We failed to break the inflection point and have now broken a couple resistances. Bias is towards R3 if the break/retest holds. 
Even in a bearish pattern, this would be a D leg of a harmonic correction. The end of D legs are the strongest parts. In later context, the rallies recently would look quite tame.
This type of pattern would offer great short ops later, but you'd want to avoid being squeezed so as to be able to take them.
Even in a bearish pattern, this would be a D leg of a harmonic correction. The end of D legs are the strongest parts. In later context, the rallies recently would look quite tame.
This type of pattern would offer great short ops later, but you'd want to avoid being squeezed so as to be able to take them.
Nota
Look what happened when the butterfly completed. Worth knowing about harmonics.
We may be inside of a crash event to 3000 in SPX.
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-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.
We may be inside of a crash event to 3000 in SPX.
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-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.