NASDAQ CorrectionNASDAQ strong bearish divergence formed
The correction will look like around 500 to 600 points
The next strong support 15500 . It will be a great entry point for buyers
Other analysts are also suggesting a greater correction till 14500 points but I think in an election year this is not going to be that huge correction but no one knows and who actually knows ?
Nasdaq Composite Index CFD
NASDAQ important levelsNASDAQ important levels identified and a projection of movements also can be seen
ABCD harmonic pattern identified which can indicate a bearish pattern
so there are two strong cases of BEAR
Volume divergence
ABCD harmonic pattern
A correction is expected now and can be one of the levels identified as support
Charts believed to influence the coin marketHello traders!
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Have a good day.
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(IXIC chart)
Among the charts that are considered to have an impact on the coin market, the most referenced chart is the NASDAQ index chart.
(NAS100USD chart)
However, since the coin market operates 24 hours a day, you usually see the NAS100USD chart, or futures chart, rather than the IXIC chart.
Since NAS100USD has just renewed its new high (ATH), it is not easy to predict its future movements.
(1M charts)
Accordingly, future movements should be predicted through the Fibonacci retracement ratio.
If you think it has an impact on the coin market, the NASDAQ index chart must maintain an upward trend in order to maintain the upward trend of the coin market anyway.
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(DXY chart)
Among the charts that are believed to have an impact on the coin market, there is also the DXY chart.
If DXY maintains an upward trend, it can be interpreted that the investment market is slowly slowing down and is likely to enter a recession.
Accordingly, if it rises above 105.873, it is highly likely that the investment market will enter a recession.
I think it should be maintained below 102.089 for the investment market to become active.
Therefore, if DXY rises, it can be interpreted that the coin market is likely to decline.
Conversely, if DXY falls, it can be interpreted that the coin market is likely to show an upward trend.
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(XAUUSD chart)
I think there are many people who see the XAUUSD chart as having an impact on the coin market.
If XAUUSD maintains an upward trend, it can be interpreted that there is a high possibility that the coin market will also maintain an upward trend.
Conversely, if XAUUSD shows a downward trend, it can be interpreted that there is a high possibility that the coin market will also show a downward trend.
(1M charts)
Since XAUUSD is also updating the new high (ATH), it is necessary to make predictions using the Fibonacci ratio.
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I don't think it's a good idea to predict the trend of BTC through the charts above, but it's better to check them only as a reference because they are likely to have an impact if many people refer to them.
In order to know BTC price changes, that is, trends in the coin market, you must ultimately understand the flow of funds.
This is because it is highly likely that the trend will ultimately be determined by whether funds are flowing into or out of the coin market.
Therefore, the charts that should be considered more important than the charts above (IXIC, NAS100USD, DXY, XAUUSD) are the USDT and USDC charts.
Stablecoins such as USDT and USDC will play the main role in moving funds.
Among them, USDT can be seen as having a great influence on the coin market because it has the largest number of trading pairs supported by exchanges around the world.
Therefore, it can be interpreted that if USDT continues to maintain its upward gap, the coin market is likely to show an upward trend.
When you trade in the coin market, a candle is created on the USDT or USDC chart.
I believe that when funds flow into or out of the coin market, a gap occurs.
It's a good idea to understand these points and look at the charts.
No matter what you refer to, the trend will ultimately be determined by whether you receive support or resistance at the support and resistance points on the chart of the item, coin, or token you are trading.
Therefore, before looking at the charts above, you must have marked support and resistance points on the 1M, 1W, and 1D charts of the chart you wish to trade.
Since we are traders, not analysts, we only need to create a trading strategy and trade using the support and resistance obtained through chart analysis.
Anything more than that will only end up influencing your subjective thoughts and creating trading strategies in the wrong direction.
Have a good time.
thank you
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.
Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched.
If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
IXIC - Higher High Double Top Contained within this upward channel a double top could form at the top of this channel, however with it being a higher high we can assume further bullish movement after the double top proceeds.
A higher high suggests there is more steam left in the run. Which evidently there is a lot of steam for the NASDAQ.
Abnormal DistributionGoing against the norm. Modeling stock markets using non-normal distributions.
That is the only way to take into account the massive volatility that markets can reach.
arxiv.org
Laplace Distributions manage to analyze prices better than normal ones.
It is, as if, stock market is not normal, as in abnormal. As if it defies all physics.
2020 surely suggests that. Rest assured, 2020 was not the worst violation of "normal" physics.
The 2020 Swan may have made headlines, but 2008 is surely unforgettable for young and old alike. It is an example of how deep and unpredictable a crisis can become.
Before the crisis, a plausible risk assessment would give us the following region.
This assumption would end up catastrophic.
A 2-sigma difference may not seem much, but it ended up being a 40% gap.
