New BEARISH Elliott Wave is Bad News! Zig-Zag Pattern Targets 4100 | S&P500 VIX Technical Analysis

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  • Опубліковано 28 вер 2024

КОМЕНТАРІ • 103

  • @harlibassham8187
    @harlibassham8187 11 місяців тому +29

    The S&P 500 finished down 20% in 2022. This means long term investors had a great starting point in 2023. Personally I put down 1.3m$ on few ETFs, still diversifying. This is Q4 definitely earning season, it was this time last year I made my first million with a liquid 200k. Invested it in a trader here in CA, I get weekly pay out which I invest back on long term ETF's. Google will be a huge buy for me when the market bottoms.

    • @amgengroup5352
      @amgengroup5352 11 місяців тому +1

      Hey friend, can I invest with your trader ?

    • @harlibassham8187
      @harlibassham8187 11 місяців тому +1

      Yeah, she is Jennifer Lilibeth Tibbs, look her up.

    • @amgengroup5352
      @amgengroup5352 11 місяців тому +2

      Found her! googled her, thank you.

    • @aarushisanah5811
      @aarushisanah5811 11 місяців тому +1

      As a foreigner Jennifer’s name still rings a bell, she has changed investors lives and also played important roles in the society in general, I strongly recommend her.

    • @molleespillett3181
      @molleespillett3181 11 місяців тому +2

      I and my sister have being in business with her for a month now, tested the waters with 100k, we have 950k growth in this portfolio, its a good one.

  • @chadgriffith1969
    @chadgriffith1969 11 місяців тому +8

    The market is more volatile than ever. I've been holding cash since '20 pandemic crash, but just went "all in" bought up $250k worth of ETF's & individual stocks at discount, and hoping to average down on S&P and IWM stocks in order to achieve passive income and early retirement. I missed the last boom. I cant afford to miss this one

    • @valentinaarrelaro
      @valentinaarrelaro 11 місяців тому +3

      a thing to realize is that mkt volatility is inevitable and every investor who wants to outperform must master the skill of stock valuation. its time in the market not timing the market, and the key to having an optimal portfolio is by diversification of asset classes. You can do this long term with the help a financial advisor.

    • @heatherholdings
      @heatherholdings 11 місяців тому +2

      @@valentinaarrelaro Well agreed, I'm quite lucky exposed to financial planning at an early age, started job 19, purchased first home 28, got laid-off work at 36 amid covid-outbreak, and at once I hired an advisor to stay afloat. As of today, I'm only 25% short of 7-fig ballpark goal after subsequent investments.

    • @Johnny-se8hk
      @Johnny-se8hk 11 місяців тому +2

      @@heatherholdings this is huge! think you can point me towards the direction of your advisor? been looking at advisory management myself. seeking ways to invest and make more money with the uncertainty in the economy

    • @heatherholdings
      @heatherholdings 11 місяців тому +2

      @Johnny-se8hk > There are many advisors who excel in their profession. Personally, I employ the service of Julie Anne Hippe, because she's well qualified, and shows a great deal of expertise, you'd most likely find more about her on the internet.

    • @Johnny-se8hk
      @Johnny-se8hk 11 місяців тому +1

      @@heatherholdings Thanks for this. could easily spot her website just after inputting her full name on my browser. she replied my inquiry and we scheduled a consulting session for Monday afternoon

  • @jjtopp99
    @jjtopp99 11 місяців тому

    Thanks, Roy for the valuable trading data!

  • @jchoi9340
    @jchoi9340 11 місяців тому

    Look forward to your content every week. Thanks Rob!

  • @pr51713
    @pr51713 11 місяців тому

    Love this chaneel....just adding more comments for support!!

  • @cashstt716
    @cashstt716 11 місяців тому

    Love your videos, ROB… They are first class…

  • @emaworks99
    @emaworks99 11 місяців тому

    Always thought EW was hocus-pocus but Rob, you are making me a believer!!
    Sure, would like to try your service, enter me into the contest.

  • @Sleepers_Awake
    @Sleepers_Awake 11 місяців тому

    Looks like the SPY is heading further down into oversold. Price has moved away from the 10 day MA and the CCI is heading towards -150 threshold.

  • @wadp5962
    @wadp5962 11 місяців тому

    I always find your updates interesting. I think we may be heading much lower and could ultimately break the October low and then some. As for the precious metals I get a monthly report that uses technical analysis, including Elliott Waves, that says we're on the verge of gold, silver and platinum skyrocketing. Natural gas could also do the same.

  • @rbfewell2653
    @rbfewell2653 11 місяців тому +1

    Chuck Norris does not own a stove, oven or microwave, because revenge is a dish best served cold.

  • @PaulJoseph
    @PaulJoseph 11 місяців тому

    always great analysis!

  • @bigoof5707
    @bigoof5707 11 місяців тому

    Ty for great content

  • @AC-pr2si
    @AC-pr2si 11 місяців тому

    Great video!!Keep up the good work.

