Look carefully. I'm not saying to that anybody needs to trade 3-day time frames.
The point of this chart is to show that there is an overdue correction - and I don't know when it's gonna happen. Why? Cuz unlike many out here, I have no crystal ball - and I don't own the future.
Elliott waves are not to be interpreted rigidly. Fibonacci does not tell markets what to do.
The NASDAQ, DJI, S&P500 and several other markets are overdue corrections as we head into the 7 to 11 year economic cycle. For those who don't know the cycle exists and it is heading for a trough which hasn't happened as yet.
Disclaimer: This is not a recommendation to buy, sell stocks or trade in securities. Your losses or missed opportunities are your own. If you lose money - kindly sue yourself.
The point of this chart is to show that there is an overdue correction - and I don't know when it's gonna happen. Why? Cuz unlike many out here, I have no crystal ball - and I don't own the future.
Elliott waves are not to be interpreted rigidly. Fibonacci does not tell markets what to do.
The NASDAQ, DJI, S&P500 and several other markets are overdue corrections as we head into the 7 to 11 year economic cycle. For those who don't know the cycle exists and it is heading for a trough which hasn't happened as yet.
Disclaimer: This is not a recommendation to buy, sell stocks or trade in securities. Your losses or missed opportunities are your own. If you lose money - kindly sue yourself.
Not
I'm not even interested in wave 5. Wave 4 will be the important one.
FED balance sheet 42% of GDP @ 2020-01-26. Does money have value anymore? [Different perspective on the virus youtu.be/NjTdvALChwk ]
İlgili yayınlar
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.
FED balance sheet 42% of GDP @ 2020-01-26. Does money have value anymore? [Different perspective on the virus youtu.be/NjTdvALChwk ]
İlgili yayınlar
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.