it_will_fluctuate

it_will_fluctuate Updated 

The gap zone from the Island Pattern earlier this year seems interesting because 510-505 are less thoroughly traded so far this year and will likely be the area we return to when this pullback is done. Bearish price action is all but confirmed, but can we expect an elevator down first thing on Monday?

it_will_fluctuate Updated 

In my previous idea and in many of my comments here on TV I have noted how similar today's market is to the 1995 market specifically. Today's three-day candle close matches one similar event in 1995 right at the end of the year, as compared in the idea. This was the only time 3 consecutive three-day candles printed in 1995 & the next close will be critical to...

it_will_fluctuate Updated 

Today the SPDR S&P 500 ETF made a rare marubozu candle - that is a candle with no bottom and no top. It is not said to have any predictive power, but to only exist when buyers (or sellers) have high confidence. The current bull market has historical parallels that suggest it may be here to stay. In 1995, a similar candle was printed the day before the legendary...