I am not saying that this is a likely outcome but given the similarities its something to muse plus we will know very soon indeed.
I am sure this will be to many peoples amusement but when you get this many things lining up its worth a few seconds of your time.
Feel free to have a good laugh, just remember you were warned.
Good trading to you all guys.
I am sure this will be to many peoples amusement but when you get this many things lining up its worth a few seconds of your time.
Feel free to have a good laugh, just remember you were warned.
Good trading to you all guys.
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Ok well the close was pretty much as we would like following the 1929 analogy a nice long wick on the top......let the sell off begin it will be slow to start if it takes place.
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So today was as expected a very slightly down day but a good inside reversal day gapped up open and closed near the lows, again this is following the 1929/1987 analogy.like i said at the start we are going to know in under 4 weeks whether this is what a once in a generation short!
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Ok so today as expected especially if we use the 87 model take a look at the charts, tomorrow should see increased downside and a decent sell off take a look at the 87 chart and the arrow thats tomorrows candle
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Ok well that was not the day we were looking for but we still have time, maybe it was too much to think it would follow the pattern step by step time will tell. For now the trade lives on...........!
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Update: Nothing as yet just stuck in a holding pattern but trade lives one! Lets hope this transpires
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trade invalidated, like i said low probability trade.
Please note i am by no means expecting a 50% decline. All seems Ok and as expected thus far.Lets hope this thing gets "ricking and rolling"OVER downwards