As described on chart. Possible long idea. Targets marked by fibonacci levels.
www.tradingview.com The following chart describes the Fibonacci levels that are current. The green boxes identify similar consolidation pattern. November 25th 2014 was the time of a flash crash as per data found. It is also around the time SPX started forming a round top. Use IDC feed to see the long wick marked here with red arrow, date 25th of November...
This chart indicates levels at which SPX will travel to in the incoming correction. I have marked only three. I will continue to update the chart on a daily basis once this is set in motion. www.tradingview.com I have included two other charts on past ideas regarding SPX and the pattern it makes.
www.tradingview.com The following chart illustrates what SPX has been doing since February 2015. Which is a replica pattern from November 2014 to February 2015.
www.tradingview.com Short SPX500. Target 2008. Consumer discretionary the weakest of the index. DLTR LOW HD
The following chart is a small scale representation of what appears to be a repetitive cycle, a 100 year cycle. The link attached is the historical 100 year price of gold. I have marked the approximate dates that this small 15 minute chart represents. I cannot post a smaller scale that give greater detail. So I will attach an image address. Often, in gold,...
www.tradingview.com To go along with short SPX, long gold of course. Just something I think it might do. BTW, do not trade based on this. This only speculation and utilization of various tools. I am not responsible for any losses but mine...LOL
www.tradingview.com The potential for this? Many implications. Among those, index correction. Fear in the markets. Bullish metals despite strong dollar.
www.tradingview.com Using the same chart but added certain elements. There is a bullish divergence in 8h.
www.tradingview.com I have the idea that we are at the beginning of a correction and that sooner more than later, this bovine feces will hit the fan. Bull trap...
www.tradingview.com Maybe I am wrong, maybe I am not. I will post this just in case. What's the worst that could happen? This is my view.
For some reason, my previous idea is not working when you press play. I posted a link. It was prior to the down move we had this Friday. I recognized the pattern as one we had done before. Before BREXIT that is. That is why I was so sure it was going down that deep as per the red arrow. I will update with more targets down and a possible Time Frame. ...
Letters mark the corresponding move prior to BREXIT. Why does this happen? I do not know.
As the idea states. Short platinum till it reaches 1047 USD. It might do the pattern described with the arrows. www.tradingview.com