I had posted on previous NDX thread that I have been waiting to see if this long term "re-test" of 1:1 from the top can cause a bounce.
But having looked at weekly charts again for indexes, they really do look terrible as following the CPI report all indexes collapsed and they have all printed engulfing evening star candles.
SPX
DJI
These charts really do look a mess and I think the BIG crash is really finally here.
Good chance the big gaps following the CPI reports will get filled to begin next week with upside shakeout reversal patterns unless the collapse begins pre-market to see another gap.
Ridiculous discounts are coming.
Not advice.
But having looked at weekly charts again for indexes, they really do look terrible as following the CPI report all indexes collapsed and they have all printed engulfing evening star candles.
SPX
DJI
These charts really do look a mess and I think the BIG crash is really finally here.
Good chance the big gaps following the CPI reports will get filled to begin next week with upside shakeout reversal patterns unless the collapse begins pre-market to see another gap.
Ridiculous discounts are coming.
Not advice.
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