  • @MrDaboo1975
    @MrDaboo1975 11 місяців тому

    Nice work. 👍

  • @gavnonadoroge3092
    @gavnonadoroge3092 11 місяців тому

    is there going to be a profit? the wave relabeled.....

  • @bannistervoid
    @bannistervoid 11 місяців тому +1

    I wish someone could explain to me how Elliot Wave is any different from just taking a wild guess. The term relabeling just means "I was wrong." Wrong about the TNX wave 5. Wrong about the SPX wave 4. Wrong about the QQQ's, wrong about everything! What's the point of following a system that is constantly wrong?

    • @gary5782
      @gary5782 11 місяців тому

      This is the most confusing market that I have ever seen. I have traded since 2000, during the internet craze. Elliott Wave is a constantly changing algorithm. Rob is only presenting data.

    • @willaerley7140
      @willaerley7140 11 місяців тому

      Trading is tough! EWT just gives you likely levels of support. If the market blows through that level, you know it’s wrong. You have a better chance if it starts to bounce at support like it did at SPY 420 a couple weeks ago. Even so, no guarantees. My best investment was maxing out my 401K 20 years ago and leaving it in SP500 (until now). So many negatives to this market.

    • @bannistervoid
      @bannistervoid 11 місяців тому

      @@gary5782 I get it. I’m not blaming Rob he’s a great guy and very level headed. I’m more mad at myself for listening to other people when my own system is far more effective. Reactionary systems are as useful as betting on a football game after it’s over. I’m done!!!

    • @bannistervoid
      @bannistervoid 11 місяців тому

      @@willaerley7140 I hear ya man. It’s a friggin nightmare

    • @bannistervoid
      @bannistervoid 11 місяців тому

      @@willaerley7140 one more thought: most of the time the elliot wave retracements line up with moving averages, so why not just use those? Sure it’s fascinating that Fibonacci was so brilliant but in the end the whole system seems unnecessary.

  • @modellbobby
    @modellbobby 11 місяців тому

    I never saw you being able to create a EW pattern by yourself and only using this very basic automatic plotter. These EW patterns are insufficient and potentially wrong

  • @yuanyao7801
    @yuanyao7801 11 місяців тому

    Thanks so much for your analysis and video! Have a nice weekend!

  • @harryfve5
    @harryfve5 11 місяців тому

    Put me down for the drawing. Love you guys.

  • @mr3817
    @mr3817 11 місяців тому +2

    TSLA also claimed 2X EV tax credits to keep its stock from all out CATERING. Accounting FRAUD is rampant today.

  • @stevec8861
    @stevec8861 11 місяців тому

    White House panicked that long inverted yield curve forecasting recession isn't different this time?

  • @renef6101
    @renef6101 11 місяців тому

    Tornado pattern on Spy. That means huge flush incoming.

  • @gofish8181
    @gofish8181 11 місяців тому

    Thanks Rob

  • @joeytrubnick
    @joeytrubnick 11 місяців тому

    Ulta

  • @PT-im5fx
    @PT-im5fx 11 місяців тому

    Big gap at 400

  • @humbertovazquez1479
    @humbertovazquez1479 11 місяців тому

    👍💪🙏💯👏🫡

  • @donaldgibson8247
    @donaldgibson8247 11 місяців тому

    Yes this market could morph into a grand supercycle correction!

  • @theunbearablebull
    @theunbearablebull 11 місяців тому

    Youve been calling for 470 since august lol…

    • @vzeller
      @vzeller 11 місяців тому

      Yeah, it's crazy. These people are all the same. They talk out of both sides of the mouth with a lean towards one side. When they are wrong which is often, they say, well I told you it could go both ways. It's all hindsight analysis. Very few actually show their record proving that they are correct much more than they are wrong, because very few actually are correct much more than they are wrong.

  • @raydripper101
    @raydripper101 11 місяців тому +2

    This program seem funky..

  • @nightsight7696
    @nightsight7696 11 місяців тому +1

    C'mon, we need to close those gaps in 2020

  • @darrylprater8975
    @darrylprater8975 11 місяців тому +1

    Hi Rob. On IWM I do see a fair amount of congestion between 145 & 160 back in 2019 and some in 2018. Could that provide an area of support?

  • @willaerley7140
    @willaerley7140 11 місяців тому +1

    I think the market wanted Powell to flinch at long rates rising so fast, but nothing. To his credit, he’s stuck to 2% and higher for longer. Probably the right thing to do. Take our medicine.

  • @PixelLulu
    @PixelLulu 11 місяців тому +2

    It's brilliant to have this kind of level headed talk on UA-cam. Just pure analysis 👍

  • @jamesbuggar9134
    @jamesbuggar9134 11 місяців тому

    Love your videos but wish you could release them more frequently. Maybe add a super brief reflection on the day between the existing video cadence?

  • @1markrobinson
    @1markrobinson 11 місяців тому

    You guys are the best!
    Thanks for keeping us informed. Much appreciated.

  • @larryjohnston656
    @larryjohnston656 11 місяців тому

    Never miss Trade Finder!!! Following Rob has taught me a lot on how to read the market.

