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Reversal Imminent - ABC Formed?

Thanks for taking the time to read my idea, your support is appreciated!
Todays rally and futures ramp have formed the minimum pattern
for a complete ABC counter rally.
Note the sloping trendline at the top is a perfect parallel to the bottom one.
Often the market extends to the max...in this case upwards to a possible channel top.
Whatever happens from here does not change the likelihood that Wave 1 down completed
last Friday and the finishing of Wave 2 up is very possible.
If topping...we are on the cusp of a severe Wave 3 down which will catch
so many off guard and scrambling to cover their longs.
Whatever the catalyst is...the technicals show their hand before the Cabal plays it.
Good Trading
Todays rally and futures ramp have formed the minimum pattern
for a complete ABC counter rally.
Note the sloping trendline at the top is a perfect parallel to the bottom one.
Often the market extends to the max...in this case upwards to a possible channel top.
Whatever happens from here does not change the likelihood that Wave 1 down completed
last Friday and the finishing of Wave 2 up is very possible.
If topping...we are on the cusp of a severe Wave 3 down which will catch
so many off guard and scrambling to cover their longs.
Whatever the catalyst is...the technicals show their hand before the Cabal plays it.
Good Trading
註釋
And what was the catalyst to be?....Trump免責聲明
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。