mere +15 ES points go for 200 points. Don't you have any ambition, Man? LOLITA
     
    #431     Aug 18, 2022
  2. if we do make our way back down on the daily charts... please know its just the 4th wave correction as part of the larger 1st wave up from the bottom on the daily
     
    #432     Aug 18, 2022

  3. OK, I accept the challenge. But pls be a soldier of substance and put your c**k on the line by posting a wave numbered chart. If you don't do this then you are just a nincompoop toying with vague sh*t. Number the waves as you see them.

    Do it now, Mr. Glib. You've been a p****Y your whole life here at ET. Get your ruler out and fence with me.

    :)
     
    #433     Aug 18, 2022



  4. [​IMG]
     
    #434     Aug 18, 2022

  5. Cat got your tongue? Where's the chart? Say what, no chart? Scared to put your chart out in public and have me lafffff my ass off at your 4th wave? :) Don't worry, my expectations are very, very, very low about WAVE users here. Just post it.
     
    #435     Aug 18, 2022
  6. just wait till you get a double positive minor McClellan oscillator change after the close today...
     
    #436     Aug 18, 2022

  7. I don't do McClellan. Tried it once and drop kicked it out the window
     
    #437     Aug 18, 2022
  8. 1st wave up..... waiting on 4th wave correction now

    [​IMG]
     
    #438     Aug 18, 2022
    Wide Tailz likes this.
  9. Wide Tailz

    Wide Tailz

    Completely agree - that count is flying under a lot of radars and it's totally possible. Here is a closer look at how it could be a series of compounded waves.

    The rules of elliot wave:

    1. Five waves up (impulse wave), three waves down (corrective wave)
    2. Top of wave 2 is always below bottom of wave 4
    3. Wave 3 is never the shortest.
    4. Wave 1, 3 & 5 are impulse waves with five waves inside them of smaller magnitude
    5. Wave 2 & 4 can be any zigzag spaghetti bowl of overlapping crap that is hard to trade
     
    #439     Aug 18, 2022
    EqtTrdr likes this.
  10. Overnight

    Overnight

    What do you mean you are waiting? You keep saying it is zero-risk free money! What is there to wait for?

    So you, like margin_gamble, do not REALLY believe in your own thesis. Margin believed in the bear dropping to Great Recession lows, until he did not and bailed after Martingaling into his loser, and bailed at first sign of profit. Because he got scared after dumping millions into his failed trade. He did not really BELIEVE in it.

    You are doing the same thing now. You keep showering this forum with zero-risk trades and free money, but do not have the balls to enter a trade until you get a wave confirmation?

    Sad.

    If you had the gumption, and REALLY believed in the BS you post here on occasion, you would just long right now, and have not a worry in the world.
     
    Last edited: Aug 18, 2022
    #440     Aug 18, 2022