Bearish Wolfe Wave

2023年3月21日

Expecting distribution around the 398-401 level through the FOMC and then begin drop Thursday.

Downside target is 375 by March 31st.

2023年3月23日

註釋

Playing out as expected so far. Looking for a rejection here in the 396-398 range and then next stop on the path down to 375 is 385-388. After 385-388, likely will see dead cat bounce and then continuation down into the 370s

2023年3月28日

註釋

Explosive downside toward target from here, could consolidate briefly in the mid 380s