beside March 10 posts now we Sell US30 30 min - Head and shoulder pattern expect to reach 2nd target 18000 - 17826.
I'm shorting this just like the movie called 'The Big Short' . Risk reward looks solid, Actually it would be tremendously well when it does go that far because it would follow through and crash into 2 year period of bear market at least. ***TRADE WITH YOUR OWN RESPONSIBILITY, THIS IS NOT AN ADVICE.***
Dates in the future with the greatest probability for a price high or low
short term slightly react to last year's support then continue the Elliot wave pattern. at the end hopefully we will have repeating pattern of 2009
After i sucessfully predicted this massive crash 7 Months Ago on my original chart idea, i decided to update with potential targets and say that dow could go as low as 15-16K before we find an official bottom
My analysis I never published. Preformed on 2/25/20, no indicators or drawings or anything else has been added by me to this chart since then.
Detail @ The Chart
Wave A - Third Sub-Wave currently unfolding
Dates in the future with the highest probability for price direction reversals
28000 - 27900 is a zone where we detected multiple pips. after the massive loss of 1000 points, we are facing a reversal/retracement of the daily loss of yesterday. we see that the price is trapped in the yellow box en developed multiple wicks. We can expect around 14:00 a stop hunt to the level 27880, and after that, it will rise.
My previous posts on this subject were much longer, but I'll keep this short and sweet. You can check out my other posts (linked below) for more in-depth analysis and my overall perspective. I actually DID NOT want to see the stock market continue up here. It's just further confirmation that we're still following this fractal from 1929. I drew the yellow...
On the Equities front sentiment is starting to shift once again towards the negative side with offloading being done at the highs. After clearing Powell focus is shifting back towards the pressures on earnings from Coronavirus and spillovers, not expecting much more room to the topside in the immediate term. Investors do not like the headlines from China with...