DoujinStars
The Long Investor
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$SPY TOP 20 TWEET

TWEET: $610 is an important level to break above but we have been watching this resistance level for the last year and we knew it would not be easy

$NVDA beating next week could help flip $610 to support and this could melt up in the short term....but ultimately the Cycle Wave 2 pull back is next.

Which could last at least 18 months.

$SPY TOP 20 TWEET

Comments

Just one question since I am a bit confused: on the last updated SPY chart a few days ago the 2 Fib was at 631.2$. So was that 631$ the sub wave 5 target then ?

Kad

Hey, I’m new here. I was wondering if if you use Stop loss in your positions

Daniel Rosado

It's not. This has been coming for a long time

George Trojaniak

What’s the chance that we don’t break through and wave 2 is about to start?

Julien

Do we expect $HIMS, $BABA, $OSCR, $AMD, $ETH (currently in different cycles than SPY) to pullback as well along with the market?

Rag

Hi Cap, would you consider health stocks like OSCR to be resilient in the face of a large market correction? Ultimately people still require health insurance. Maybe they'll look towards OSCR for cheaper alternative

phatlipid

hi cap, can you share the full ew count from 1994?

ray

Very interesting cap. You posted this and then I got a free email from stansberry talking about the s&p going up a bit more this year at least. You are always before the masses lol

Kat

Wow this would be a 41% pullback. Seems like a lot.

ARPedro

Cap, am I correct in saying you would not consider a world index fund a safe haven during wave 2 pullback as it isn’t in the safe haven folder? I think a few of us with ETFs are wondering

PJK

I personally love the 6820 extension fib as it would catch off guard most of the retail that's waiting for a meme of 6900 to hit this cycle

Savage Capital

Big big picture

DC

Where to go then if someone wants to hide? Cash?

David

As i learned here , i guess the chart makes the news . Could be anything … less Gold in Fort Knox as expected, a new virus/pandemic, east asian rocket man doing his things, a fallen over bag of rice . Personally, I‘d assume the main reason would be the surge in unemployment due to the work of DOGE

Boons

it really looks like a once-in-a-lifetime opportunity once wave 2 is complete. I do have a question, though… I see that a pullback to the 0.5 Fib level would mean roughly a 34% correction from yesterday’s close. What kind of macro event could trigger such a significant drop? Rate hikes? An unexpected surge in employment? A recession? War? What macro scenario do you foresee that could spark this pullback?

GRG

Hi Cap Could we assume that stocks like NU will be also “safe heaven” applying same logic as BABA.

Borja

Hi Gar the estimate SPY bottom around mid 2026?

Huat


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