  • @Anthony-qq2hd
    @Anthony-qq2hd 11 місяців тому

    Your great. Thanks for the information. I always look forward to seeing it.

  • @Isabella_biaggi
    @Isabella_biaggi 11 місяців тому +4

    I really love your content. It is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. I'm excited I started making over $75k every 30days.

    • @ellamariz2375
      @ellamariz2375 11 місяців тому

      Inspiring! Thanks for the advice on how to invest in a healthy way as you are doing. I would really love to know how much work you did put in to get to this stage

    • @Isabella_biaggi
      @Isabella_biaggi 11 місяців тому

      I engage in various prolific investments by compound interest & leveraging and as well operating with an investment professional Mrs Alicia Theodore , so far I've attained returns of over $30k last month

    • @ellamariz2375
      @ellamariz2375 11 місяців тому

      Wow! Wow please is there any way to reach there services?

    • @Isabella_biaggi
      @Isabella_biaggi 11 місяців тому

      Her availability is constant on wats app

    • @ellamariz2375
      @ellamariz2375 11 місяців тому

      THANKS A LOT I HAVE CONTACTED HER NOW AND SHE RESPONDED

  • @johns3668
    @johns3668 11 місяців тому

    How does your Ai data show gaps fill how do u run that program to find that?

  • @unreal330
    @unreal330 11 місяців тому

    Love your videos. If you can speak on $SEDG

  • @timothymoore1184
    @timothymoore1184 11 місяців тому

    geez where in the hell is still getting Hail ??? lol

  • @scottmcginnis5743
    @scottmcginnis5743 11 місяців тому

    10:10 pm Enjoy your videos. Spot on!

  • @donnalee7614
    @donnalee7614 11 місяців тому +1

    Like I said … when you are close to invalidating a wave count, it would be good to know. Bottom line is, the count “relabeled” which means your count was wrong.

    • @keithnicholson2561
      @keithnicholson2561 11 місяців тому

      From July its Black wave 1 down- then (abc) up to Black wave2-then Red wave down to complete Red wave 1- next is Red wave 2 up and we are in Red wave 3 down now (look out its a 3rd wave!)

    • @THEREAL_GZUS
      @THEREAL_GZUS 11 місяців тому +1

      It’s happens nothing is wrong with being wrong . But most wave traders focus to much on counts instead of keeping an eye on the structure of the wave . #structuresonly

  • @jasperchan5046
    @jasperchan5046 11 місяців тому

    Thank you for your videos

  • @NofadoCA
    @NofadoCA 11 місяців тому

    Great analysis

  • @kylebessoni
    @kylebessoni 11 місяців тому

    Thanks Chuck

  • @TheLenboy
    @TheLenboy 11 місяців тому

    Great video

  • @Michael-rn3qz
    @Michael-rn3qz 11 місяців тому

    Great viedo!

  • @amisfitpuivk
    @amisfitpuivk 11 місяців тому

    That USO looks tricky lately. Seems hard to predict that up move with those strange candles and gaps along the way and now it’s at resistance. Plus I’d have been scared it’d retrace down to the wave 4. Not touching that for a bit

  • @dudewheresmyguitar21
    @dudewheresmyguitar21 11 місяців тому

    Definitely going to need to win that software!! 😇 ive got a few pairs id like to compare on it, like tlt x tnx and look for divergences in the wave counts

  • @safeandeffectivelol
    @safeandeffectivelol 11 місяців тому

    Unless the TNX drops to 4.5%, the IWM isn't going anywhere near 180. Over 40% of it is regional banks. The rest is mostly companies relying on the debt markets to survive.

    • @willaerley7140
      @willaerley7140 11 місяців тому

      You’re probably right, but short covering can do crazy things. Huge puts on IWM. No way I’d invest in IWM though.

    • @safeandeffectivelol
      @safeandeffectivelol 11 місяців тому

      @@willaerley7140 Less risk, but also decay and you're more dependent on timing, which is the hardest part of trading.

  • @jamesgalbreath6331
    @jamesgalbreath6331 11 місяців тому +1

    TSLA shaping into a descending channel.....more down to go

  • @mikeski7060
    @mikeski7060 11 місяців тому +1

    Appreciate your hard work!🎉

  • @williewest5574
    @williewest5574 11 місяців тому

    Ima hoping for a free subscription

  • @mnm291
    @mnm291 11 місяців тому

    Get me registered please!

  • @donaldgibson8247
    @donaldgibson8247 11 місяців тому

    Yes thanks for the new count! Dave Woodson has had the correct EW count through out the summer! We have been short rallies since the July high!

  • @jamesgalbreath6331
    @jamesgalbreath6331 11 місяців тому

    just from pattern view SPY broke out of rising channel. Measured move indicates 3770 target

  • @michaelbeck7193
    @michaelbeck7193 11 місяців тому

    First time Here, Looks nice

  • @gofish8181
    @gofish8181 11 місяців тому

    waiting for 4165 then off to ath 4600-4800 before it tanks and stays tanked .

  • @Thaxildds
    @Thaxildds 11 місяців тому +1

    I never believed the "5 wave to the upside" he has been selling for the past month or so.