Here's my prediction for how things will turn out after lunch on Sept. 4th. As you can see, there's a cycle of optimism and fear. Short rallies and deep selloffs. Some of the bears from yesterday are walking back their predictions and saying things may go higher. This could be the denial stage already, or maybe not. But looking at NASDAQ:AAPL, their bubble has only begun to pop. So we will see how this plays out.
how far can we go down from here ? do you have a bigger chart ?
UnknownUnicorn10892702
⋅
@samitrading, There are bigger charts in my ideas. I'm focusing on the short term right now, and the expected gain from the short position I bought this morning is based on the crash in March. The bottom dip in that crash is a conservative estimate of how far down we will go this time.
RDJones0523
⋅
Have you factored in the Mnuchin & Co. pump buying into the long weekend? ;>)
UnknownUnicorn10892702
⋅
@RDJones0523, Haha no that is not factored into this model.