IWM indicates a stock market collapse is incoming in 2022
Updated
South Africa has since detected B.1.1.529 (Omicron Variant) in specimens collected on November 8, 2021 - CDC
Funny how we tagged the 1.618 fib on the same day the Omicron Variant was discovered.
- Weekly Bearish Divergence playing out
- The pump to 243 resembles a UT or UTAD of a Wycoff Distribution pattern
- Target: 137
Funny how we tagged the 1.618 fib on the same day the Omicron Variant was discovered.
- Weekly Bearish Divergence playing out
- The pump to 243 resembles a UT or UTAD of a Wycoff Distribution pattern
- Target: 137
Note
Short term analysis: I'm actually quite bullish. IWM seems to have bottomed at the 1 Fib level at 194 with Bullish Divergence on the Daily Timeframe. Range VPOC from the beginning of 2021intersects with the .618 at 222. I believe that will be LPSY before the mega collapse
Note
TLDR: I expect a pump to 222 before a crash to 137Note
Double Daily Bullish Divergence, here comes the pump back to 200+
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