that means we are in the bigger bounce which i mentioned 1 week ago. Only what would make sence to short is the completion of wave C. makes sence to enter LONG in wave B and make jorney to top of wave C. Shorting now is suicidal. Dont do that. No trading advise here. Use your brain/hamburger whatever of both you have. There is no risk free trading on exchange....
revers must come in 5 min or 1h max. drop programmed. just wanted have said that, so that nobody can tell you draw the line after it happened
just for fun. wave 3 arives at 12500, drops to marked area in wave 4 and rises again as wave 5 to marked area. After that comes drop in wave B. Things said after it happened mean nothing. Things said before it happened - mean everything.
3 waves ralley can start any moment..you cant sell me the jorney from 3 - to 4 as an impulce.. but you can sell me this as BS and it is ok . Just moved the top EDT line to A=C condition which is 12150. if we reach that - can drop from there to 5th. if dont drop and goes further up.. than fine mb we started that ralley. Still needs time and patience. Waiting for...
short term 50/50 - do EDT completion or dont do and already turned (explaining see in previos IDEA) middle term 2 weeks- 1 month : bullish (3 bigger up waves to happen) (target area defined in previos IDEA) longterm : bearish dont ask me will we see 11300 or 11400 - look at 1 sentence.
If current wave from peak on 30March is wave 3 indeed, then extension can go till 1,618 9146 mark. That must be said.
if we look at daily macd divergence it crossed already that zero line a little. Like in nasdaq i would prefer clean touch of EDT into 5th. But who knows if we dont turned already ? Nobody can say. Dont Short - now it gets highest risk.
macd divergence at daily is huge WARNING signal that market turns soon or every moment can turn
still didnt see a clean completion of final wave.. , for clean thing we would need to touch the lowest EDT line market on chart.. But that are wishes, and we arent in "wish smthg yourself"-show. mb touch mb not touch.. those 5ths of EDT can be even short one. Nevertheless i expect soon bounce. we are very close on that. Be short now - hugest risk.
for completion mb with this EDT. Dont short it we are too close to the turn point. make sence for little long position after that down leg completed. 3 big waves UP which i mentioned should then go in action
Money flow chain 1.0: Fed(rates)->Bank (interest)-> Consumer(Credit). Timy to pay it back 2.0 : Consumer(Credit)->Bank (interest)->Fed(rates). we have steady 1.0 <->2.0 interaction. But. When Fed gives no money. banks cant close holes of fault credit mass. means bank gives no more credit , but banks wanna money from Consumer back. Consumer cant pay money back,...
i can see that impulce of 3rd wave of start wave 1 from big bounce waves. I warned not to short this. Who followed saved money. People for such advises pay tons of money, and i get not a single penny. All the Glory belongs to my God and his Son Jesus.
i marked target zone if 5th isnt completed yet and we process sub4_sub5_wave5. bounce somewhere 11333. i dont care this will bounce now or from target zone. short risk too high. 15 min divergence confirms it.. WARNING dont short it. You can win couple % will huge risk.
either we do now bounce 1-2 1-2 und up in huge 3 waves or we complet 4th_sub5_sub5 and then skyrokets. doesnt matter for me it goes up anyway.. next week. imo
after huge wave 3, wave 4 correction still in process. Triangle or irregular flat still in play, also double zickzack formation with fibo 1.0 target possible. Should drop from marked zone. If doesnt drop - means we are making 3 big waves bounce atleast.
when we see that as simple zickzack.. in that move we reached 0.618 target zone usual for wave 4. Do we the triangle or is wave 4 already completed - will see. I expect tommorow further dip - WAVE 5 ahead.
4th triangle...probably. but even zickzack construction is valid too.. either triangle or drop to basement now. will see.
for drop preparing. Drop programmed here. dont see any saveness for bulls here - simply cut your loses - more pain ahead.