TradingView
UnknownUnicorn540299
Mar 12, 2020 3:23 PM

THe Dow: A rebound idea Long

Dow Jones Industrial Average IndexTVC

Description

I see a 50 % chance of this to occur.

Comment

Comment

Comments
lord_kinbote
Looking good BK. We got one that can see!
UnknownUnicorn540299
@lord_kinbote, Time reached, while not price, I got the incline of the line a bit wrong hence lower price than forecasted. Hence, consider cycle as complete and we go blind again :-)
lord_kinbote
Good grief, what a liquidation event. It looks like that coin toss landed on tails. The EW voodoo cheese heads who were calling for 2300 1 year ago are trying to claim victory today. Laughable.
lord_kinbote
@lord_kinbote, If you recall, one "prominent" EW individual got caught in the largest bull trap in history. A.G said that a break above 3200 would lead to 4k+ He had been calling for a revisit of 2018 lows for almost a year and was trying to call a top every other week as an "overlap" extension. He goes bull and market has largest sell off in history. How fitting :)
UnknownUnicorn540299
@lord_kinbote, Hey, we are not on the date yet LK! :-)
UnknownUnicorn540299
@viking83, Im waiting on headlines for collapses of some prominent business guys and margin calls on their hands.. Then I think we have the short term bottom. I will get back when I have worked a bit with the market cycles. So far Im sticking with gold shorts (till April 10th).
lord_kinbote
@viking83, Hey BK, what date are you referencing for the turn?
UnknownUnicorn540299
@lord_kinbote, This is an idea that just projects the target area at the indicated date (31 st of March +/- 1 day = 26800). I havent studied highs and lows of Dow Jones yet.
lord_kinbote
Like the odds, so you are saying it's a coin toss? Fed bazooka was sold into. Bear out of a very long hibernation, so it is going to be difficult to put him back to sleep.
UnknownUnicorn540299
@lord_kinbote, It is more than 50 % chance it will occur based on my analysis, but I havent gotten to study it all, I just unpacked after months of hibernation. :-)
More