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Crypto-Coin-Trader
Oct 7, 2022 3:20 PM

If history repeats... Short

SP:SPX1M
S&P 500SP

Description

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Easy to capture those 3 similar points.
This is no cherry pick, because e.g. the covid crash let not to a candle close below the average!

And 2017: There was a candle close below, but the next close was hugh and above and destroyed the signal.

Take care & good luck!
I will buy at the end of this year, maybe even in Q1 of 2023

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For crypto these will also mean more downside ahead!

Comment

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"I will buy at the end of this year, maybe even in Q1 of 2023"
Nothing i bought until today. We are far from over...

Comment

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Jobs....
Maybe 2-3 more months, then we should see at least a retest of the lows.

But i guess, it will not end there.
Buckle up!

Comment

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Update

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Comments
SamiKetonen
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Do you think bullrun has started? Spx seems so strong.
Crypto-Coin-Trader
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@SamiKetonen, not at all. We are in a bear market for the next months or even years.
But we will see bear market rallies from time to time.
pugsan
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Sure, I can see it if there's another black swan event say a nuclear detonation in ukraine. You can only hope, right?
Crypto-Coin-Trader
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@pugsan, hope for a nuclear detonation? Man, i hope very much, i misunderstood you. This sounds terrible.

And back to topic: No!
Just based on the chart / candle stick pattern, you can spot what i mean. This is already broken, we only have to wait.
Timewise its hard to predict.
pugsan
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Being facetious. I see 2800 by years end.
teodoro.bcs
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Nice
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