With the credit spreads looking like they're about to blow out, equities don't stand much of a chance here, either. Look for at least a >-11% dive here.
.... or ... SELL the Nasdaq100 ... ... as it doesn't look much different, either. A little difference without much distinction.
Here is an other clue;
Comment
⋅
The FAANGS may hold up better here ... ... than the SP500 or the NAsdaq100, as a whole.
Trade active
⋅
SHORT A good spot for a SHORT Entry, here, w. a tight stop.
Comment
⋅
Comment
⋅
This link; ... and the link right above suggest that all the Equity Indexes started on their way to test the pandemic lows from March, 2020!
Comment
⋅
Comment
⋅
A "commodity currency" dump is just getting under way! E.g. you may want to seriously consider this *** was *** the top in the indexes.
Hi, nice graphs! I know support/resistance lines, channels, and patterns, but what are the two upside down triangles that you draw over and over again called?
Nemo_Confidat
⋅
@stevo9494, "Harmonics". This particular one is a Bearish Deep Crab. A aighly reliable and a very fast Harmonic. harmonictrader.com/
stevo9494
⋅
@IanSinclaire, Thanks!!
By the way, your analysis was spot on! Thank you.
i was still long Apple on Thursday, i should of gotten out Wednesday.. But hey, a profit is a profit