PJBTrade

Parabolic Advance Broken

Short
NYSE:MSCI   MSCI INC
Parabolic advance with a broken hypodermic trendline, much like whats been seen in Bitcoin , Gold , and other assets that have been through bubble cycles. Weekly Bollinger band M top, like the monthly ones we see on the DJI/ S&P . Short above $160, expect a visit far lower maybe down to $120 first, the 38% macro bull retracement for starters. Good luck!

Comments

Bump and run chart formation. Get acquainted.
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PJBTrade Sasquatch_Trader
@trade_dog_21, thanks! Just read up about it. That's the idea! I didn't know there was a special name for it.
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