Observing trend lines, supports, and intersections therein. This bull has no resistance to speculate on.
הערה:
Pretty much just riding the top of the triangle I have drawn. Not a bad place to range before a break up, or we will face significant downward movement toward the middle/bottom of the triangle. In either scenario, I still expect an impulse above the triangle before we face the real recession.
הערה:
Break below the triangle and I am bearish. Inside or above and I am bullish.
הערה:
We are very close to my target for a large recession, the bottom line of my triangle. I'm in gold, holding dividends, and trading bitcoin. Cov-19 will be worse than most are publically anticipating.
הערה:
At about 2640 I'm calling for an extended recession. Trading crypto in this market, holding gold/dividends/stacking cash. Good luck friends.
הערה:
Recession target = 1530
The recession is here.
The recession is here.