An Argument Can Be Made the Bottom is "IN" When Looking @ Weekly

Yes, this publication is categorized as a "LONG" position BUT under one condition. The White Energy in the Weekly TF and the 9-Day TF need to CLOSE "above" the 50 percent level. We have a new Weekly Candle beginning on December 23, 2019. Which means this next Weekly Candle will be CRITICAL. Again, we need the White Energy to CLOSE above the 50 percent level on the next Weekly Candle BEGINNING December 23, 2019. So, when the Weekly Candle of December 30, 2019 begins, the White Energy needs to be ABOVE the 50 percent level. It currently looks like this will occur.

Here is a screenshot of this chart again to make it a bit easier to read the text bubbles. The cover chart tends to get scrunched up by TradingView's platform when initially posted.

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Here is a look at the 9-Day Time Frame:

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My bad... That was NOT the 9-Day Time Frame. Here is the 9-Day Time Frame:

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Further HISTORICAL support in the 9-Day Time Frame to emphasize the significance of the White Energy CLOSING "ABOVE" the 50 Percent Level.

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Here is a reminder of the CME Futures Contracts on my Bi-Annual Chart: You will see WHY I'm estimating probably only a FIB Re-Trace to the 50% instead of the 61.8 percent then quickly back up again just before the June 27, 2020 CLOSE of the CME Futures.

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Additional Notes on downward movements in the 9-Day TF... However, do NOT ignore looking at the 12-Day TF "WITH" the 9-Day TF:

Here's the 9-Day TF:

Here's the 12-Day TF:

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IMPORTANT RULE for the RED RSI (Relative Strength Index) and it's relation with the WHITE ENERGY:

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I hope this idea does not get SMACKED OUT: i.imgur.com/59AuRNm.mp4

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3-Day TF:

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Simply posting a reminder of the White Energy in the Weekly Time Frame (TF). We have a new Weekly Candle beginning in less than 14 hours according to UTC (London) Time; which is "Exchange Time" for BitStamp.

REMINDER: We want the White Energy to CLOSE "above" the 50 percent level in this Weekly TF in order to stand a decent chance for a substantial move to the upside. This, in turn, can allow the White Energy in the 9-Day, 12-Day and 2-Week TF's "TIME" to climb up to and ABOVE the 50 percent level. Which would result in quite a substantial move to the upside over the next 6 months.