Weekly Triple negative divergence in FFTY for the RSI and MFI - not shown here but you can quickly check it. No trading advice here. Chart and comments are for entertainment and educational purposes only. For Trading Advice, seek out a professional.
Here I'm showing Nikkei's Weekly rising expanding wedge with a throw over top. As such, the decline this year could be a partial decline followed by a quick rise. Throw over could be due to the unprecedented balance sheet expansion of combined BOJ, Fed and ECB. European DAX also shows a throw over top in its megaphone (broadening wedge) pattern. In another words,...
All charts and comments are for entertainment and educational purposes only. For Trading Advice, seek out a professional.
I have the chart depiction of Nikkei's multiyear rising expanding wedge and outcome laid out here. In my understanding, the Dow, SnP 500 and all the rest of indexes worldwide will mirror this to the final lows in March 2022 and probably beyond. The standard price targets in that rising expanding wedge pattern along with possible cycle date timings are shown no...