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Simon_says
Sep 30, 2018 2:42 PM

Nestle long-term analysis based on fractals Long

NESTLE NSIX

Description

Currenlty we are in I - > J upward move.

That will take Nestle share prices to the new price record - around May/June 2019.

After that time, there will be a strong downward move J -> K and price will go down to ~75 per share.

Subsequent moves will follow, I will continue on

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So far prediction was accurate.

I believe we are very, very close to the top of this bull market run.

There may be a bit more of an up-side movement I -> J

However, later on, this year we are going down J -> K

If that"s correct then the global economic crash will be... way after 2020 elections in the US.

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Very good prediction, shares are up and soon there will be a downturn move for Nestle but also for SPX.
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