On the 29th of May I posted where I thought the key supports in the big blues would be. I think a giving up of these supports will take the market down at least 20%. Probably further.
Here's a review of these levels on the 17th June.
AAPL - Bounce on the support zone. If we head through here again I expect to see some very obvious selling. Building up to panic and taking us into my target level around the 100 area.
GOOG - Retested the break zone and made a strong rejection of it. I think this may be the writing on the wall for GOOG and it's heading to the target area of 1770.
TSLA - Makes a possible inverted head and shoulders on the support zone and breaks through it. I think this is telling us the bulls have little interest. 500 is TSLA break target.
MSFT - This one was already a clear break and the one I felt the most obvious short. Nothing changed there. 190 target in a break.
AMZN - Had a stock split and totally ruined my pretty lines. Thanks a lot, Amazon!
These swings would take us down to my first big target area on the SPX short of between 3400 - 3350.
Here's a review of these levels on the 17th June.
AAPL - Bounce on the support zone. If we head through here again I expect to see some very obvious selling. Building up to panic and taking us into my target level around the 100 area.
GOOG - Retested the break zone and made a strong rejection of it. I think this may be the writing on the wall for GOOG and it's heading to the target area of 1770.
TSLA - Makes a possible inverted head and shoulders on the support zone and breaks through it. I think this is telling us the bulls have little interest. 500 is TSLA break target.
MSFT - This one was already a clear break and the one I felt the most obvious short. Nothing changed there. 190 target in a break.
AMZN - Had a stock split and totally ruined my pretty lines. Thanks a lot, Amazon!
These swings would take us down to my first big target area on the SPX short of between 3400 - 3350.
We may be inside of a crash event to 3000 in SPX.
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
We may be inside of a crash event to 3000 in SPX.
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.