I plotted some long-term trend lines, retraces, and linear regression to watch out for and came up with 4 simple zones shown above to make it easy to visualize.
We should be very cautious getting in too early as we are on the brink of meltdown based on all indicators, timelines, and most experts are in agreement now that this is a bubble fueled by many things.
Because of the awareness and control of the market to prevent a crash like last year, it seems more unlikely we will have an event of that magnitude, but rather a slower, more drawn out pull back.
Don’t kid yourself, we are very much in the danger zone right now. It is easy to forget the inflated pricing we find ourselves in from panic euphoria. Things can go sour very quickly as we saw yesterday just from earnings dumping.
So as of now, these are my zones in interest and areas of relative risk involved IMO.
=FIB
We should be very cautious getting in too early as we are on the brink of meltdown based on all indicators, timelines, and most experts are in agreement now that this is a bubble fueled by many things.
Because of the awareness and control of the market to prevent a crash like last year, it seems more unlikely we will have an event of that magnitude, but rather a slower, more drawn out pull back.
Don’t kid yourself, we are very much in the danger zone right now. It is easy to forget the inflated pricing we find ourselves in from panic euphoria. Things can go sour very quickly as we saw yesterday just from earnings dumping.
So as of now, these are my zones in interest and areas of relative risk involved IMO.
=FIB
The prediction is in...
= FIB
= FIB