At risk of 20% decline

A break below 1800 can trigger a selloff to 1400s by end of August.

Signs of distribution since the 2023 high. Last selloff to 1600 was a sign of strength, this will be the real deal - likely start of C wave down to new lows.

註釋

Rejection at the 1834 sets up nicely for a breakdown here to kick this off. Could get bloody.

註釋

Initial target is 1726. Then 1400s. I should note that the move down to 1400s will be the first subwave of a larger C wave that will take this to 570-880 by end of 2023.

This first leg down will confirm the B-wave has completed.

註釋

I wasn't lying. This is the beginning of the end.

註釋

1426 initial target looking very likely in the coming days.

註釋

Next leg down will begin this week

註釋

Next target range is 1380-1520 by 9/19/2023

If that hits the selling pressure can take it to my next target range of 1170-1350 by 9/29/2023

Its setting up to take another dive this week.