Hi, not posted in some time but this appears a very important moment in the market, especially for some people exposed to the stocks and shares market, this feels like a big crash incoming. Notable huge amounts of no interest money has been ill placed into the market artificially pumping stocks up to unreasonable heights. This in conjunction with reliable time...
We've had a triple daily divergence and we are now potentially in a wave 2 of a wave 1 movement. IF we break up from here I anticipate the resistance at the top of the channel which will then retest the small head and shoulders. If there is support at this level i expect wave 5 of wave 1 to test the long term head and shoulders formation with a retest of the short...
