The question is not if it's going to drop that hard, the question is if it's gonna honor the fibs and provide a good entry.
When it hits the fan, don't say you weren't warned.
When it hits the fan, don't say you weren't warned.
Comment:
It will be interesting.
To be noted that NDX & SPX don't need to wait for DOW.
As an alternate view, DOW could have already finalized Intermediate (B) (red), with a triangle in Minor Y. A break of 24500.00 would send it crying towards 22000.00
To be noted that NDX & SPX don't need to wait for DOW.
As an alternate view, DOW could have already finalized Intermediate (B) (red), with a triangle in Minor Y. A break of 24500.00 would send it crying towards 22000.00
Comment:
Trade active:
Comment:
Comment:
*if the triangle formation (pink lines) scenario would be the right one, then DOW could be located in a wave 2 correction and a bearish leg would start.
Many pips ahead!