S&P 500 ; tracking that 08 dump - UPDATE
last update we breached the gates of mordor; then we seemingly have broken the dotcom crash fractal shape (by only a bit really). 08 needed a bit of an adjustment time wise (price points are exactly the same), but shes still in play. now do we break that one?
this is just FYI updated dump fractal tracking; lets see if she breaks soon or continues its hammer of thor into the fuckin abyss
gl
last update we breached the gates of mordor; then we seemingly have broken the dotcom crash fractal shape (by only a bit really). 08 needed a bit of an adjustment time wise (price points are exactly the same), but shes still in play. now do we break that one?
this is just FYI updated dump fractal tracking; lets see if she breaks soon or continues its hammer of thor into the fuckin abyss
gl
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head developing here. hopefully we break through and this invalidates.Note
tall head;;; though just touching and rejecting off the 200 i think that ma is.. duno,, doesn't look like that strong breakout, macro change to me unless we head above and retest like green, a strong dump here would just mean an overextended head.lets see, pivot point here folks
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could be right shoulder to doom drop. but does look like it has some strength lately.Note
well shes following the bullish option so far. following those squiggles nicely.Note
here we fuckin go. this is a good example of when it paid to be a contrarian!same as the covid dump and pump; the markets are moving opposite to the herd... and rationality.
lfg
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retest 4280ish very possible here. everyone will call the 'top of the bear pump finally' then it'll pump again.Note
or you know, just keep mega pumping..Note
retesting the two key lines/levels now. i expect this to continue.TO BOLDLY GO WHERE NO BULL HAS GONE BEFORE
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continuing, maybe double tests that latest bottom, taking the stops just below to the yellow then back on up.Note
looks double dippy set up here, down to yellow support line; take out those stops from the last dip then moon. lfgNote
in the process of taking out that liquidity area... options long here? just let me figure out how to bloody do that
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bounced right out of it perfectly. option calls would have indeed printed @@ unfortunately i didnt get any lolNote
double test?Note
ATH baby. just like that. that pattern was never bearish after that massive pivot. really shoulda just put longggg way out option calls.
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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.