complete wave iv of this LD. Support can be expected at the Pivot point. A good place to add to one's position for the ride up sub (v) of the LD.
QE.
as much as 55%. The chart appears to support Citron's position. Too bad options are very illiquid.
equally unparalleled response from the Federal Reserves Bank. Fib 38.2 must hold. If it doesn't hold, there is a chance that the Bull cycle that started from March 2009 could be at an end.
years ago and clearly shows the rising VIX base that led to the crash in 2008 was also happening in 2018 and 2019. QE 1,2&3 helped to pull the market out of the 2008 crash. It appears that unlimited QE announced today could do the same for the crash in 2020.
bullish for Gold, Silver, and miners. In 2009, QE1,2, & 3 took silver from $11 to $49 in March of 2011. Likewise Gold rose from $800 to almost $2,000.
it was completed, it simply took off. Expect a wave 2 retracement of at least 61.6%
in progress with three typical targets. The most probable is A=C at $65
another 1-2.
followed by a 3 down to fib 76.4. Looks good for a wave 3 action.
In the post Virus world, there may be room for a robot....
This would be a nice stock to have for the recovery.
rate by up to 100bps by March 18, yields on bonds will suffer. Shorting LT
Besides retracing 76.4%, it went a bit further to fill the gap below. As a testament of having completed its correction, it went up 10% after touching the low.
great for swing trading. Wave d has a target of $50.
Anyone of the three could be the support.