Distant and Not-So-Distant Cousins
Everywhere I look I'm seeing talk of a "new bull market"
But I don't think this is a new bull market
I think we are getting a visit from a distant relative: Ole' Cousin Bear Market Rally
Why do I think this?
Well, typical of "family", the members within share common attributes
In the next post we will talk about what some of those common attributes are in detail
https://www.tradingview.com/x/7vmABrxD/
But I don't think this is a new bull market
I think we are getting a visit from a distant relative: Ole' Cousin Bear Market Rally
Why do I think this?
Well, typical of "family", the members within share common attributes
In the next post we will talk about what some of those common attributes are in detail
https://www.tradingview.com/x/7vmABrxD/
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Near term expectationsהערה
Lets see how this plays outהערה
Market generally progressing as expected.Its possible all of Wave (C) is complete but the market appears to still want to rally a bit
Lets see
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Zooming out a bit to better see the move we are trackingהערה
Ok its pretty clear to us where price is most likely headedSlightly tweaked the count.
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CRITICAL MARKET SUPPORT AREASThe market appears to be setting up for a significant downturn
We are expecting that downturn to begin by the end of this week/ early next week
This could be really ugly
PLEASE TAKE CAUTION
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CRASH ALERT!!!BE CAREFUL!!!
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One last push higher and we should see price fall off a cliffהערה
IWM about to go down in flames!!!הערה
Ok we are in the target crash zone.We are on high alert for a significant downturn...i certainly hope we are wrong because this going to be UGLY
Expect one more smaller push higher and then watch out below
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Price pushed higher as expected. BE CAREFUL!
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Get Ready
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כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.