UPDATE January 9
A really quick post, since I'm falling behind.
WHAT A RALLY!!!
It ran my entire predicted move
Now what?
I believe we get a small and brief pullback before duplicating the rally. New targets are out... BUT
Be very, very careful. The drop is coming. Everyone went short last week. Now, their stops are going to be taken out before we drop. There is no "important" data released today or tomorrow, so the market is free to rally. I believe we rally until maybe mid day tomorrow before leveling off for Thursday. Here we go...
Upper move ~17000
Lower move ~16500
There is a chance (there is always a chance 😉) that Thursdays inflation data is down, and the market rallies then breaks the vix (~12), and the markets make new highs before collapsing.
Upper target ~410
Lower target ~400 (also the daily 5MA)
Upper move - To Infinity and Beyond 🤣
Lower move ~13.3 (but I would love for the gap to close to 12 and just crush vix)
$Micro 10-Year Yield Futures(JAN4) (10Ymain.US)$
Upper Move ~4.13
Lower move ~3.95 (we need to be at 4 and below to really rally)
Be Safe, Be Careful, Be Wise
and as always
Good Luck
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ThirtyOne : Great post, thank you!
rawrrrbucks : @iamiam I’ve been waiting to see an analysis post. As always, thank you. After a big move yesterday, do you think SPY will move similarly to QQQ?
iamiamOP rawrrrbucks: spy will probably make all time highs this week
rawrrrbucks : Interesting to see the drop in pre market, waiting to see it pop today (:
iamiamOP rawrrrbucks: so am I
iamiamOP rawrrrbucks: I made a addition to the post. it is possible we stay down and pop Thursday.
rawrrrbucks iamiamOP: Do you know what moomoo needs to add?
Futures options. That would be really sweet. Hey!!! @Team moomoo @Moomoo SG futures options in the near future, please?
71280062 : Do you think Thursday's cpi is going to surprise, is it going to beat expectations?
iamiamOP 71280062: not sure yet
humorous Squirrel_48 : Great, wait until qqq400 to enter the market for a long time
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