dryanhawley

Recession? and the Batman

Education
dryanhawley Updated   
CME_MINI_DL:MNQ1!   Micro E-mini Nasdaq-100 Index Futures
One of the signs of a recession, for a Chartist is the 200 EMA under the 50 EMA. Well as you can see that has happen serval tines since July 19 th when I beegan telling everyone short all new, all time highs (see my Idea). Notice it's about to happen again.
Other signs:
Volatility Index (VIX): ...
GDP Contraction. ...
Low Industrial Output and sales. ...
Growing unemployment rate or Sahm Recession Indicator. ...
Inverted Yield Curve.

Many laugh when I talk about my Batman pattern, a small head under barman ears, and sometimes a cape... Well notice as each impulsive set of waves came down... Holy Cow, it's the BATMAN!

notice the last candlestick, almost an ideal shooting star.
Comment:
study these tops and The Pivots to be ready when the charts roll over.

www.tradingview.com/chart/hOKSug5k/

Let's figure out what to expect, including BATMAN ears.
Comment:
If you like what I do for ya'll please follow me and join our 9 AM meetings.

Please check out Kauai Dave Pivot Traders on youtube. www.youtube.com/channel/UCNpY7S_s1cxw0cer4PyEEMQ
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