Short
Hindenburg Omen!
The stock market has generated it's first Hindenburg Omen since late January 2020.
We know exactly what happend after that one...can take a few weeks or so.
This massive wedge is at a critical juncture and I believe it's about to crack.
Sheer exhaustion is obvious in price behaviour....the catalyst is coming.
Few will believe what's about to unfold as the sheeple are convinced the Fed has their backs.
A breach is the technical signal..we want to see a big down day and possibly a gap down with a follow through day.
A Hindenburg Omen raises the prospect odds of a crash significantly higher than normal.
Prices have again touched the trendline as support...we stay short and watch!
Good trading
We know exactly what happend after that one...can take a few weeks or so.
This massive wedge is at a critical juncture and I believe it's about to crack.
Sheer exhaustion is obvious in price behaviour....the catalyst is coming.
Few will believe what's about to unfold as the sheeple are convinced the Fed has their backs.
A breach is the technical signal..we want to see a big down day and possibly a gap down with a follow through day.
A Hindenburg Omen raises the prospect odds of a crash significantly higher than normal.
Prices have again touched the trendline as support...we stay short and watch!
Good trading
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.
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.