I expect that in this week (maximum tuesday) we will close somewhere between 50-53k - then we will get similar candle pattern as in the past. The shadow of candle cover more than 50% of the previous week candle. Previous time we've got a 2 week correction. On tuesday upper boundary of the rising wedge (we are in this wedge whole bull run from 21 july - you need to...
Extended price weakness appears to be pushing Asian currencies below historical price channels. A breakdown from this support channel could mean a complete breakdown in currency values going forward. This may be the beginning of much lower price exploration in an attempt to fund support.
Hold onto your heads and profits folks. The crap may begin to fly soon.
Watch the ES/S&P for a massive breakdown or breakout move near this inflection point. My Tesla Arcs are showing price is, just now, breaching the current arc and that usually prompts a bit of price rotation.
You can see from my price channels that any rotation lower would likely end near the Green upward sloping price channel and would likely prompt further...
We do not even know, what to say. Everything is reflected in the charts in terms of the fundamental, historical and wave analysis. Maybe we are wrong, and the oil, will take the form of long-term correction, but the growth is unequivocal in the coming years. This is our opinion. Yours faithfully!
