My historical analogue is predicting a small move higher to 4250 before crashing all the way down to 3920.
This drop is a 7/8% move so something significant is going to happen. The previous drop I predicted turned out to be a "cyber attack" and price dropped 5% so who knows what it could be this time.
I will be shorting the reversal and the subsequent bounces all the way down to tp.
@NinjaTradingServices, thank you for your analysis an accuracy - love your chart on this and BTC analysis. Are you longer term bearish on S&P? Any targets? Many thanks
NinjaTradingServices
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@needfulBird32946, We should have a huge move higher but we must go down first. However when we reach all time highs we will be going into a period over the next few months of extreme volatility and ultimately another market crash. Check out my profile for FREE "Trading Psychology Secrets" to prepare for the next crash.
Mac9103
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@NinjaTradingServices, Thank you very much for your response. I'll check it now, thank you.