2022 NQ Bear Market Fractal scenarios

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Index has declined more than 20% and we've failed RSI 40 on weekly, indicating a bear market has started. Best case scenario, I could see it bottoming around 16,666/15000 and recovering very quickly with a blow-off top +100% in less than a year, similar to 2000, topping around 30k-33k.

Bear markets typically last 3M-3Y, with most ending in a year or less. This one topped mid Q1, so mid Q2, Mid-May, might be a great time to buy, if only for a few weeks. Bottoming there after 3M would fit close to orange pattern, or stretch it 3M to bottom mid Q3, October.

Green pattern is the only 1:1 with 2022 top to present, with a bottom around 1Yr and then blue and green are steeper variation bottoming a little later, mid 3Y.

Pink is more of a 2000 top with 3Y bear market, but would just be a recession.

Red is worst case scenario; great depression followed by rapid hyperinflation that sends markets screaming with exponential gains just to outrun inflation.

You can stretch the scales on idea to zoom in and out and see the patterns better, or try drawing your own.

Linked are my ideas from 2022 top. There is more confirming TA, but removed for clarity on an already busy chart.
交易結束:目標達成
Closer look at 1Yr range. It has failed 40RSI, indicating a 200W EMA touch ~16,666. See my 1st idea below.
However is usually a great buy, at least short term. So maybe steep rally before testing 16,666
快照
註釋
When NAS weekly RSI is under 40, it tests the 100W or 200W emas
註釋
Fractals work if you know the rules
Bar Pattern Rhymes

註釋
Spotted 2022 top with volume, similar structure to current top
Volume tends to drop near a reversal

註釋
and first top off bottom
Volume vs Price

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Scooping 1st bottom
Buttterfly w/ Dragonfly Doji @ 2yr VAL & .618 retrace

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Scooping 2nd bottom
Happy New Year!

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