Observing trend lines, supports, and intersections therein. This bull has no resistance to speculate on.
Note
Pretty much just riding the top of the triangle I have drawn. Not a bad place to range before a break up, or we will face significant downward movement toward the middle/bottom of the triangle. In either scenario, I still expect an impulse above the triangle before we face the real recession.Note
Break below the triangle and I am bearish. Inside or above and I am bullish.Note
We are very close to my target for a large recession, the bottom line of my triangle. I'm in gold, holding dividends, and trading bitcoin. Cov-19 will be worse than most are publically anticipating.Note
At about 2640 I'm calling for an extended recession. Trading crypto in this market, holding gold/dividends/stacking cash. Good luck friends.Note
Recession target = 1530 The recession is here.
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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.