Hi This index seems to be over bought to us as it is recovering from the Corona pandemic Crisis and the way it has rallied, we may have a chance to short it at its correction or so called retracement. we can see bearish divergence of Price and MACD and combining this flow with Price Action Analysis it gives us more confluences of a down fall and a trend reversal...
Dow Jones Crash 1929 vs. 2021
On the 3rd of August we sent the following chart to our members: We don't want to brag, but DAMN, this is too good to be true! We never thought we can predict how the price will move EXACTLY in the future, but It seems like we just did😱 Look at the prediction (light blue) line we drew on the chart on August 3 ... The price and candles are following our...
Well, the Dow tracks transports right? Well not that many people are transporting things haha. This fractal was taken as a "bars pattern" of the first leg down. The 3 levels I choose are important levels where price will go to if we have a dump similar to the size of the last. How do I know that? The fractal taken was not modified at all and when attached to...