Unilever point towards a collapse/bear market!
Hi all,
Do I need to say more? Check the weekly chart of Fugro and see what happened after a triangle that formed for about 3 years (2011-2014). This one has been forming for about 2,5 years... Unilever made an early top in September 2019 and according to my own theory, sometimes gives big hints of what is to come or a big top or bottom in the overall market...
An alternative (which is not drawn in the chart) is that the blue 'D' should be the recent spike low and the E is still to be made (so we could go a little higher). For me it is potato/potatoe, I am in a put position and waiting for the move down. :)
I wish you all the wisdom to stay safe in the bear market that has started as of November 2021 (divergent higher high in America (ES for example) compared to Europe per the beginning of January). I am early to call this (it has been my preferred scenario since the middle of 2021), though I have been silent on TradingView and I will remain silent in the future (to busy with work and family life). I believe in this scenario until proven otherwise. So I act accordingly with my different option positions. ;)
So see this as a little present and enjoy it. ;)
Shalom,
Im
Do I need to say more? Check the weekly chart of Fugro and see what happened after a triangle that formed for about 3 years (2011-2014). This one has been forming for about 2,5 years... Unilever made an early top in September 2019 and according to my own theory, sometimes gives big hints of what is to come or a big top or bottom in the overall market...
An alternative (which is not drawn in the chart) is that the blue 'D' should be the recent spike low and the E is still to be made (so we could go a little higher). For me it is potato/potatoe, I am in a put position and waiting for the move down. :)
I wish you all the wisdom to stay safe in the bear market that has started as of November 2021 (divergent higher high in America (ES for example) compared to Europe per the beginning of January). I am early to call this (it has been my preferred scenario since the middle of 2021), though I have been silent on TradingView and I will remain silent in the future (to busy with work and family life). I believe in this scenario until proven otherwise. So I act accordingly with my different option positions. ;)
So see this as a little present and enjoy it. ;)
Shalom,
Im
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