Hi guys. Glad to see you reading my post again. Following my previous analysis I decided to make a little bit more probable upcoming (speculative for sure!) scenario in next months. As you already know, I am still waiting for REAL capitulation event. But for now I think we will see numerous attempts to break 6150 overhead resistance in pretty much the same way like we have seen before first capitulation event from 6K to 3K.
More sideways action seems to come. It can take 4-8 weeks for bulls to find the top (and destroy ultra high leveraged shorts) and finally give up. Stay patient, they will take their control once again and it will be grand finale of their market! (before BIG bulls will start to wake up after winter sleep ;) Be prepared!
Take care!
-dp-
More sideways action seems to come. It can take 4-8 weeks for bulls to find the top (and destroy ultra high leveraged shorts) and finally give up. Stay patient, they will take their control once again and it will be grand finale of their market! (before BIG bulls will start to wake up after winter sleep ;) Be prepared!
Take care!
-dp-
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