Loii

NEXT MONDAY should be the beginning of another market correction

Giá xuống
Loii Cập nhật   
FX:SPX500   Chỉ số S&P 500
NEXT MONDAY should be the beginning of another market correction. This might take a whole week to unfold.
Target is $1800-1815. Estimated top: 2020-2030
1. top of wedge
2. should bounce off 200 day MA
3. RSI over bought
Bình luận:
i use a period of 10 days on RSI and its 75. this 14 day one isnt over bought.
Bình luận:
4. Bearish Divergence on the RSI and previous tops.
Bình luận:
target can be as low as 1730-1760
Bình luận:
UPDATE: WAIT for a CLOSED bearish H4 candle on Monday before shorting. and use tight sl in case the top is little higher. i expect top can be as high as 2038!
Bình luận:
I updated my trading plan, its the same but this plan caters for some range markets first. this range is not needed as 2008 crash 3rd leg down did not range. But the general idea is we're near another top. Hard to say exactly where. My nest estimate is 2030-2050.
Bình luận:
*New Estimate
Bình luận:
Potential double top? if u guys going to trade this, sl above 2024 should be good. I still favoring another leg up but this could very well be the top for the month.
Bình luận:
2050 seems likely and the new top. before any potential drop. will consider shorting there.

Thông báo miễn trừ trách nhiệm

Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.