a favorable election.
the chart structure has changed slightly, for the better in my eyes.
the chart now favors the bull case—a bull case which will take a lot of lives before beginning.
---
what i'm portraying here is a massive, weekly bullish 1-2 setup—similar to the one we experienced between 2018 and 2022. the dip for "the covid crash" was wave 2. i'm anticipating we see a similar situation here before the next great bull run begins. "the crash" will likely be triggered by the "fed pivot," which takes place on september 18th.
if all goes well, we should bottom out into the election—maybe slightly beyond it, into the winter time. tough to gauge exactly how long a drop like that will take, but it's easy to say that it'll be caused by a massive liquidation.
---
while i am anticipating a sweep of the all-time high first, there is a chance we do not get it.
while i am anticipating a raid of 28k, it is possible we go lower [to backtest the long-term cost average].
---
stay safe, fellas,
things are only getting started.
🌙
---
ps. i posted this last night, but it did not go through for whatever reason.
the chart now favors the bull case—a bull case which will take a lot of lives before beginning.
---
what i'm portraying here is a massive, weekly bullish 1-2 setup—similar to the one we experienced between 2018 and 2022. the dip for "the covid crash" was wave 2. i'm anticipating we see a similar situation here before the next great bull run begins. "the crash" will likely be triggered by the "fed pivot," which takes place on september 18th.
if all goes well, we should bottom out into the election—maybe slightly beyond it, into the winter time. tough to gauge exactly how long a drop like that will take, but it's easy to say that it'll be caused by a massive liquidation.
---
while i am anticipating a sweep of the all-time high first, there is a chance we do not get it.
while i am anticipating a raid of 28k, it is possible we go lower [to backtest the long-term cost average].
---
stay safe, fellas,
things are only getting started.
🌙
---
ps. i posted this last night, but it did not go through for whatever reason.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.