I thought I pinned this down before but it expanded into another perfect fit, slightly bigger extension!
Pretty unreal here how closely it aligns, every single turning point is in a similar proportional relationship all that's left is 3680 ATH and crash to continue to fulfill this fractal.
It's about 2x the March fractal so I've extrapolated based on that combined with the data I have for peak and bottom timing.
I dunno, I'm pretty over the crash scenario at this point but shit if it does happen, this is what the fractal suggests will be the course.
I haven't fully capitulated my bearishness either just hanging around Neutral right now but with Bears approaching extinction and bulls at the top of their 9M can't lose streak, it could be a great time for The Machine to exploit long positions for max profits.
Okay now that you’re over the crash, my radar turns on. The crash would only happen if you’re over it
shkspr
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@horacejunior, I agree with you. They want to fool us and when you are not ready it'll happen. you need to be 5X cautious now. The correction or crash is obvious, just look at dollar and gold and bitcoin and bond prices.
@horacejunior, very much agree. When the very last bear turns bull, then it is when the market will crash.
gary_trades
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I also believe we are due for a good sized correction soon, but how soon and what will be the trigger is something I don't like to predict as I'm more of a read the charts as they happen/appear kind of trader. However I was sitting through a Time Cycle / Gann trading presentation a few days back and this presenter also had March - April 2021 as the date of the next low.
onlyspxfans
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trying to learn here: would you be able to explain how those fractal lines are drawn? Is there a certain indicator you used? Thanks in advance.
ProfitHarvest
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@angryinvestor, I'm just highlighting what's already there! Current one is about 2:1 of the first.
onlyspxfans
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@ProfitHarvest i guess I meant what are the purple lines?
ProfitHarvest
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@angryinvestor, Core horizontal trend iterations
YouCannotBeSerious
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Just incredible how this fractal fits. Wel-spotted! I love the fact that the most committed bears are turning neutral. I reckon we are going to see the top this week, maybe Monday. Incoming!