saboulnasr

saboulnasr

This 95% accuracy bearish pattern is highly indicative of a massive drop in the market.

saboulnasr

This 95% accuracy bearish pattern is highly indicative of a massive drop in the market.

saboulnasr

The market is at the top of a long term channel that it has recently re-entered. It is also due for the 4th wave in the Elliot Wave cycle. In addition, a drop to the short term trendline would be a perfect 50% retracement before continuing higher in the 5th and final wave. The market should then form a downtrend as well as a head and shoulders pattern.

saboulnasr

US30 has re-entered a long term trend. It is currently at the top of this channel and is forming an ascending wedge.