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computermademedoit t1_ixqc2ow wrote

i think the overall thesis is fine, the long term downtrend will probably continue, there will be a sell off, possibly even to a new low

i just don't know how you're getting your time frames and i wouldn't trust any time frame that's so specific. we will peak on a Tuesday is way too specific of a call out to make.

how bout "this will peak somewhere around 4000-4100 and there will be a sell off to 3700-3400 range.

its not as exciting but probably will map on closer to the truth than "we will peak on Tuesday" since all that needs to happen for you to be wrong is us to peak on Monday or Wednesday.

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Confident_Abroad4984 OP t1_ixqcgq8 wrote

What’s a WSB post without a bold prediction!

The dates used are based on the previous periods and angles in which stocks rose into those tops and then lowered into their bottoms. The market tends to replay patterns and angles with some differences. If they were to match the previous tops and bottoms, then the dates I gave would generally be the top and bottoms.

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computermademedoit t1_ixqd2ke wrote

yeah bold predictions are a lot more fun

i wouldnt make any big bets off those predictions if thats your methodology. like i wouldnt 0dte tuesday puts. you could play the overall trend.

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