BTC DONT LOOK BACK.Nothing about TA. Only how people thinks, how they react, how they eat news and how they see. 2015>unknow
2016>50/150
2017> Mornig-afternoon-evenig= BTC
Depression
GBPUSD DOWNSIDE READYANOTHER POST TO SUPPORT MY PREVIOUS BIAS ON GBPUSD AND THIS BREXIT AND HOW ITS PAINTING THE PICTURE BEFOREHAND
GBPUSD LOOKING SET TO MAKE LOWER LOWS AND ULTIMATELY SHOOT ENGLAND IN TO A RECESSION
A-B-C-D STRUCTURE
PRICE HOLDING FIRM BELOW 1.4710 WITH WEAKNESS AND MACD DIVERGENCE
1.35000 WILL BE THE FIRST TARGET
S&P 500 Push It Real Good!The S&P 500 is starting to look pretty dismal on the longterm daily chart, despite the recent relief rally. Following the curves, price is on track to go into panicked free fall sometime in June or July. But as is the chaotic nature of the seneca cliff, It could fall a lot sooner than that. The exquisite head & shoulders top that forms the multi year crest of this price pattern has a technical target of 1530. But H&S reversals are known to kick off much more aggressive bear or bull markets than their technicals elude to; Especially when they have developed over such a considerable time frame like this one.
SPX500 Massive Multi Year Head & Shoulders Top On The Final TurnI've been watching this massive multi year 'head & shoulders top' take shape since the bounce at 1833 in August, after that big reversal that forms the 'head' at 2137. After today's sell off it's bearish potential should be undeniable to most. Considering the massive amounts of credit that have fuelled this bubble the debt deflation that will force the coming sell off should nothing short of frightening. Trade carefully.
