3 choices
1. this is the exact bottom and June shoots like a rocket off the retest of the 61.8% and we run for both the green long term trend line and the top of the channel.
2. We go sideways on this fib for months and make a big H/S to consolidate volume and make a new point of control around 4400, but investors make no money unless they sell the tops.
3. We crash a lot more. TSLA goes to 200 and touches it's 100 MA. The market falls to the next trend line available and retests it's current point of control much lower.
I have no clue what will happen. I don't know if BTC will run with it. I don't know if small cap will go with it. Interestingly, the top of this channel was made by the peak of the 1929 crash, and the bottom made by the bottom at the end of the crash. This is the longest term channel possible on the SPX.
1. this is the exact bottom and June shoots like a rocket off the retest of the 61.8% and we run for both the green long term trend line and the top of the channel.
2. We go sideways on this fib for months and make a big H/S to consolidate volume and make a new point of control around 4400, but investors make no money unless they sell the tops.
3. We crash a lot more. TSLA goes to 200 and touches it's 100 MA. The market falls to the next trend line available and retests it's current point of control much lower.
I have no clue what will happen. I don't know if BTC will run with it. I don't know if small cap will go with it. Interestingly, the top of this channel was made by the peak of the 1929 crash, and the bottom made by the bottom at the end of the crash. This is the longest term channel possible on the SPX.
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.