COVID massacre, is mimicking 2018 ABC action! A-E next?
I hope lots of you were wise enough to go into puts.
So looks like we finally entering the dreaded BEAR market.
Each leg was a 50 points drop and forming a ABC. Boom done deal just like 2018.
Point A: MARCH 13-18
And if that fractal is a match, we can expect consolidation in a RANGE trading between 250-and 270, seems reasonable considering that governments, banks and corporations are banding together to fight the COVID disaster.
Oil rallies on Trump's administration on stacking up OIL for WW3, yeah u hear it here. Smart move, in case we do need it.
Relief for business, and bailouts for cruise industries, plus gold will be a bid again, and thing will appear to normalize as the infection case slow down - temporarily.
Point B: - APRIL 6-9
So Market gaps up, bulls are happy, but unfortunately Earning are due in APRIL and Shit is about to hit the fan! And the fan is so fast, it will bazooka everyone. So this is where we need to strategically, alocate protection with some puts, and watch the shit show reveal itself 1 more time.
Point C: APRIL 29- May 5
Yes, Earning are crap and everyone gets it that COVID messed everyone up. blah blah, but look these stock are looking pretty cheap, and everyone who sold appear to sold everything. Fed is rummored to starting new QE5-6 or whatever, Shorts, are getting nerves, and begin to cover.
YAY rally!! to the MOOON! F**K COVID i want to die rich! lol
Point D: MAY 18 or May 28
Rapid gaps up, cause everyone i sitting home and become a day trader at this point. Even your grand ma is like STOCKS, how do i put - yo!
Trump's payroll tax and other incetives are passed and market is looking stronger, but...... COVID breakout is sudden in some region and massive lock downs resume.
Everyone talks about SERS and also, global political tensions are rising. Not looking good for macro ecomics, and data reports are starting to reveal truth of a COVID effect. MARKETs burst down again, but aggressively with no remorse and any pause... steady decline.
Warren Buffet is infected or DEAD!! Market craters at a significant event! <<< DON:T WANT THIS, but the dude is old.
Point E: Early JULY
Market is exhausted, bears are happy with gains, but are depressed about the future prospects. Nobody want this to continue.. so much pain, and suffering around the world. Everyone wants to return to normal life!
Then suddenly, something happens, and the world is suddenly realizes the COVID pandemic is finally coming to an end. The world cheers!
Markets begin to recover again, and here i have no idea what happens next lol
I hope all of this madness will be over soon, but who knows. I can only speculate based on 2018 fractal.
However, even if u look at all other crashes there is always a period of recovery. So i am certain we are going to follow a pattern of some kind that i am projecting here.
It is late, i hope it helps someone, this is what i am expecting for the next 3 months.
It can get worse if NYC is in quartine, or Massive Earthquake hits California.
Or a new War starts in Middle east, but that might actually be bulish as GOLD and OIL will go up lol
Wanted to do this technical for awhile, hope it helps!
Good luck!!
**LEGENDS**
BLUE = Bear/Resistance
Yellow = Bull/ Support
Vertical Lines: Fractal dates are moments of interest, where price and time collide to create oscillation.
~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
Feel free to request: your coin to be analyzed! Please keep those Stop losses in place!
Thank you,
Please, follow, help me get to a 1000 followers :)
So looks like we finally entering the dreaded BEAR market.
Each leg was a 50 points drop and forming a ABC. Boom done deal just like 2018.
Point A: MARCH 13-18
And if that fractal is a match, we can expect consolidation in a RANGE trading between 250-and 270, seems reasonable considering that governments, banks and corporations are banding together to fight the COVID disaster.
Oil rallies on Trump's administration on stacking up OIL for WW3, yeah u hear it here. Smart move, in case we do need it.
Relief for business, and bailouts for cruise industries, plus gold will be a bid again, and thing will appear to normalize as the infection case slow down - temporarily.
Point B: - APRIL 6-9
So Market gaps up, bulls are happy, but unfortunately Earning are due in APRIL and Shit is about to hit the fan! And the fan is so fast, it will bazooka everyone. So this is where we need to strategically, alocate protection with some puts, and watch the shit show reveal itself 1 more time.
Point C: APRIL 29- May 5
Yes, Earning are crap and everyone gets it that COVID messed everyone up. blah blah, but look these stock are looking pretty cheap, and everyone who sold appear to sold everything. Fed is rummored to starting new QE5-6 or whatever, Shorts, are getting nerves, and begin to cover.
YAY rally!! to the MOOON! F**K COVID i want to die rich! lol
Point D: MAY 18 or May 28
Rapid gaps up, cause everyone i sitting home and become a day trader at this point. Even your grand ma is like STOCKS, how do i put - yo!
Trump's payroll tax and other incetives are passed and market is looking stronger, but...... COVID breakout is sudden in some region and massive lock downs resume.
Everyone talks about SERS and also, global political tensions are rising. Not looking good for macro ecomics, and data reports are starting to reveal truth of a COVID effect. MARKETs burst down again, but aggressively with no remorse and any pause... steady decline.
Warren Buffet is infected or DEAD!! Market craters at a significant event! <<< DON:T WANT THIS, but the dude is old.
Point E: Early JULY
Market is exhausted, bears are happy with gains, but are depressed about the future prospects. Nobody want this to continue.. so much pain, and suffering around the world. Everyone wants to return to normal life!
Then suddenly, something happens, and the world is suddenly realizes the COVID pandemic is finally coming to an end. The world cheers!
Markets begin to recover again, and here i have no idea what happens next lol
I hope all of this madness will be over soon, but who knows. I can only speculate based on 2018 fractal.
However, even if u look at all other crashes there is always a period of recovery. So i am certain we are going to follow a pattern of some kind that i am projecting here.
It is late, i hope it helps someone, this is what i am expecting for the next 3 months.
It can get worse if NYC is in quartine, or Massive Earthquake hits California.
Or a new War starts in Middle east, but that might actually be bulish as GOLD and OIL will go up lol
Wanted to do this technical for awhile, hope it helps!
Good luck!!
**LEGENDS**
BLUE = Bear/Resistance
Yellow = Bull/ Support
Vertical Lines: Fractal dates are moments of interest, where price and time collide to create oscillation.
~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
Feel free to request: your coin to be analyzed! Please keep those Stop losses in place!
Thank you,
Please, follow, help me get to a 1000 followers :)
Thank you for your support in my efforts to better understand: financial chart behavior and Fractal Universe.
twitter.com/Puniks_
twitter.com/NexusWars_
ajion.org
twitter.com/Puniks_
twitter.com/NexusWars_
ajion.org
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