SchmitzVI

SchmitzVI

Daily Chart Note: Five day confirmation of trend before fib placement. Note: RSI below RSI MA Bear Entries (Unless above Ichimouku Cloud) Note: RSI above RSI MA Bull Entries (Unless below Ichimouku Cloud) Posthigh-Prelow = Entry in Bull 0.382, 0.5, 0.618 Prehigh-Postlow = Exit in Bull 1.272, 1.414, 1.618 Prelow-Posthigh = Entry in Bear 1.272, 1.414,...

SchmitzVI

We will see the S&P500 break below 3000 by Christmas. Unless they decide to pump for money into the market but this is getting harder to do as we're currently far to stretched above the 200MA. We are in desperate need of a correction. When the the next big market crash does come to fruition it has a strong possibility to go to 1500, which were the previous ATHs of...