Repeat of 2018 pattern on 2020 scale?
Updated
In the megaphone, the longer it takes ... the bigger the move is.
Do you see the similarities with 2018? Drop early in the year, recover and then ... 2, 3 and 4
Just a thought...
Disclaimer: The above is not an investment advice. It is merely an opinion and I share it for your entertainment only. Do your own due diligence and above all, trade safely and stay safe!
Do you see the similarities with 2018? Drop early in the year, recover and then ... 2, 3 and 4
Just a thought...
Disclaimer: The above is not an investment advice. It is merely an opinion and I share it for your entertainment only. Do your own due diligence and above all, trade safely and stay safe!
Note
Potentially interesting move in formation today. Bonds are up significantly today, SPY is weak, dollar is weak and miners and gold are up.In March, we got 2 down days in SPY, a falling dollar and then SPY gaped down while miners peaked the next day to start reverting intraday that day. I am watching for when miners peak and start to follow the market trend down. This might be the signal for a large correction.Note
Megaphone has been reached and breached. To infinity and beyond? ... I doubt it...Note
... And the reversal, at the megaphone line... Playing pretty nicely so far...
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