Hey hey, do we want to take a moment and stand up for the accuracy AND timing of this chart? !! Amazing pal .. What's next in store if I may dare to ask? Thanks friend.
gabunomibouya
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@tfinavia,
Thanks.
Now the time is to cash out, IMO.
I can't buy anything.
If I were an aggressive trader, I would sell.
Select the Short.
See below...
tfinavia
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@gabunomibouya, Thanks friend. Great chart again on the Megaphone. I still remember your DAX chart pointing to H&S bottom (@10,200) in December 2018, that was a great insight. If you could please post your insights on DAX, CAC40 and SPX along with possible trading levels for this time around (e.g. here in this chart for the DJI, the 1st bounce level is 26,000; likewise on SPX it looks to be 3,250 etc.) that will be easy reference for a person like me as I only know the first trading levels and nothing thereafter. I know for larger declines there could be several trading or long trade stops and not like straight line drop such as in March 2020. And you know that was for the C wave crash in DAX monthly, hence pretty much straight in line. Now, I see five waves completed in DAX post March 2020 and we may be looking at A-B-C decline per which US markets will follow along. At least that's my understanding currently. Thanks again!
gabunomibouya
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@tfinavia,
Do you remember that post???
Thanks!
OK, I'll try to post other index as well.
Indeed, it seems that five waves completed in DAX.