Summary:
We tracked a crash from Double Top ATH 479 in January to 42x.
We then followed the second double top from February 9th at 458 down to 411 on February 24th.
We accurately tracked highs and lows for each day, and most importantly accurately called an ATH for February on February 24t, and a bounce back on this day.
It's possible to swing up within the range, with a bottom of 407.50 as we continue to push up.
Although if we track against each support at 422, 431, 433, we can breakout to 447 as currently tracked by the green lines.
Our next thesis will look at the cycle back up to an ATH (or intermonthly ATH), and then look to track when the next downcycle will occur.
We're doing this to close out this current thesis for February.
Please note, if you use this for reference, that the green dotted lines provide a range for highs and lows leading up to March 11th.
/ ThesisTrading
We tracked a crash from Double Top ATH 479 in January to 42x.
We then followed the second double top from February 9th at 458 down to 411 on February 24th.
We accurately tracked highs and lows for each day, and most importantly accurately called an ATH for February on February 24t, and a bounce back on this day.
It's possible to swing up within the range, with a bottom of 407.50 as we continue to push up.
Although if we track against each support at 422, 431, 433, we can breakout to 447 as currently tracked by the green lines.
Our next thesis will look at the cycle back up to an ATH (or intermonthly ATH), and then look to track when the next downcycle will occur.
We're doing this to close out this current thesis for February.
Please note, if you use this for reference, that the green dotted lines provide a range for highs and lows leading up to March 11th.
/ ThesisTrading
