I think is going to 100 if that makes you sleep better.
cromero_flash
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I am not pin pointing the final low, but just that there is still another big move down coming. 25K is at a key Fib level for retracement, but I am thinking 20K. If there is complete capitulation then much further down.
Cao-Coins
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I wish it would go this low. It would be a dream come true
cromero_flash
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For anyone who thought it was breaking UP and out of the magnet zone. Go ahead and click on the blue-play-button. Sitting at 29300 and More to come! Wave structure in place, target 20-23, but with several head fakes as it goes into the various leg 4s at various levels. Good luck.
cromero_flash
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24,900 is 62% retracement of the entire move. So that is a possible target.
15,500 is the next fib down on the retracement.
cromero_flash
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It will go to 150 but not in the near future. 100 on the big leg 3 up (after this big leg 2 correction we are in), then 150 on the big leg 5 up. But maybe 6-12 months down the road.
If it was an ABC then then correction is over and its moving up at some point in the near future. If its not over then its a 12345. More things point to the downside than to the upside right.
If its an ABC, then C was an excellent 1.62 of A. BUTTTTT that same 1.62 can be leg 3 = 1.62 leg 1. And leg 2s and 4s can be complex corrections of almost any combo.
Tdubzzz
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This is the only analysis showing what is actually happening & not what everyone thinks will happen. Clear H&S pattern. Death Cross imminent. The only real question here is where is the bottom after the H&S shoulders pattern is complete
newbienxx
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i think that was ABC correction not a 12345 downtrend