sushishifter

sushishifter Updated 

If we fall back to 8000, I see 6000 in play.

sushishifter Updated 

The macro uptrend we've established since 2008 is still in tact. However, according to the Sherwood Retail Sentiment indicator, retail trader sentiment is forming bearish divergence as SPX rises. Furthermore, the monthly chart shows a hanging man candle as March comes to a close. Given that we're close to the all time highs, it's prudent to just sit out the...

sushishifter Updated 

Looks like we're on our way to an inverse cup and handle . If it fully forms, we could be looking at a drop down to 4k.

sushishifter Updated 

The right shoulder has stretched out a little since my last update, which honestly makes it look more symmetric. The right shoulder from my last idea was a little scrawny.