Look carefully. I'm not saying to that anybody needs to trade 3-day time frames.
The point of this chart is to show that there is an overdue correction - and I don't know when it's gonna happen. Why? Cuz unlike many out here, I have no crystal ball - and I don't own the future.
Elliott waves are not to be interpreted rigidly. Fibonacci does not tell markets what to do.
The NASDAQ, DJI, S&P500 and several other markets are overdue corrections as we head into the 7 to 11 year economic cycle. For those who don't know the cycle exists and it is heading for a trough which hasn't happened as yet.
Disclaimer: This is not a recommendation to buy, sell stocks or trade in securities. Your losses or missed opportunities are your own. If you lose money - kindly sue yourself.
The point of this chart is to show that there is an overdue correction - and I don't know when it's gonna happen. Why? Cuz unlike many out here, I have no crystal ball - and I don't own the future.
Elliott waves are not to be interpreted rigidly. Fibonacci does not tell markets what to do.
The NASDAQ, DJI, S&P500 and several other markets are overdue corrections as we head into the 7 to 11 year economic cycle. For those who don't know the cycle exists and it is heading for a trough which hasn't happened as yet.
Disclaimer: This is not a recommendation to buy, sell stocks or trade in securities. Your losses or missed opportunities are your own. If you lose money - kindly sue yourself.
Nota
I'm not even interested in wave 5. Wave 4 will be the important one.
Nota
BRACE!! BRACE! You've been told! 
FED balance sheet 42% of GDP @ 2020-01-26. Does money have value anymore? [Different perspective on the virus youtu.be/NjTdvALChwk ]
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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.
FED balance sheet 42% of GDP @ 2020-01-26. Does money have value anymore? [Different perspective on the virus youtu.be/NjTdvALChwk ]
Pubblicazioni correlate
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.