Anyone remember me posting this chart 24th of July, i'm sure you all do at least 2 of ya : )
Before i start, no i'm not clairvoyant or Nostradamus i just observed how the Nasdaq was following the 2008 crash pattern as mentioned also in previous post and well blow me down if i didn't call the actual day, yes i know they will probably put me up for an award but i am just a humble trader but yes i will accept it only because they would have gone to alot of trouble with everything.
Anyway back to the Chart well i am wondering will it drop even more according to the previous 2008 pattern and considering 70% of the trading is done by those Algi Rythm things who are trained on past data which i think this chart is proof of that, it will continue down, maybe not quite as much as it doesn't appear to have dropped quite as much on the previous few times, but it looks like it may go lower after a pull back, it's what you call a planned shake out, creating liquidity for the Algo's, as more people will want to sell and get out of this choppy market and the Algi things will be thinking "Sweet after buying up all these cheap stocks we are going to drive the market back up and they won't even know we are doing it they will all be panicking like chickens with a Fox in the Hen House,we are so clever and the Securities and Exchange Commission, don't even care we are doing this we do it all the time lol those silly traders"
Created and funded by Hedge Funds and Banks, the little guy will be getting chmped up and they will be laughing all the way to the bank with big fat cigars in their mouths.
So i think be prepared for a bit of choppiness leading up to the Election alot of unrest on the Streets there's men with guns ya know.
Gives the Media a good reason to give any movement in the market a good jucy News Snippet.
RSi is very over sold so will probably be looking to pull back up to 5Fibs 50% mark, then maybe back down to follow the pattern.
Buy now anyway, as if it's not ever going to go back up, it's on sale.
imho : )
www.tradingview.com/...piGKfNm7-Nasdaq-100/
Before i start, no i'm not clairvoyant or Nostradamus i just observed how the Nasdaq was following the 2008 crash pattern as mentioned also in previous post and well blow me down if i didn't call the actual day, yes i know they will probably put me up for an award but i am just a humble trader but yes i will accept it only because they would have gone to alot of trouble with everything.
Anyway back to the Chart well i am wondering will it drop even more according to the previous 2008 pattern and considering 70% of the trading is done by those Algi Rythm things who are trained on past data which i think this chart is proof of that, it will continue down, maybe not quite as much as it doesn't appear to have dropped quite as much on the previous few times, but it looks like it may go lower after a pull back, it's what you call a planned shake out, creating liquidity for the Algo's, as more people will want to sell and get out of this choppy market and the Algi things will be thinking "Sweet after buying up all these cheap stocks we are going to drive the market back up and they won't even know we are doing it they will all be panicking like chickens with a Fox in the Hen House,we are so clever and the Securities and Exchange Commission, don't even care we are doing this we do it all the time lol those silly traders"
Created and funded by Hedge Funds and Banks, the little guy will be getting chmped up and they will be laughing all the way to the bank with big fat cigars in their mouths.
So i think be prepared for a bit of choppiness leading up to the Election alot of unrest on the Streets there's men with guns ya know.
Gives the Media a good reason to give any movement in the market a good jucy News Snippet.
RSi is very over sold so will probably be looking to pull back up to 5Fibs 50% mark, then maybe back down to follow the pattern.
Buy now anyway, as if it's not ever going to go back up, it's on sale.
imho : )
www.tradingview.com/...piGKfNm7-Nasdaq-100/