The end of the US stock market is nearing

Quoting Edd111111

Disliked

{quote} Hi @Igrok, I am not sure if you have looked into this question or not, but I will ask it anyway,

Ignored

Quoting Edd111111

Disliked

{quote}how much would the markets "rules" ,that is those which must be formally abided by, regulators lawmakers etc, have to change in order that your current view on the market and beliefs around patterns etc would be invalidated ?

Ignored

Quoting Edd111111

Disliked

{quote} You strike me as someone who probably has given this some thought and it would be interesting to hear from you what types of interventions could be considered in a panic ( I suppose closing the markets is one option) and how they might impact the playing out of the market(s).

Ignored

Quoting Igrok

Disliked

{quote} the world economy is already in systemic crisis... it's a hard fact and there is nothing can be done about it... the idea of globalism is ... at the very end about 85-90% of the maximum markets' values will be wiped out... it's inevitable...

Ignored

Quoting gespiri

Disliked

{quote} Igrok, good stuff as always. IMO, the Dow is due for a slight correction....maybe up to 35,000-36,500 before PLUMMETING to you levels. Why? With the economy imploding, they cannot let 401Ks cut in half so quickly or the people will revolt. Plus, the market makers will always try to sucker more suckers into the market with their phony narrative before taking it down. If we look at cryptos, they brought it down right before announcing the CBDC implementation starting Feb2023. I agree that this admin and the central banks are doomed at this...

Ignored

Quoting Igrok

Disliked

{quote} sorry, but I have a totally different view on current and future events... first, on my opinion, 35000-36000 level for DJIA is completely out of reach forever as it will never get back that high even for a split second...in order to match my expectations the market has to plummet first to the expected levels of ....more like street anarchy, thus completely chaotic and destructive... though there will be one more market correctional waive from the level mentioned above which at best is to reach current levels before attacking and revisiting...

Ignored

Quoting gespiri

Disliked

{quote} Apologies but I put my BTC correction levels since I'm following that too. My correction for DowJ is at 33,000-34,000 which should reach the bottom trend of the diamond pattern you talked about weeks ago. A drop to 21,000 should be sudden and not gradual, at these levels, no? Currently, PA is at weekly 200EMA and dancin' so we'll see which direction it will ultimately go in the next couple o' weeks. I agree with your sociopolitical analyses. The only way out of this mess is an intervention of any kind (people revolting/uprising or a coup...

Ignored

Quoting Igrok

Disliked

{quote} there are some additional indirect indicators in regards to DJIA future behavior... one of those is Amex charts... a smaller size diamond depicted here on the picture shows that there will be no correction on the DJIA till MOT at 67.00 level on Amex is reached... it will take two to five months from today as the move is impulsive enough... in regards to politics it seems to me that any revolt shall lead to a civil war which is even worse than gradual devastation... {image}

Ignored

Quoting broomstick

Disliked

{quote} Looks like Igrok has been banned permanently. Great… Well, If his son of niece or any random person should decide to pick up this thread and update *wink wink* that would be great. i could care less about personal political views. I’m only interested in the charts and trading perspectives.

Ignored