We just retest the bottom of the descending triangle. Keep my eyes on the 200 daily MA. Good luck.
***Disclaimer: This is a technical analysis not a financial advice.
***Disclaimer: This is a technical analysis not a financial advice.
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Close up to ABC correction
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Done retesting the descending triangle. Setting up the short positions. It's time to dump.
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We are right on track.
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Big picture.
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It just happened in the small time frame.
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Don't be fooled by the divergences. Protect your money. Good luck.
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We may see the new bottom in 2020, maybe the first quarter 2021.
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We have the death cross, we have the 100 daily MA crossing the 200 daily MA. So now what's next???
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Look familiar in 2014.
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And in 2011
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When the 50 daily MA is below the 100 daily MA and the 200 daily MA, we are officially in another bear market.
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Keep our eyes on RSI.
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