F
fibo_trader
Combining the SPX daily chart with the SPX/Vix chart I therefore believe that once the trendlines shown are both broken, we could be on our way down south in Wave 3.
Note: some fellas, especially the uneducated ones like counter-violent, who constantly prove that a little knowledge is a dangerous thing when he tries to call me off on some wave counts
The grid discussed in the SPX/Vix chart and the comparison with the SPX was for the time period March 2009 to Feb 19, 2020 top. The was the grid because we were looking at the drop in the coronavirus crash. That reatracement by SPX was to 38.2% and SPX/Vix to 88.3%. But the market has moved on higher since so the current grid is at November 2020. So if you look at where the coronavirus wave crash ended it is now close to 50% of the grid from 2009 to Nov 2020.
Kapiche!!!
I take the trouble to point this stuff out now because Sharky took away all counter-violent's virus priveleges to come into my threads and spew ignorance all over the place and cause me to have to wear a mask and do social distancing. Now that he is gone, I will explain these things because Sharky said to me, "it won't be fair if these viruses are not here to defend themselves!"
Note: some fellas, especially the uneducated ones like counter-violent, who constantly prove that a little knowledge is a dangerous thing when he tries to call me off on some wave counts
The grid discussed in the SPX/Vix chart and the comparison with the SPX was for the time period March 2009 to Feb 19, 2020 top. The was the grid because we were looking at the drop in the coronavirus crash. That reatracement by SPX was to 38.2% and SPX/Vix to 88.3%. But the market has moved on higher since so the current grid is at November 2020. So if you look at where the coronavirus wave crash ended it is now close to 50% of the grid from 2009 to Nov 2020.
Kapiche!!!
I take the trouble to point this stuff out now because Sharky took away all counter-violent's virus priveleges to come into my threads and spew ignorance all over the place and cause me to have to wear a mask and do social distancing. Now that he is gone, I will explain these things because Sharky said to me, "it won't be fair if these viruses are not here to defend themselves!"