SPX may have printed an exhaustion gap today at the upper end of the phi related fakeout reversal area mentioned previous - up to 0.75 now. Any further and it will likely continue on to challenge the highs and so I have added a short at the close here as it wont take long to see if its a reversal.
As described before I think this can be a 1:1 WXY to see SPX head down to 3959 and lower. This could be a good entry to hold for the crash if it reverses in this area.
Also notice how the potential X wave went soaring up exactly as the golden cross occurred. Thats probably not a coincidence - this was a technical wipe-out wave.
Also can be forming a H&S with right shoulder overshooting.
Not advice.
As described before I think this can be a 1:1 WXY to see SPX head down to 3959 and lower. This could be a good entry to hold for the crash if it reverses in this area.
Also notice how the potential X wave went soaring up exactly as the golden cross occurred. Thats probably not a coincidence - this was a technical wipe-out wave.
Also can be forming a H&S with right shoulder overshooting.
Not advice.
Not
Caught the exact top and SPX bounced with some overshoot at the $3959 1:1 fib as described.Not
Once upon a time I was a bear.
Your FA guru can't read a chart💭
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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.
Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
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.