We Still Have Sustained Downward Pressure for a While Longer.

I'll post updates in comments section from time to time during my office remodel and my website build. We may see another bout of upward pressure this weekend. However, I do not see it evolving into new highs. It's too dangerous to go long right now. If we do end up falling sharply, I do not see us falling any lower than $7,500. If anything, I'm seeing $8,300 to $8,500 price range if we end up falling into a PRICE correction instead of continuing with a TIME correction. As long as our Daily candles continue to CLOSE "above" $9,949.98, we are in a TIME correction. The moment we have a Daily candle CLOSE "below" $9,949.98, we can anticipate a continued drop to or near the $8,300 to $8,500 price range; resulting in a PRICE correction of approximately 40 percent. We have currently seen a drop of no more than 30.8 percent.

Comment:

This honestly looks like more of a PRICE correction is in play rather than a TIME correction. 65% for PRICE correction and 35% for TIME correction.

I don't like how my Phoenix DG-1 Short Cycle has turned RED and turning down. Can it turn back Green and turn back up? It's possible but not looking very promising.

Comment:

Got my wall mounts mounted for the 55 inch TV's I will be using as monitors in my office. IT's slowly getting there...

i.imgur.com/dRLme2A.jpg

Comment:

I adjusted this Daily chart to allow you to see the Phoenix DG1-TSI Short Cycle indicator a little better. It has turned red a few candles back and heading down. It may continue down a while.

I have a dentist appointment in 45 minutes. Time to take a shower and head over there.

Cheers

Comment:

Here's a look at how the indicators COULD POSSIBLY play out in the 2-Week TF. Those new to charting: Each candle is a period of 2-Weeks in this chart below. I drew lines within Godmode indicator to show how downward pressure MIGHT prevail until mid September.

Comment:

Follow-Up Video Publication titled, "Wanted to Share a Few Things I'm Seeing in the 2-Week Time Frame."

13:56

Comment:

Here's a look at the 12h TF:

Comment:

Have a look at the Daily (24h) TF:

Comment:

I'm hearing Main Stream Media shilling for Central Banks (The Federal Reserve) that crypto currency is to blame for their coming debacle. Andreas Antonopoulos predicted in 2016 the Central Banks would blame crypto for their debacle. Which see: www.youtube.com/watch?v=6ZCVQHtD...

Comment:

2-Day TF: