Ascending triange, divergence on weeks in RSI from 2018, MACD divergens from summer, will we go to 0.618 fib and even dipper to test trend line from 2009?
Correction? if you stick with the word Transitory it will. If you buy Bitcoins like Tulips in the 100's it will. If you believe January 6th was patriots day, the holocaust just an opinion. The 5 month parabolic move in inflation data BEFORE foreigners are allowed to enter our shores, before government mandate forcing vaccinations on workers with a JOLTS report hitting new highs monthly. The 40 year deflation cycle is being tested right now! Late January due for a "correction". By March/April a rout. The glorious bull market about to crash.
AT_2020
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@gdleibow, so when do you suppose crash to start? In January?
gdleibow
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@AT_2020, Anytime from late January thru early April is my best guess. We already had the political system decapitated and we still act like a chicken thrashing around without realization yet. Imagine Jan 6th considered Patriots Day, holocaust a fading opinion, and extreme hedonistic tendencies pretending science common sense and empathy is a choice most refuse to make. Bitcoin anyone? Even buffet refuses to look at his own century old indicators. This bubble is the largest ever recorded using any parameters you wish. Living in the Matrix most don't see it. First quarter of 2022 should be an eye opener.
darrenlall
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The correction already started. 4700 is your top.
AT_2020
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@darrenlall, could be so, but also it could overhigh to expiration in december
lieven_mestdagh
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@AT_2020 To be continued... I like your idea. Please follow up on this one.
AT_2020
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@lieven_mestdagh, thank you. However, I suppose also alternative variant, when we have head of the head and shoulder structure now (left shoulder on begining of september), and so will go to correction without overhigh.
The 5 month parabolic move in inflation data BEFORE foreigners are allowed to enter our shores, before government mandate forcing vaccinations on workers with a JOLTS report hitting new highs monthly. The 40 year deflation cycle is being tested right now! Late January due for a "correction". By March/April a rout. The glorious bull market about to crash.