Combined US Indexes - Lower High checked; Lower Low next...

28 Mar

As expected from previous analysis, there is a lower high likely as the TD Sell Setup is Perfected. This just missed the target but has the TD Bear Trend intact
Following, a Bearish Engulfing pattern plus a Gap Down occurred yesterday.
Breaking back into Extension Zone box... and likely to protrude out the other side.
MACD is turning down in the bearish zone too.

So, looking for a lower low now...

1 Nis

İşlem aktif

Target level hit earlier than expected.
Let's see what happens on a usually bullish first week of April...

4 Nis

İşlem kapandı: hedefe ulaştı

The next downside target hit and surpassed, EARLY.

Uncanny huh?

One more target before some clearance of the initial reactions...