The index has been forming what appears to be a Head & Shoulders pattern for time now.
The confirmation appears to have been confirmed recently.
NFA DYOR
Am expecting an ATH around the $20k zone; let's see if it can get there.
The confirmation appears to have been confirmed recently.
NFA DYOR
Am expecting an ATH around the $20k zone; let's see if it can get there.
Nota
Retracing to trendline support; looking good ... expecting more upside.Nota
$20k is the target of the Head & Shoulders pattern; but that won't be the ATH.Am expecting $30k as the ATH as it appears to be the 2.414 extension.
See also FI (Fiserv) and NVDA (Chip Maker) as am expecting them to 2X - 3X in the near term.
Nota
Sources are injecting tons of liquidity into the market pushing it up ahead of the election. The FED is holding steady on interest rates while WTI/Oil is heading higher fueling more inflation for the coming months. Expected ATH target is still in the $20k zone.
Nota
The NASDAQ Composite has breached the Fib Circle and is extending to the next dimension. Expected orbit available at the following link.x.com/kerdirks/status/1800624724692869349
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.