US Stock Market - S&P 500 SPX | Cycle and Chart Analysis Review | Price Projections & Timing

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Slim's Background:
#Trader, analyst and mentor, Steve "Slim" Miller is an active trader in index futures, #gold, #silver, #bonds, oil, #dollar, euro, stocks and #options. He is also a trader coach and hedge fund consultant. Slim is a past member of the CBOE, CBOT and Chicago Mercantile Exchange.
Slim looks at things differently than most market analysts. He applies his unique cycle analysis to nearly 400 widely held stocks, futures and ETFs. Learn the most unique style of technical analysis, evolved from the work of JM Hurst's book, "Profit Magic of Stock Transaction Timing"
For investors and traders with interest in, investing, trading, swing trade, scalping, indextrading, pairs, indexes, treasury, #FOREX, #FX trading, dollar, euro, yen, pound, currency, currencies, Powell, interest rates, Fed, FOMC.
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[@otiswoodley1639]

Analysts seem to agree that we're nearing a top- whether it's Wave 3 or Wave 5 is where they disagree.

[@askSlimTeam]

I am not all that familiar with Elliot wave to comment.

[@HuaweiP30-xn2cd]

To make long story short, first a pull back, than rebound and finally major correction?

[@daveg3443]

Semis/nasdaq have topped Friday and diverging with s&p a bearish sign. Think we are carving out a major double top to end what has been a massive long term bull market. Correction starts next week then we get a lower high counter trend rally into fed March meeting / first cut followed by a big crash once things start to break and nasty recession becomes a reality.

[@artreyes4871]

I'm assuming you purchased puts on Friday since you seem convinced?

[@daveg3443]

Absolutely, and will be doubling down early next week. Lets see where we are at in a few months.@@artreyes4871

[@askSlimTeam]

A plausible scenario

[@HuaweiP30-xn2cd]

Wait and See. Imho you will be surprised once more. AI is on the move right now, destroying traditional analysis

[@askSlimTeam]

@@HuaweiP30-xn2cd I have heard that countless times in my 50 years of trading. “this time is different” often ends in tears

[@uaschecklist1278]

So many things upside down right now in this country. I’m staying totally out of the market for several months unless we see a massive drop then I’ll nibble some. I’m retiring in two years so keeping it conservative. I really appreciate the work you do for us.

[@askSlimTeam]

Thanks! Good plan!

[@maxray1796]

Do you use Gann techniques in your analysis?

[@askSlimTeam]

No Gann

[@winforyou4630]

😅 I did not realize that small spec was your face on the top right corner! Thanks.

[@askSlimTeam]

It is!

[@black_conservative45]

great informative work! i plan to sign up soon

[@askSlimTeam]

Great! Thanks!

[@joshualevelle3886]

After doing well for a few months i got chopped out multiple times in the volatility of the market last week. It was completely my fault lol. Looking forward to adapting and getting back green next week. I think ill try extremely small contract sizes until i feel back in sync. Hope you fared better than i and great work as always

[@askSlimTeam]

That sounds like a very good plan

[@cristiansoave5752]

Gracias maestro 😊

[@askSlimTeam]

Very welcome

[@RoryVanucchi]

👍

[@askSlimTeam]

😃

[@samedikoch3371]

🇰🇭🇺🇸❤️👍 !

[@askSlimTeam]

🙏