IMO we reached a major inflection point. 20k or 5k.
Maybe the ellen degenerate thing its not enough food for bulls, and we are going down.
Pay attention to fake news propaganda media outlets and fake jewllybood celebrities, read between the lines, and maybe, just maybe, we could anticipate their move.
If goes through the SMA on the daily we can expect to bulls run the show till the next resistance.
If doesnt go through the SMA we can expect to bears eat the bulls and migrate down the mountain to low lands, so they can make nice possitions at less than 7k.
My 2 cents
Ive started making this chart two days ago, we didnt know if this was a bull trap or not, well now im pretty sure is a bull trap.
So we are going to dive for a while, to test supports, I want to go to 5k ish, but I will keep analysing while we go through the weak supports till 6k where we found the strongest support by now, if we break 6k to the downside, we can...
Dont let this bull trap fool you.
Japanese are well known for their sushi, subarus, anime porn and renko charts.
Renko charts get the noise out of the chart so you can see the real supports and resistances.
On this Renko you can see the support at 5200 ish, if you have paid account I encourage you to check out the hourly charts and you will notice where is the...
Im a wizard, I come from the future with the donald, mike "tickles" pence and the young barron. I know it will hit 5500 because obviusly the institutional investors got in in that price. Ask me anything