No surprises here—the US100 is tanking like everything else, dragged down by two active bearish structures. But could this be the calm before the storm as Trump takes the reins on the 21st? That’s the million-dollar question.
The two strong bounces from the green Overall Correction Level (OCL) tell me the market hasn’t fully thrown in the towel yet. That’s why I don’t believe we’ll hit the lower target levels. Instead, I’m anticipating a sharp reversal, ripping to the upside at the purple resistance line. This move would keep the overall bullish structure intact and deliver the kind of upside everyone’s praying Trump will bring to the table.
For now, patience is the play. Watch for the reversal—we’re setting up for something big.
The two strong bounces from the green Overall Correction Level (OCL) tell me the market hasn’t fully thrown in the towel yet. That’s why I don’t believe we’ll hit the lower target levels. Instead, I’m anticipating a sharp reversal, ripping to the upside at the purple resistance line. This move would keep the overall bullish structure intact and deliver the kind of upside everyone’s praying Trump will bring to the table.
For now, patience is the play. Watch for the reversal—we’re setting up for something big.
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As for me? I’m locked and loaded within the blue and purple structures. No unnecessary risks here. Trading the orange level? That’s amateur hour. My orders are sitting pretty at the red correction level. If we hit it, perfect. If we don’t? Who cares. The targets are set in stone, and the market’s playing by my rules.
You know the drill—watch, wait, and win. Simple.
Here, I share my market outlooks, highlighting key levels and directions I'm watching.
Don't follow blindly; always do your own research.
Don't follow blindly; always do your own research.
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.
Here, I share my market outlooks, highlighting key levels and directions I'm watching.
Don't follow blindly; always do your own research.
Don't follow blindly; always do your own research.
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.