UEMS above 0.89 is bullish, below 0.89 is bearish. Key date to watch is around 19 Feb 2024. The projected trajectory is heading north unless the key support of 0.89 is broken.
Hi, i would like to understand, how did you come up with the dates?
Yang358
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@nicholaslowck9, the concept is similar to planetary conjunction.
"In astronomy, a conjunction occurs when two astronomical objects or spacecraft appear to be close to each other in the sky" (source: Wikipedia). The predicted date is nothing superstitious at all but it simply mean the underlaying forces during this period will be at its greatest strength just like we have high tide and low tide due to moon cycle and most fisherman know how to calculate it. But I thought the chart is quite obvious how the date is selected :(
Or maybe put it in this way. If you understand how the universe works, stock trading will be a piece of cake :)
Just remember in stock trading it is not how accurate you can predict the market movement but it is how well you manage your risk. Plan your trade and trade your plan.