Same pattern playing out from the last time. This time the scale is much larger so the downside is much greater imo.
THE SP is now into my alt targets if it is a wave b it would peak 2844 or 2852 if it is a 5th it will peak 2862 or 2873 look for a drop to 2700 area oil is peaking and trouble in HYG
Script seems gud to short below 3660 with marked SL and targets.
THE WEAK LINK IS KEY TO FUTURE BASED ON MOST BANK INDEX I FOLLOW WE ARE WITHIN A FEW HOURS OF A MAJOR BOTTOM AND RALLY IN ALL WORLD INDEX I HAD BEEN TARGETING A DATE OF A PANIC INTO DEC 11 AND A I.T LOW WELL WE ARE HERE AND MOST OF THE WORLD INDEX ARE NOW SETUP FOR A STRONG RALLY BACK INTO JAN 14 DATE I AM NOW MOVING FROM A VERY BEARISH VIEW TO TIME...
BANK - Although for some reason today's candle is not yet on the chart you will see that price is bullish today and is struggling to break out of a falling wedge in an attempt to test the range of of a 4 month sideways channel. A close above $3751.34 will confirm the start of the rally back to $3835.21 | The 20 and 50 exponential moving averages are in favor of a...
BANK index: There is an enormous Adam and Eve double top forming inside the sideways channel. This may suggest that price is going to fall back to support. However there has been a lot of bearish divergence over the past two weeks and a corrective move bullish may push price into a breakout out of the sideways channel diverging from the bearish double top. As it...
A Break out at the Orange line is what Im looking for, for a possible Long Entry. Mac D Confirming Reversal trend is up.
Canal lateral en índice bancario de Nasdaq
Bank Index either a throwback or another +8% upthrust
Stuck between two patterns, we should see it play out soon