1.618 Fibonacci extension line on the Bearish Gartley pattern intersects the high trendline, Demark pivot resistance and completes the Gartley pattern at 26268.
Look out for the usual patterns- shooting stars, Pin Bar, H&S if we get them as clues. None to be seen anywhere 8/27 all day so it's probably going higher.
Just a best guess. Good luck!
This post for...
Reached 2903.77; precalled 2903.5 the night prior. Pretty snug fit- right at trendline.
Expect some pullback to fill the gap up from 2875 and possibly to lower S1 support at 2862.
I would be be cautious for Bear Traps, don't get caught in the pivots!
Good luck-
This is not investment advice it's purely an educational post, enjoy!
Demark pivot R1 at 2907. High trendline intersection in bear (bull?!) flag at 2903. Bullish algos- can they drive it through resistance to break up?
Now we have a double-double top and three drives to the top. Have been fooled before but this sure looks overbought.
Maybe going to the Moon... or headed for a timely pivot reversal.
As always this is not...
