SP500 HISTORICAL ANALOGUE POINTS TO CRASH
So we hit the 4080 level which is the most extreme point the reversal can happen. I predict we will start to drop this coming week.
What I will be waiting for is a STRONG impulse to the downside on the 5 minute and then WAIT for price to bounce, that is where I will look to enter.
Reasons for Bias:
Volume and price divergence
Parabolic moves dont last, price over-extended
Historical analogue points to bear crash.
What I will be waiting for is a STRONG impulse to the downside on the 5 minute and then WAIT for price to bounce, that is where I will look to enter.
Reasons for Bias:
Volume and price divergence
Parabolic moves dont last, price over-extended
Historical analogue points to bear crash.