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NAS Ending Diagonal Triangle Break

975
It doesn't get more obvious than this. We're probably headed back to 12k at the very least on a corrective wave. Fed GDP forecasts are really all you need to see to know lots of rate hikes and taxes coming soon. It's halving every year, and that's an optimistic estimate. Don't wanna spook the market. fred.stlouisfed.org/series/GDPC1CTM
Nota
I'm gonna be looking for behavior near these key lvls in white, 14710/14660/14580. Ultimately bottom of the 1 yr bull trend (white channel, 14500ish) gonna get tested and quite possibly much lower over the next couple years. syot kilat
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a closer look at EDT syot kilat
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or maybe more like this?
But if it turns and starts breaking the fib fan levels abandon ship.
syot kilat
Nota
It's not over, look at that perfect rising wedge for 2nd leg
Nota
Updated, looks like 9-10k bottom of ABC on Macro. Notice the 5 wave started around 1k. Next one starts around 10k, then the one after that starts at 100k, but I prolly won't be alive to see it. Going up in magnitudes, exponential.
syot kilat
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Close up of the rising wedge syot kilat
Nicklaus68
Chart PatternsUS NAS 100NASDAQ 100 CFDNASDAQ 100 E-MINI FUTURESQQQSQQQTQQQTrend Analysis

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Chart PatternsUS NAS 100NASDAQ 100 CFDNASDAQ 100 E-MINI FUTURESQQQSQQQTQQQTrend Analysis
Nicklaus68

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.