I am predicting a Massive Selloff on the Standard and Poors.
I have placed a Bearish Cypher Pattern on the 6H Chart Timeframe.
I would expect a rebound to somewhere between 5400-5500 before the full gravity of the situation reveals itself.
4600 Reveals itself as a Major Support level on HTF.
Pray to whichever God is Thine own.
Enjoy the Recession!
Mr. Storm
I have placed a Bearish Cypher Pattern on the 6H Chart Timeframe.
I would expect a rebound to somewhere between 5400-5500 before the full gravity of the situation reveals itself.
4600 Reveals itself as a Major Support level on HTF.
Pray to whichever God is Thine own.
Enjoy the Recession!
Mr. Storm
註釋
This gives a Visual Display of the
Good Luck Jedi.
註釋
At this point, we are curious at to which direction we go. These are some of my thoughts on the matter from a Technical View. My view remains the same as in the Post, unless we breakout here. I would think we could head in the direction of that Neckline for a test confirm of the area.
[DISCLAIMER]
The Title of this Post: that this is "going to be the biggest recession of all time" is highly unlikely to be accurate. It would take extraordinary circumstances to create a situation bigger than 1929-1933. I apologize for my overzealousness. We shall how it ends up as time elapses.
Enjoy!
Mr. Storm
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