Get ready for a face melting monster rally EOM into April.
Trade ist aktiv:
Longed it intraday but I do not trust this move EOW feels like a head fake, rejected from TL OED, still expect a final move to washout low this month, probly next week. Bull reaction wave EOM > April likely IMO
Kommentar:
Ideally, the falling wedge will form after an extended downtrend and mark the final low. Progressive contraction of high/low trendlines towards a point marks decreasing downside momentum. Read:
school.stockcha...ts.com/doku.php?id=chart_a...
The breakout is difficult to predict as finishing bearish moves occur suddenly near the wedge tip (like Friday's). Get ready...
school.stockcha...ts.com/doku.php?id=chart_a...
The breakout is difficult to predict as finishing bearish moves occur suddenly near the wedge tip (like Friday's). Get ready...
Kommentar:
IMO index is in (v) of (V); final flush coming.
Be wary; advent of WW III, release of nukes by former Soviets, rate hike of 50 bp or all the above could trigger a massive flush... absent these events, should enjoy a rally EOM IMO
Be wary; advent of WW III, release of nukes by former Soviets, rate hike of 50 bp or all the above could trigger a massive flush... absent these events, should enjoy a rally EOM IMO
Many authors proposing End of World Calamity, Doom, &tc. Death Crosses been in vogue. Notably, the Death Cross usually occurs near end of bear move as culminating event. So, yes we ought to expect lower, but get ready for higher thereafter.
Worried investors asking if they should sell out now. Fear index is peaking at extreme and capitulation occurred on Monday with DJI -800, SPX -125, NQ -500.
Expect a final washout low before a monster faceripping rally; this is how market makers get your money, they buy your stocks when you dump them in panic.
Baron Rothschild: "Buy when there is blood running in the Street, even when it's your own!"