It seems that it will show support at 61.80% and break through all high points if it crosses the purple downward line. The effectiveness of jpm was actually a surprise. I don't think it's reflected in the stock price yet. I think a good buying opportunity is coming soon. If the golden cross of 100ma and 200ma appears on the 15-minute chart, it is recommended to enter.
The Fibonacci line serves as support and resistance. If there is a line above the stock price, it can be seen as resistance, and if there is a line below it, Though a long pitch appeared after a 200 m resistance. It seems that it will go up to 42.36% if it goes over well.
Dollar chart. The formula for stocks to fall when the dollar rises seems to have changed. The Nasdaq and the dollar are going together. The next target for the Nasdaq is around 16,000, and if the dollar also rises, it could rise as follows. Of course there will be tests. Two cases were shown.
This is a 4 hour chart. If a golden cross comes out and the swing-up is done well, an uptrend can be expected, but there is a risk of a decline if it fails to break through the 200MA or if it does not receive proper support.
The first wave of Fibonacci extension that started in March 2020 seems to have peaked. The next level is located far above the sky. It's not a strange position to be down here. Well, looking at the 1-hour chart, there is no upward momentum yet. This is a very large timeframe. So, don't take too much into consideration for the current trading. I'll keep watching and update
Another scenario for the oil chart. This time, I predict a little closer flow with an hour chart. If chart creates a waveform with the following flow, you may see flying oil in 2022. Creating and responding to multiple scenarios is helpful.
I used Fibonacci circles and used extensions. It is a prediction chart using wave properties. According to this chart, after hitting the $100 range in September of this year and falling, it rises again to $100 in early 2022, and then renews the highest price in 2022 after the decline.
Remember, this is just a personal scenario, not an exact calculation. The choice is yours