I BELIEVE we are going to see a BOUNCE in the DOLLAR (YELLOW PATH) IF this happens..... BTCUSD will correct LOWER and INDICES go HIGHER BUT, (RED PATH) is also possible. LISTEN to the DOLLAR
TIME to formulate YOUR PLAN LONG after Silver reaches between 20-19
PRICE ACTION DICTATES...and DOLLAR refuses to RISE. Took profit on CANADIAN SOLAR, then bought it again, as well as a few others. After a week long (W-X) correction, HOLDING positions...WAITING for WAVE-3 At the MOMENT.....NAS, looks to be to completing WAVE-2
After Next Week Market may rise another 2%-3% But that not enough to risk 12% profits already made and anther 25% CORRECTION in SIGHT. If you are LONG, KEEP you STOPS trailing closely behind
TODAY look to complete wave 4. then with a MODERATE STIMULUS DEAL the market may enter the final 5th of the 5 TH, Before entering the predicted ABC COVID-impulse correction (Time-frame correlates across FOREX, COMMODITIES AND INDICES)
WELL this NEWBIE just got SHAKEN out. Maybe I'll regret selling, but I did make my 10% profit GOAL
Bought My First BITCOIN Based on a recommendation from this SITE
A little more CONTEXT This TRADING PLAN has been working since SEPT. 23rd. SEE PREVIOUS POSTS
This TRADING PLAN has been working since SEPT. 23rd. SEE PREVIOUS POSTS
This TRADING PLAN has been working since SEPT. 23rd. Despite TRUMPS tweeting SEE PREVIOUS POSTS
I'm LONG for the next FEW days Possibly into next week
The FROTH looks TRADE ABLE but waiting for VOLUME. -EW COUNT is short-term BULLISH. -RSI Trend-channels look BULLISH. But no VOLUME ?
The CHART says it ALL inevitable pattern resulting from the EW count Position I have taken Been running this count since SEPT.-23 PUSH the LIKE button IF you find this Post THOUGHT provoking
COUNT UPDATE RSI Divergence indicates we are Completing WAVE 1 and entering WAVE 2 BIG PICTURE remains the SAME. Feel Free to check out my other EW counts on previous POSTS Please Press the LIKE button if you find this info THOUGHTFUL
NASDAQ-100 current going through minor WAVE 2 correction The BIG DOUBLE correction is now completed (see W-X) This EW COUNT has been doing a good job forecasting since SEP. 23rd Feeling good because wave count aligning with USDJPY, EURUSD, DXY, VIX, XAGUSD, SILVER/GOLD RATIO counts as well. Will Post EURUSD and XAGUSD next... So check them out too, others...
Its GOOD to step back every once in a while and LOOK at the larger picture.
Plenty of head-fakes with the S&P 500. After almost 3-WEEKS of correction, The technical are pointing to a weak 3-3-5 correction, with a lot of climbing to do before the election. Granted a 5-3-5 still remains possible, BE CAREFUL shorting. If you appreciate the analysis send a LIKE Thanks
The JUNE 12th 3-3-5 correction essentially bounced off the 200 day EMA IMO....IF we don't see a RALLY this coming Monday (POSSIBILITY-A) The SEPT. 3rd correction will turn into a 5-3-5 Heading all the way down to the 200 Day EMA again (POSSIBILITY-B)