Multi Decade Top Approaching
Our last idea proved profitable for a short on a market that had moved too fast.
The decline was on weaker volume and weaker down candles...we take what we can.
The final C up is likely in progress and may even top within a week.
We do not believe new highs will eventuate as this market truncates around 35150.
Never ending buy the dips will end, a multi-decade bull run is on vapours, much more fragile than the masses understand.
A very possible head and shoulder pattern is in play now, the finishing right shoulder can create itself....if correct, a plunge is coming from March onwards.
The Cabal are strategically stepping back with their agenda as many wake up from their comatose, but what is next?
The mantra is the same, get stocked up on everything...at least because of high inflation. Deliberate supply outages are having a domino effect across every country, all blamed on the usual answer.
Plan B will hijack these markets like March 2020....surprises are their weapon.
So get ready for a great opportunity to short later this month for a mother lode.
Appreciate a thumbs up...Good Trading!
The decline was on weaker volume and weaker down candles...we take what we can.
The final C up is likely in progress and may even top within a week.
We do not believe new highs will eventuate as this market truncates around 35150.
Never ending buy the dips will end, a multi-decade bull run is on vapours, much more fragile than the masses understand.
A very possible head and shoulder pattern is in play now, the finishing right shoulder can create itself....if correct, a plunge is coming from March onwards.
The Cabal are strategically stepping back with their agenda as many wake up from their comatose, but what is next?
The mantra is the same, get stocked up on everything...at least because of high inflation. Deliberate supply outages are having a domino effect across every country, all blamed on the usual answer.
Plan B will hijack these markets like March 2020....surprises are their weapon.
So get ready for a great opportunity to short later this month for a mother lode.
Appreciate a thumbs up...Good Trading!
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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.
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.