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NorthernRaven

Global

Macro DeMark©

Analysis The DeMark indicators are a registered

trademark of DeMark© Analytics

FRI 29 APR 2022 - 13:57

SPY now - vs 10 vs 2015 - Rough map


of our thinking with 5 waves

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Future s , Options , andCurre ncy, CDF or any othe r s tructure dproducts trading allhave large pote ntial
re wards , but als o large pote ntialris k. The y are not s uitable andmay be appropriate only for
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have ce rtaininhe re nt limitations . While price s may appe ar withina give ntrading range , the re is no
guarante e that the re willbe e nough
liquidity/volume to e ns ure that s uchtrade s couldbe actually
e xe cute d.

Hypothe ticalre s ults thus candiffe r gre atly fromactualpe rformance re cords , anddo not re pre s e nt actual
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ove r-compe ns ate dfor the impact, if any, of ce rtainmarke t factors , s uchas lack
of
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cons ide rations andthe e volutionof e conomic andmarke t de ve lopme nt.

Pas t re s ults of any individualor trading s trate gy publis he dare not indicative of future re turns s ince
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