.SPX: What's Going on Next?

Hello everyone! Today i want to share some trading analysis with you!

1.

WHY "RADIO SILENT"? $S&P 500(.SPX)$

(1) Many asked me why I went "off-line" last Fri, totally turning off the market.

(2) because I want to guard against the trigger-happy MPW to "take profits earlier."

(3) ask yourself: with a 130K profit last Fri of your put position, would you hold? I did!

2.

"Buy the dips"--many bag-holder bulls are screaming for help.

Who?

With WHAT?

[All those who are eager to buy the dips already fired out their bullets last time around; now, it is up for the previous dip-buyers to get desperate and become sellers. That would be a good bottom]

3.

No Capitulation, No Bottom:

(1) one reliable indicator of a sustainable bottom [at least for a few weeks] requires VIX to pierce its upper BB band;

(2) With $Cboe Volatility Index(VIX)$ stays at 21, this selloff is FAR from over. In fact, it needs VIX to top 28: that means 150+ SPX pts INTRA-DAY move.

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4.

[[ 🐼Bonus Point-Prediction on 3/27👁️ ]] -- unless there is some miraculous policy U-turn from the White House, I think my "SPX will gap down 3/31 too" has good chance to be true. Mind you: that was predicted 4 days ago👇--if you think this is easy, and normal, think again. 👊

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5.

Three Predictions for 3/31:

(1) SPX will gap down near 5560, and hit a low around 10:30am.

(2) the rebound thereafter tries to refill the opening gap, but fails--barely--to do so.

(3) the whipsaws during the day forms a W-shaped pattern, and closes near 5560, hence a RED DOJI.

Lastly, if you want to look for another choice, try it!