Real estate has completed an abc correction to the first down leg of 2022 and will be followed by a C leg down for resolution through the end of 2024.
2008 analog with a corresponding real estate crash and false China boom.
Sideways consolidation 95% speculator short (source: freecotdata.com) Daily RSI 30
1. Sell stop on daily close below 11.5 cents 2. SL at local high 3. TP at local low
Entry: Sell Stop on Daily Candle Close Stop Loss: Once triggered, SL at ATH Take Profit: 6666.66
A potential expanded ABC Flat targeting new lows around $8.40.
We ended last week with a doji candle at the trendline from the 2011 highs and with RSI hovering around overbought levels. Copper's weekly and monthly close will be foreshadowing for markets into US Presidential Elections on November 3, 2020. Trade idea is a sell stop (or buy stop) above on a daily candle close below (or above) weekly doji candle. For...
Entry: Sell Stop on Daily Candle Close Stop Loss: Once triggered, SL at ATH Take Profit: 161.8
Short $GC_F 1760.1 SL 1788.8 (-1.6%) TG1 1591.4 (+9.58%) TG2 1521 (+13.9%) >>Timing June 30, 2020<<
Short $AAPL SS 345.15 SL 358.87 (-3.97%) TG 181.26 (47.5%) or weekly RSI to 30 Expanded ABC Flat, RSI Divergence, Anti-Trust Regulation & Litigation
Long $YM_F 25452 SL 25230 (-0.8%) TG1 27624 (+8.5%) TG2 29543 (+16%)