Im in transition for next 16 hours plus, wont be able to post or trade the open.
Im seeing a small H&S pattern forming on smaller time frame. Should stay below or around 4k top for it to hold and then trigger.
Looking for a low either on the 25th or 28th.
Ideally we top tomorrow as time window suggests we will, or low tomorrow and high by Wednesday.
Im expecting a good size decline to start soon, should last into 1-4th of Aug at min, bounce and final low 13-15th of Aug.
From where we should rally super strong (Mar like) into the EOM or first days of Sep.
There is something serious is about to happen early or mid Sep, so if we do see 4300+ Im going to stay fully naked with ZERO longs!!!
Again I do think we have much lower to go, but the short term pain is on the upside.
Will update those who are on my email list from the airport, few things to add there.
Have a great rest of your weekend!
Im seeing a small H&S pattern forming on smaller time frame. Should stay below or around 4k top for it to hold and then trigger.
Looking for a low either on the 25th or 28th.
Ideally we top tomorrow as time window suggests we will, or low tomorrow and high by Wednesday.
Im expecting a good size decline to start soon, should last into 1-4th of Aug at min, bounce and final low 13-15th of Aug.
From where we should rally super strong (Mar like) into the EOM or first days of Sep.
There is something serious is about to happen early or mid Sep, so if we do see 4300+ Im going to stay fully naked with ZERO longs!!!
Again I do think we have much lower to go, but the short term pain is on the upside.
Will update those who are on my email list from the airport, few things to add there.
Have a great rest of your weekend!