So i have made a posr jan 18 when the us100 was at 15300, clearly stating there is incoming crash and you should establish short positions. I also stated that ultimatlt the market would reach 13400. But that was a saf estimation, and in my mind i hd 12400 -12200. And therefore wait until it gets there and then start switching over from short to long positions. Lastly; Technical analysis, pattern recognition and the multiple other tools used to predict the market; cannot predict why something will will happen but it can predict how likely it is to happen. A lot of people dont seem to understand this, but the way to think about it is if you know a lot about politics and thing around that subject, then it is more likely for you to accuratly predict wether a war is coming or not, whereas it is nowhere as easy to predict exactly WHY it will happen.
