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Just so you know that is not a forecast. Good discussion of various possible paths, but that is not a forecast.

A forecast takes a strong position ex:

We will consolidate, then move down sharply and end the year at least 10% lower. A forecast predicts only one scenario, and is either right or wrong once conditions (in this case year) concludes.

My bet: 20% lower by end of year

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Jan 27, 2023·edited Jan 27, 2023Author

I was clear on forecast, and how about 'wow, amazing calls you made in 2022' :-)

* I updated the Video Text with clear targets/paths I described in the video.

- consolidate now - i've been right on that so far ..I gave targets/timing/form for that

- then DOWN to retest the lows 3600

- Then a weak IT bounce ..similar to 2022 type

- The only 'possible path' is from there but both are DOWN!..to varying degree's- and I explained what it depends on - I could predict, but it would be stupid, since no one can predict - and said a break of 3300 is key level. BUT - There are only TWO PATH

1. is DOWN but similar to 2022 ...AND

2. is DOWN but massive down leg I went over

If that wasn't clear, I will make it clear on next video, but I don't see how I could have been clearer tbh -:) ..there is NO 'path' I gave that was 'new bull market' - so my strong position is 'its a primary bear' with at least retest of 3600, and lower low...and a question of paths over the course of year I laid out - which I think is much more valuable - since who really cares where year ends ..most of aren't investing/trading on that basis of 'year end', i hope!

* I will add this to the video notes to be clearer

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Jan 27, 2023Liked by mark davidson

Originally I had a comment that Atilla's forecast would be Plunge March 3 at 10:15 am give or take 30 seconds. Should have left it in so it would be clear.

You did a great job in 2022 and I noted that multiple times. Only a fool thinks there is only one path for the market or that anyone other than the boyz can know it with certainty

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Yes Thx Ilya I knew where you were coming from - but I used this as opportunity to just make my post clearer, I should have added that text in the original post only Video format isn't great for adding text like normally do!

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