S&P 500Short
Distant and Not-So-Distant Cousins
Zaktualizowano
Everywhere I look I'm seeing talk of a "new bull market"
But I don't think this is a new bull market
I think we are getting a visit from a distant relative: Ole' Cousin Bear Market Rally
Why do I think this?
Well, typical of "family", the members within share common attributes
In the next post we will talk about what some of those common attributes are in detail
https://www.tradingview.com/x/7vmABrxD/
But I don't think this is a new bull market
I think we are getting a visit from a distant relative: Ole' Cousin Bear Market Rally
Why do I think this?
Well, typical of "family", the members within share common attributes
In the next post we will talk about what some of those common attributes are in detail
https://www.tradingview.com/x/7vmABrxD/
Uwaga
Uwaga
Near term expectationsUwaga
Lets see how this plays outUwaga
Market generally progressing as expected.Its possible all of Wave (C) is complete but the market appears to still want to rally a bit
Lets see
Uwaga
Zooming out a bit to better see the move we are trackingUwaga
Ok its pretty clear to us where price is most likely headedSlightly tweaked the count.
Uwaga
CRITICAL MARKET SUPPORT AREASThe market appears to be setting up for a significant downturn
We are expecting that downturn to begin by the end of this week/ early next week
This could be really ugly
PLEASE TAKE CAUTION
Uwaga
CRASH ALERT!!!BE CAREFUL!!!
Uwaga
One last push higher and we should see price fall off a cliffUwaga
IWM about to go down in flames!!!Uwaga
Ok we are in the target crash zone.We are on high alert for a significant downturn...i certainly hope we are wrong because this going to be UGLY
Expect one more smaller push higher and then watch out below
Uwaga
Price pushed higher as expected. BE CAREFUL!
Uwaga
Get Ready
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