Made a few threads on BA in this area now....
Obviously some risk of looking foolish saying something to be "best" before the event, but BA has been a real treat so far.
Incredibly limp to the upside and now while SPX is rallying it has nothing but weak corrective PA and tidily pushing up against the 50MA to print a very small gravestone doji shakeout reversal pattern.
The question remains though, will this fall like a rock on the next index leg down, assuming it comes.
My guess is obviously yes, very steep downside should be on the way - the effect to realise this long corrective cause.
Not advice.
Obviously some risk of looking foolish saying something to be "best" before the event, but BA has been a real treat so far.
Incredibly limp to the upside and now while SPX is rallying it has nothing but weak corrective PA and tidily pushing up against the 50MA to print a very small gravestone doji shakeout reversal pattern.
The question remains though, will this fall like a rock on the next index leg down, assuming it comes.
My guess is obviously yes, very steep downside should be on the way - the effect to realise this long corrective cause.
Not advice.
הערה:
If SPX has a big bounce this could potentially get back up to the highs, but in the end it won't make a difference, this is just a corpse in the ocean waiting to be flushed.
הערה:
As I said - best short.
הערה:
See you at $55.
Next video Saturday 22 June😼.
Hodlers assume an obvious next wave up but will there be a sting in the tail💀.
Deep analysis - I keep the juicy details for my clients.
Telegram Group: $50 per month 👍🏻.
Contact: t.me/dRends35
Hodlers assume an obvious next wave up but will there be a sting in the tail💀.
Deep analysis - I keep the juicy details for my clients.
Telegram Group: $50 per month 👍🏻.
Contact: t.me/dRends35
