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Moneymakero
May 12, 2021 7:24 PM

NAS100 🌦 Long

US 100 IndexFXCM

Description

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Further drop on NAS100 maybe? I'm seeing another bear flag. We might be heading into correction territory. With AMC going up the markets tends to contract. There seems to be evidence at the 5% level of significance that the AMC and GME are inversely correlated with the market as a whole. The VIX tends to rise as well which is the case right now.
Comments
Trebor74
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3-4 days of paging is expected from here, I think! From there, head 13595-13640!
Trebor74
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B plane today finish!
Trebor74
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InterestingπŸ‘Œ
Trebor74
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Hello!

can point "A" be expected lower?? 12900
Moneymakero
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@uhljarrobert, yes it very possible we don't truly know the magnitude of the drop but we can expect a big drop coming soon as a result of amc
Trebor74
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@Moneymakero, can you imagine the 12700 too?
Moneymakero
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@uhljarrobert, I would love nothing more than that!
Trebor74
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@Moneymakero, The RSI indicator may even go lower and the MACD may not be clear. It depends on what time zone you are watching !?

The hour is over, the 4 hour is not yet!
Moneymakero
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@uhljarrobert, i bought some calls on sqqq
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