hello o/
potential change of trajectory in the indexes as of today
in my previous post i discussed the idea of us having reached a significant top \ the potential to see a move down to around 4100.
we ended up double topping \ backtesting the same 12 year level i was eyeing for awhile now. if you seen my 12 year count on spy, you'll know the significance of this level, and what it means for us to be back beneath it.
----
watch 4438.50 - if this level can hold, we might be able to expand a bit higher in the weeks ahead
failure to hold this level, and this will likely continue chopping \ bleeding down in the weeks ahead until the larger algo target in the lower 4000's is reached.
✌
potential change of trajectory in the indexes as of today
in my previous post i discussed the idea of us having reached a significant top \ the potential to see a move down to around 4100.
we ended up double topping \ backtesting the same 12 year level i was eyeing for awhile now. if you seen my 12 year count on spy, you'll know the significance of this level, and what it means for us to be back beneath it.
----
watch 4438.50 - if this level can hold, we might be able to expand a bit higher in the weeks ahead
failure to hold this level, and this will likely continue chopping \ bleeding down in the weeks ahead until the larger algo target in the lower 4000's is reached.
✌
Comment:
4100 ;)
Comment:
Comment:
could take months to get there, don't try to be a hero and short a falling knife - the market will most certainly kick your arse
have a nice weekend ladies and gentlemen.
have a nice weekend ladies and gentlemen.