On the 29th of May I posted where I thought the key supports in the big blues would be. I think a giving up of these supports will take the market down at least 20%. Probably further.
Here's a review of these levels on the 17th June.
AAPL - Bounce on the support zone. If we head through here again I expect to see some very obvious selling. Building up to panic and taking us into my target level around the 100 area.
GOOG - Retested the break zone and made a strong rejection of it. I think this may be the writing on the wall for GOOG and it's heading to the target area of 1770.
TSLA - Makes a possible inverted head and shoulders on the support zone and breaks through it. I think this is telling us the bulls have little interest. 500 is TSLA break target.
MSFT - This one was already a clear break and the one I felt the most obvious short. Nothing changed there. 190 target in a break.
AMZN - Had a stock split and totally ruined my pretty lines. Thanks a lot, Amazon!
These swings would take us down to my first big target area on the SPX short of between 3400 - 3350.
Here's a review of these levels on the 17th June.
AAPL - Bounce on the support zone. If we head through here again I expect to see some very obvious selling. Building up to panic and taking us into my target level around the 100 area.
GOOG - Retested the break zone and made a strong rejection of it. I think this may be the writing on the wall for GOOG and it's heading to the target area of 1770.
TSLA - Makes a possible inverted head and shoulders on the support zone and breaks through it. I think this is telling us the bulls have little interest. 500 is TSLA break target.
MSFT - This one was already a clear break and the one I felt the most obvious short. Nothing changed there. 190 target in a break.
AMZN - Had a stock split and totally ruined my pretty lines. Thanks a lot, Amazon!
These swings would take us down to my first big target area on the SPX short of between 3400 - 3350.
We may be inside of a crash event to 3000 in SPX.
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
We may be inside of a crash event to 3000 in SPX.
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.