MSFT 37 Year Correction Coming?

Sometimes the chart tells the story rather than the economics or fundamentals. It is extremely rare that we see such a setup on such a huge time frame chart. So rare that it is almost impossible for one to even think about shorting it because it appears impossible.

That being said, This is a high-probability setup nonetheless. It is just massive in size. I would have no problem showing this on a 37-day, 30-minute time frame chart without the name. As such I posted it with great confidence as an excellent risk-reward setup.

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MSFT doing nothing as expected.

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Nothing has changed. Still waiting for the wave up to crack.

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Aaaaannnnndddd!!!! Right back down.

Getting closer to the crack move lower

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As mentioned back on July 19th "nothing had changed"

Still no crack but getting closer.

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Huge topping tail on a weekly chart

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MSFT has crossed the line but has not cracked yet. Remember a crossing of the line means little. Making a new lower low will go a long way toward cracking.

More importantly, the topping tail we saw back on July 24th is holding very well.

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Ont he verge of making a lower low. So far so good!

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MAGIC!

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No one saw this coming back on June 28th when I posted this setup. Now they do.

MAGIC! ;)

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Wink!

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CRACK!

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Pushing lower nicely as expected.

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I am able to repeat success because I do not guess.

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Here is the bigger picture chart