Just an interesting observation on my monthly chart that September could be a pivot low (and not the ultimate low like we saw in June) We shall see. Fibo
No fancy analysis.. just an observation :) We shall see as time goes on, but if it breaks another easy drop to bottom of consolidation range. Internal indication still shows some signs for a hold, but definitely a tough area. Not doing much unless we break out of these are I see as liminal space. Need to break up or down out of this range. Just sipping tea and...
Looks like the DXY chart wants to seek out the next fib ext target zone Fibo
Looks like the BB's are getting tighter and we are in the bear zone on my Threshold Theory. Is this foreshadowing a quick downside risk move? We shall see... Fibo
Just a look at the 4hr and the monthly to see where the fibs line up to give direction. Any questions let me know Fibo
Just keeping an eye out on this filtered flip to resistance if the week ends up underneath this level... Fibo
Short play in progress.. breakeven stop placed too. Still in bear zone so I am playing the short side for now.... Fibo
Just looking at a couple of trend line measurements that match up well for my 16.7 target for a Sept low... going to happen? Fibo
SP500 dropping to my target.. LFG! Bearish zone threshold on the short play coming to fruition Fibo
I am not a fan of this inverse correlation.. but if you are here is a DXY chart Fibo
Just a fun chart to observe. The fib levels are fascinating on the proportion they create in markets :) Fibo
Just a timing chart to use as a guide, which still signals a possible September low possibility. Fibo
Another settle or two above the 141% and the probability gets better to see 111. We shall see. Fibo
Something to watch as a guide. Not trading off of this, but using it as a verifier. Good timing on the low so far. maybe a bounce from here and then a look at the next level lower. We shall see. Fibo
many are looking at the 200 MA and others. The one important to my studies is the 233-EMA here on the weekly. I would like to see three consecutive weekly settlements above the 233-EMA to establish the latest low as a floor. Just an observance as we tagged the 233-EMA and have held this week... staying cautious, but cautiously optimistic. Fibo
Just an observance... see how it play out The trend line break objectives look good, so I would say look for buying interest on a dip toward the latest trend lien break point. Fibo
The cycle timing shows september low possibility or we rally from here ... time will tell! Fibo
This could be a good spot to hold support, but of course a full retracement to the previous low is still a risk. A re-test close to the previous low would be fine, but trading under it would not... that would bring 12k targets in to the picture. Let's get some buying interest going.. time will tell. Fibo