Bullish breakout confirmed, PTs shown here. Wave becoming more established since last week. Market wants to melt up again.
Still following nicely, double top faceoff before full recovery, finishing last leg down before continuing megawave up to Xi's top secret moonbase.
Basic wave theory, folks. Higher highs in a bull-trend.
JPOW holding up this great American market like Atlas with the world on his shoulders. Good economic projections, good month historically & statistically, and according to wave theory you have to break previous highs in any major trend. Rising wedges to infinity while the boomers feed off the interest. Took my previous PTs and ate them in a bowl without any milk.
Ready for the second leg up, must be time to double dip ( ͡° ͜ʖ ͡°)
QQQ wants to z00m so bad. Hedgies like 'nothing to see here boomers go back to sleep rotation is over'.
w0w0w his grace sir Xi is very str0nk, very steadfast, very determined for the motherland.
Volume averages have increased throughout the last year indicating increased volatility, and in a low-vix environment with high inflation expectations subsequently an inflated market with inflated price-swings and volatility. PTs and resistances were created since last-year's trend started, showing clearly in-tact relative tops & bottoms from 2020 status quo with...
sry i can't stop staring at these charts, but notice how crossover and divergence on 1hr RSI shows mega-wave top and bottom, and that we see a stochastics crossover today while futures absolutely rip and BIDU remains persistent in testing its respective waves. We truly are at the bottom.