The index has been forming what appears to be a Head & Shoulders pattern for time now.
The confirmation appears to have been confirmed recently.
NFA DYOR
Am expecting an ATH around the $20k zone; let's see if it can get there.
The confirmation appears to have been confirmed recently.
NFA DYOR
Am expecting an ATH around the $20k zone; let's see if it can get there.
Comment:
Retracing to trendline support; looking good ... expecting more upside.
Comment:
$20k is the target of the Head & Shoulders pattern; but that won't be the ATH.
Am expecting $30k as the ATH as it appears to be the 2.414 extension.
See also FI (Fiserv) and NVDA (Chip Maker) as am expecting them to 2X - 3X in the near term.
Am expecting $30k as the ATH as it appears to be the 2.414 extension.
See also FI (Fiserv) and NVDA (Chip Maker) as am expecting them to 2X - 3X in the near term.
Comment:
Sources are injecting tons of liquidity into the market pushing it up ahead of the election. The FED is holding steady on interest rates while WTI/Oil is heading higher fueling more inflation for the coming months.
Expected ATH target is still in the $20k zone.
Expected ATH target is still in the $20k zone.