Dow Jones Industrial since 1966.
Fisher Divs On 15D Timeframe.
18 out of 24 Divs gave correct entry and exit signals.
They marked the 66s top/70s bottom/73s top/ 75s bottom/ 00s top/ 07s top/ 09s bottom/15s top/ 18s top.
On the 30 Of Aug signaled exit, marking the current ATH.
SPX Weekly Fisher Divs 19'/21'
Fisher signaled at 30 aug close.
On each fisher sell we had a minimum 2.19% decline, with the biggest being 19.24%
I excluded the decline of March 2020 although it flashed sell before the crash.
Currently above 50DMA, will monitor Monday intraday
If bitcoin is Bullish needs to put a HH.
Rejecting 49/50s and breaking through 44.5 on daily candles will confirm LH and LL, confirming a downtrend. Similar distribution pa.
Rejected hard on log channel which acted as support with 4 taps at 30s
Breaking through the log channel is my long scenario
and breaking through the lower lows is my short...
This is how MAs Work on #bitcoin.
Don't be bear, Don't be bull.
We are going to test 200 MA which is at 44K$ area (MA continues to rise).
I will bet that we get rejected from there.
Death Cross IS A LAGGING INDICATOR, WE PUMP FROM THE CROSS & turn 200MA into resistance.
Not A financial Endorsement.