The 2020 crash shown before, reached a 6-sigma deviation in a shorter timeframe than the following ones. Comparing apples-to-apples with the other charts, 2020 was less than 2-sigma on 300-month length. Suddenly, 2008 looks, and was in fact, more painful than 2020.
Sticking to the same interval (monthly) of analysis and with the same length, we go back in time, in 1980s, just after stagflation ended.
Once again, investors were baffled to see markets grow and grow, above all expectations.
Curiously, Black Monday occurred on the exact 4-sigma limit on the 300M length.
Moving swiftly on, we reach the "Roaring '20s".
Spoiler Alert, the same happened.
Price reached above any possible expectation .
An investor in 1926 would do an analysis based on their historical data. They could not have known the future price action. The 2-sigma channel we drew in 1926 ended up deviating up to 6-sigma.
As we all know, The Great Depression followed up. That was a similar >6-sigma event.
Price reached below any possible expectation .
If you believe 2-sigma is all that Dow can do, don't think twice...
...think quadruply (as in 4-sigma)
The 2-sigma limit was dwarfed...
...from the scale of the events that followed.
After all, stock markets must go in places where nobody believes possible.
No second thoughts must flood our minds to reach the top.
All hope must be lost to reach the bottom.
Extra Charts:
A small-looking but deadly bear trap could be all it takes to create a massive bubble.
Dividing by M2SL reveals that equities are not that overpriced. They are sitting comfortably at the mean.
Has Big Tech grown enough?
For 20 years, consumers were the result of the growth of these companies. Now, governments need digital payment systems, digital identities, IoT. All of these will come mainly from existing corporations, not so much from government production.
The .com bubble was uncharted territory for technology.
Now, supply has developed, and believe it or not, we are still in charted territory. The IXIC/SPX ratio (technology dominance) hasn't even managed to make an all-time high.
Tread lightly, for this is hallowed ground.
-Father Grigori
déjà vuCircle is the most perfect of shapes. It optimizes its area perfectly. An architectural marvel with no point of failure. And it is unique. All circles are similar to each other. Some small, other large. In the end identical.
Cycle is the Hellenic word of Circle.
I purposefully call it "Hellenic" instead of "Greek"
Market cycles are just that, cycles/circles. All of them are identical clones of the original.
Price is after all, nothing more than perfect fractals, the equation of which is, and will forever be, unknown to us.
FED is the all-powerful entity that gives birth and death to bull markets. Its only weapon is yield rates. Don't go against the FED.
Yield rates up = Bull Equity Market
Yield rates down = Bear Equity Market
Many think this is the other way around, that yield rates kill equity markets.
Why do rate hikes help equities though? Because Bonds. Bonds suffer during periods of rate hikes. And they soar when yield rates remain constant or fall.
The usual investment strategy of equities+bonds is creating a rapid shift in flow as we speak.
For a year, massive amounts of wealth was withdrawn from bonds, and invested into equities.
This trend is about to shift rapidly.
And the speed of such a shift is extreme.
While short-term rates are very fast moving, long-term yields represent a heavy market, and thus are more important in our analysis. I will ignore the FEDFUNDS rate because it represents a fraction of the weight of US10Y.
Long-term yields didn't change much in 2007, but the crash was devastating.
In 2018 the same happened, but faster in US10Y. The slope was much higher than in 2007. This resulted in a literal black swan event. The consequences of the 2020 crash are still unknown.
Moving to today, we witness an unparalleled change in yield rates. This has resulted in massive bond crashes as we have shown before, and will most certainly lead to incalculable effects in the equity market.
History has shown that the stronger the rate change, the harder the crash. This makes sense. The higher yield rates go, the greater the incentive to invest in bonds.
Be aware, the market is waiting for the FED to trigger the crash.
Make sure to pick the correct side when the cycle ends again.
Tread lightly, for this is hallowed ground.
-Father Grigori
US Equities Intrinsic AverageThe yellow resistance zone is expected to be pivotal for the stock markets. Although some indices appear close to ATHs, the presented spread graph suggests the intrinsic value of the US stock market isn't even half of the previous highs.
Same graph with monthly candlesticks:
Fundamentally:
Although rate cuts are expected, historically they mark the beginnings of bear markets
The significant 7 makes up more weight than Canada, France, China, UK, and Japan combined.
With de-dollarisation and world progressively relying less on US doesn't look positive for the 7 giants
Timing the markets can be difficult, but with
the recent deterioration in the labour market
shaky elections in 2024 (likely to be priced in before)
historically strong equities from January to mid-February
--> I speculate a bear takeover in early 2024.
For intrinsic graph sceptics, here is a simple average of the 4 indices:
How to break a channelOur bodies tend to grow as we age. Our minds and skills also tend to grow as we age. Some skills however, never grow.
A child may draw a line. It can be squiggly, but still, a line. It doesn't change much as we age though. An analyst can pretend to be a pro, just by drawing a single line. Crazy right?
Two lines, one straight, one curvy. Both lead us to the same conclusions. That markets are high.
