MSFT 37 Year Correction Coming?

Sometimes the chart tells the story rather than the economics or fundamentals. It is extremely rare that we see such a setup on such a huge time frame chart. So rare that it is almost impossible for one to even think about shorting it because it appears impossible.

That being said, This is a high-probability setup nonetheless. It is just massive in size. I would have no problem showing this on a 37-day, 30-minute time frame chart without the name. As such I posted it with great confidence as an excellent risk-reward setup.

הערה:

MSFT doing nothing as expected.

הערה:

Nothing has changed. Still waiting for the wave up to crack.

הערה:

Aaaaannnnndddd!!!! Right back down.

Getting closer to the crack move lower

הערה:

As mentioned back on July 19th "nothing had changed"

Still no crack but getting closer.

הערה:

Huge topping tail on a weekly chart

הערה:

MSFT has crossed the line but has not cracked yet. Remember a crossing of the line means little. Making a new lower low will go a long way toward cracking.

More importantly, the topping tail we saw back on July 24th is holding very well.

הערה:

Ont he verge of making a lower low. So far so good!

הערה:

MAGIC!

הערה:

No one saw this coming back on June 28th when I posted this setup. Now they do.

MAGIC! ;)

הערה:

Wink!

הערה:

CRACK!

הערה:

Pushing lower nicely as expected.

הערה:

I am able to repeat success because I do not guess.

הערה:

Here is the bigger picture chart