On the weekly chart we can see negative divergences since end of February peak ...
The wave count shows that we are already above wave 5to1 equal point moves (whatever the count will be: 2363 or 2515) ...
Last stage runup fueled by Trump TAX reform and Healthcare reform talk - nothing happened legaly yet ... Will it come or it is just empty talk ?
North Korea tensions , hurricanes destructions , FED balance sheet reduction , EU separation movements , Trump administration rotations ... that is just few risk ahead. Do markets matters ... ? At some stage it will ! Be prepared ... imminent crash is near the horizon , could be even seen as one day drop 15-20% as a start.
Good Luck !
The wave count shows that we are already above wave 5to1 equal point moves (whatever the count will be: 2363 or 2515) ...
Last stage runup fueled by Trump TAX reform and Healthcare reform talk - nothing happened legaly yet ... Will it come or it is just empty talk ?
North Korea tensions , hurricanes destructions , FED balance sheet reduction , EU separation movements , Trump administration rotations ... that is just few risk ahead. Do markets matters ... ? At some stage it will ! Be prepared ... imminent crash is near the horizon , could be even seen as one day drop 15-20% as a start.
Good Luck !
Trade attivo:
If you are already short from 2550+ levels or on the sidelines please consider short entry below 2564 level. SL above ATH.
Yesterdays GAP and close below previous day low gives us OutsideReversal day. Bears should follow it today...
Good Luck !
Yesterdays GAP and close below previous day low gives us OutsideReversal day. Bears should follow it today...
Good Luck !