amarta0811

amarta0811

Previous peaks have consolidated within a wedge pattern and broke down with a MACD bearish crossover. Right now, looks like we are about to cross yet again. Dump expected

amarta0811

This again is a pump from the european stock market which means its a short term effect. Example couple days ago we had a bart caused by the american stimulus program. Personally im adding more shorts

amarta0811

Hello thanks for checking out this post. The ultimate final price will be 5500 if we manage to break the 6400 price level which is one of the strongest. Price lines in between will have low strength support (VPVR).

amarta0811

We are forming a head and shoulders. imo VERY bearish.

amarta0811

We will probably head down to the 3k region. If have a possibility of a W pattern playing out and if this does we will definitely fill the oldest CME gap at the 3k region. Currently we have an imminent convergence of the 50 MA Daily with the trendline, imo it favors the bears.