On every trading day, after market closes, I would choose 10 best tweets from the Fintwit World and rank them on thoughtfulness of their ideas and informative of their charts. Please tweet your nominations for Top Ten Tweets (TTT) to my account @MasterPandaWu.
Target=zone of 4200: (1) missed 4385 by 10 points, a 50% rebound, then back down again. (2) the pattern itself, in addition to a very conservative double zigzag on my chart, points to a potential w3 of W-3, aka, the CRASH LEG. (3) we are talking about 5-6% in one fast swoosh.
Like in here All lines are original...
Change of Character: (1) by now, you should have noticed the market has changed its character formed since Oct. 2020. (2) after a sharp zigzag decline, instead of racing to ATH, SPX set another lower low; (3) either a W-3 or a W-C, equal length of W-1/A would be 4218, 162%=4066.