Hello again!
As promised, I am back and will be posting more often.
Some patterns here that cannot be ignored.
1. The cyclical nature of the market timing that occurs.
2. The "phases' that occur when the market is bearish.
3. The RSI similarities to the dot com bubble.
Note:
Tradingview doesnt provide enough historical data for my dot com bubble support line (its drawn much more accurate on TD where i have all the data available to me.)
These reflect my personal thoughts and are not financial advice.
I see a correction occurring that brings us down to ~3700ish in april/may. From there we will crawl back up to ATH but without anymore significant movements record breaking movements up (perhaps 4k max). Once we lose the support line the breakdown will begin, i have charted it based on my view on the charts.
There are countless variables that can impact this analysis and quickly change the path drawn above, I simply do the best I can with what is available at the time.
Happy trading!
S+S
TTT
As promised, I am back and will be posting more often.
Some patterns here that cannot be ignored.
1. The cyclical nature of the market timing that occurs.
2. The "phases' that occur when the market is bearish.
3. The RSI similarities to the dot com bubble.
Note:
Tradingview doesnt provide enough historical data for my dot com bubble support line (its drawn much more accurate on TD where i have all the data available to me.)
These reflect my personal thoughts and are not financial advice.
I see a correction occurring that brings us down to ~3700ish in april/may. From there we will crawl back up to ATH but without anymore significant movements record breaking movements up (perhaps 4k max). Once we lose the support line the breakdown will begin, i have charted it based on my view on the charts.
There are countless variables that can impact this analysis and quickly change the path drawn above, I simply do the best I can with what is available at the time.
Happy trading!
S+S
TTT
Comment:
Nasdaq could be targeting 9k by the end of March.
S&P picture is more muddled. Perhaps 3,350.
GL
S&P picture is more muddled. Perhaps 3,350.
GL
Major GEX drop and we are in the 4 hr ichi cloud. I think i would be sweating if i was long. Could be a much needed correction next week.