Something interesting may be about to happen. For now I remain firm on this level of support until it is broken.
Yes this may seem weird but the original support remains in place.
At the moment I am working on a new bull market theory and so far it's checking out across different indexes.
I have changed some counts around but other than that the waves still provide the support needed.
The strange price action made me question everything so that is why.
See my NASDAQ idea below to get more of an understanding of what I mean.
I believe it has something to do with the inflation in the currencies that these markets are priced in, see my Gold Idea to see why I believe this to be so.
Support: 25016
I will provided further updates shortly.
Please LIKE and FOLLOW to get notification of updates and future posts.
Yes this may seem weird but the original support remains in place.
At the moment I am working on a new bull market theory and so far it's checking out across different indexes.
I have changed some counts around but other than that the waves still provide the support needed.
The strange price action made me question everything so that is why.
See my NASDAQ idea below to get more of an understanding of what I mean.
I believe it has something to do with the inflation in the currencies that these markets are priced in, see my Gold Idea to see why I believe this to be so.
Support: 25016
I will provided further updates shortly.
Please LIKE and FOLLOW to get notification of updates and future posts.
