Lots of different future paths but if you are a long term investor it looks hard to go wrong if you just keep buying gold regularly each year. That's what the Chinese and Russians are doing (and they are no strategic or tactical slouches). Get the feeling we might get to the neckline and fall back - so will be playing that as initial set up in next few months if...
Crypto and Tech Stocks have been acting in a similar fashion (with some time lag). Tech stocks ready for a big drop around FOMC meeting March 2018 - confirmed by bearish divergences and 'unusual' price action also seen in crypto recently.
Expect $NDX to top out this week and then drop 13.5%. Target of 6300 assumes $NDX tops out around 7250 - if it goes parabolic this week then not sure where it bottoms but will be deep and very very quick. Would not be in the market other than for quick day trades in this dangerous set up...be careful
$NDX and $SPX seem on a breakdown path prior to FOMC March 20th 2018 (and $VIX a breakout). There are bearish divs and TNX seems on a path to hit 2.9 by March 19th. Is this all just a manufactured move by market makers and shakers for OPEX week - the main market action feels as 'real' in price action as crypto has recently.
SPX Bear Option 2: Either SPX falls early next week or it climbs until just after the FOMC meeting at which point would expect it to start falling...however bears be warned NDX and QQQ making new highs and SPX has so far followed NDX up (though not to the same extent). Chart on that possibility to follow.
Have input price and log support and resistance (log is in broken lines) for BTC. Would wait to buy in May earliest.
Have input price and log support and resistance (log is in broken lines) for ETH. Would wait to buy at circa USD420 in April earliest
My first chart so be kind and constructive in your feedback :)