It would appear as though we've chosen the green path?
Comment
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Blue path traces it perfectly, but it's leading the price action too far to be obvious. If you just moved the blue arrows over one week, it's the 'Most' similar to what we're seeing
Everyone seems to be bullish now but I am seeing hidden bear divergence. Are my eyes deceiving me?
airswimmingape
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Really useful charts, especially like the visualisation of the different scenarios and how they might play out in a v short time frame. Bottom of next low wave after this one around May 10?
SOXLite
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Fascinating charts. I give your ideas the most weight when making trading decisions. Thank you.
RHTrading
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@SOXLite, It's been fun going through month by month here with you. It's starting to become many months that we've been together.
GratuitousMastication
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So do you think we are out of the woods? Aside from the many future bumpy days.
SOXLite
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The blue path looks like the winner. I did not see today’s rally coming due to virtually nonexistent bull divergence at support. Never been so glad to have been stopped out on my short on Thursday. I am starting to see overheated oscillators comparing today’s high price to previous higher highs. Still think the bears are in control. Might wait until the extreme volatility phase near the apex of symmetrical triangle to take long positions at lower prices.
SOXLite
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Release of energy will probably start with a head fake in the opposite direction of the real move. I am all cash after getting stopped out on my short.
SOXLite
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Orange line looks like a magnet.
RHTrading
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@SOXLite, It is extremely bearish now, if we close on a daily basis below the 3.25.18 - $2,611 Low. TA guys like me are pulling their hair out all of last week and likely all of this week and likely all of next week. But there is an incredible amount of energy that's about to be released in one direction. You will know when it happens. Take-your-breath-away type of move any day now.
RHTrading
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@RHTrading, ****It will be extremely bearish**** if we break that low. I'm not bearish now, but will be under that level.