Microsoft Corp.Short
MSFT Update: Seems Like a Theme is Occurring
As shared in my other posts today I think the majority of stocks making up the S&P 500 are set for a drop. If you follow the index or the ES1 you probably know we are due for a decent decline soon. This is becoming more and more obvious with the price action we are seeing. Get ready, because there is a drop right on the horizon. The last high we made was on negative divergence, which is a hidden bearish signal. We could possibly move as low as the $190 area if this is a C wave down. The other possibility is this has all been a part of a bigger B wave meaning we would drop to around $230-$240. Only time will tell. For now, we await price action to tell us which it is.
Bonam Fortunam,
--Tyler
Bonam Fortunam,
--Tyler
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Bonam Fortunam,
--Tyler
Bonam Fortunam,
--Tyler
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.
Go to ewtdaily.com for DETAILED DAILY UPDATES on 27 unique tickers and a daily zoom call with members to discuss latest analysis and get a 7-day FREE trial
Bonam Fortunam,
--Tyler
Bonam Fortunam,
--Tyler
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.