Gold charts ready to moon, JPY pairs had a healthy pullback and ready for another leg down.
Stock indices making bearish patterns.
Political tensions at ATH, Fed tightening interest rates and removing stimulus/ support for the stock market.
The stars have aligned. The stock market is ready for a HUGE correction.
Classic Elliot wave analysis.
Price has made a pullback to the downward parallel channel in a flag pattern, broke the flag to the downside and plunged.
If you zoom into the 4HR/1HR candles you can clearly count the sub waves. So I have no doubt the stock market will remain bearish in the short/medium term for the rest of 2018.
Good financial earning reports from companies in the coming week will provide a unsustainable pullback for a good short entry with short term target of 20000. which is a good 20% chunk!
Stock indices making bearish patterns.
Political tensions at ATH, Fed tightening interest rates and removing stimulus/ support for the stock market.
The stars have aligned. The stock market is ready for a HUGE correction.
Classic Elliot wave analysis.
Price has made a pullback to the downward parallel channel in a flag pattern, broke the flag to the downside and plunged.
If you zoom into the 4HR/1HR candles you can clearly count the sub waves. So I have no doubt the stock market will remain bearish in the short/medium term for the rest of 2018.
Good financial earning reports from companies in the coming week will provide a unsustainable pullback for a good short entry with short term target of 20000. which is a good 20% chunk!