As per the classic rules of a trend holding 76 retracements, if FAANG were to break again we'd have a failure of the FANNG uptrend. FANNG would have crossed the level where a correction becomes a reversal.
Very critical level.
Low could be in, from a more optimistic stance. 76s are common levels for lows. However, I think we probably should have made a low and been higher on the first drop to 76. This has more of a bull trap feel to it at the moment.
Very critical level.
Low could be in, from a more optimistic stance. 76s are common levels for lows. However, I think we probably should have made a low and been higher on the first drop to 76. This has more of a bull trap feel to it at the moment.
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.