An evolution of the simple line could be a pair of parallel lines.
Analysts, being human, always revert to such naive assumptions as to how markets work.
Hand-drawn, subjective channels are now science for some reason. At times, such assumptions have led to the most massive of traps.
With a single stroke, we have managed to trap ourselves two times, and in a massive way. It is us who may set the traps and/or fall in them.
Quote of the day:
Channels don't spawn naturally, only candles do.
You don't have to look that far back to see traps like these.
NVDA a few years ago, broke out of a bearish channel.
IXIC as well. Selling back there you would have missed the .com bubble.
We have become like CJ and The Truth, where we see patterns everywhere, and we trust what we drew ourselves. The definition of insanity?
An arbitrary trendline may mislead you.
Suddenly, another line has showed up.
An analyst must be careful, as to whose signals they trust.
Let nature and science do the talking. You just have to stop talking, and start listening.
Charts are mute. An analyst must avoid using charts to convince. This is trap-setting.
A chart must be left alone, in quiet, to pass on its message.
Tread lightly, for this is hallowed ground.
-Father Grigori.
VIX Index at Lowest Levels Since 2017OVERVIEW
As of 12/12/2023, CBOE:VIX is at 11.82.
There have only been a handful of periods over the last 30 years where stock market volatility is at a similar level, including 2007 and 1994.
Some would argue it implies an increasing level of volatility will be due in 2024.
What is the VIX?
The CBOE Volatility Index, is a real-time market index representing the market's expectations for volatility over the coming 30 days. Investors often refer to the VIX as the "fear index" or "fear gauge" because it is one of the most recognized measures of market volatility.
Here's a breakdown of what the VIX represents:
Volatility Measurement:
The VIX measures the stock market's expectation of volatility based on S&P 500 index options. It is calculated using the bid and ask prices of S&P 500 index options.
Forward-Looking: Unlike many market metrics that look at past performance, the VIX is forward-looking. It provides a 30-day forward projection of volatility.
Market Sentiment Indicator: A high VIX value indicates that traders expect significant changes (volatility) in stock prices, which is often associated with market uncertainty or fear. Conversely, a low VIX suggests low expected volatility and is often associated with market stability.
Not a Direct Stock Market Indicator : It's important to note that the VIX does not measure the direction of stock market movements. Instead, it measures how much the market is expected to fluctuate, regardless of the direction.
Use in Investment Strategies: Some investors use the VIX to help in making decisions about market timing. For example, a high VIX might suggest a market turning point, leading some to consider it a good time to buy, while others might see it as a signal to sell.
VIX Derivatives: There are various financial products, such as VIX futures and options, that allow investors to trade based on their views of future market volatility.
Risk Management Tool: For portfolio managers and sophisticated investors, the VIX can be a tool to hedge against market volatility or to take a position on future volatility.
In summary, the VIX is a key measure of market expectations of near-term volatility conveyed by S&P 500 stock index option prices. It has become a crucial tool in financial markets for hedging, trading, and investment strategy formulation
Top of the world... again.The scale of what is happening cannot be understated.
Massive amounts of money have been printed, then burned immediately.
It is as if the FED is trolling us... Or we are being trolled by our own minds.
Equities reflect the mental state of investors, big and small alike.
The dilemma is causing headaches, it has reached a paradoxical state.
No human, not even ChatGPT can solve paradoxes, it is not suicidal.
This chart is one attempt into clearing the picture.
This exotic chart attempts to calculate the price of equities based on the current state of yield curve inversion. It can help calculate the "absolute" strength of indices like IXIC. Similar calculations can be made using the DXY*IXIC/100 formula. It has reached with incredible accuracy the 1.272 retracement, as shown in the main chart.
In short, the higher this chart goes, the better the QE Machine performs.
The Yield Curve is now showing a clear warning signal.
I have been watching closely the price action, now it is more certain than ever that the yield curve may correct sooner than later. A correction of the yield curve has usually led to severe recessions.
After all of this analysis, still no conclusion about equities...
Occam's razor could be the solution. Clear and simple analysis gives the best results.
---
1. Simple Price Patterns.
Sometimes, the simplest answer is the correct one.
---
2. Classic Dow Theory.
It dictates that the weakness of the few may lead to the weakness of the many. DJI is the first to show signs of weakness. Will wider indices like SPX weaken?
With bear flags clearly appearing, and an apparent HnS pattern forming, things couldn't get worse. The post-GFC bull market may fail any time now.
---
3. The Basis of Stock Market
There is this rule that everybody knows and most forget. Price is split between two areas, above and below average. When price is above average, sellers dictate price. Similarly, when price is below average, buyers dictate prices.
Price is higher than average for a long-long time. It is one of the longest-standing equity bull markets. For many years, equity prices are facing increasing selling pressure and decreasing buying pressure. Why? Because investors progressively cash-out of equities.
There may be too little interest for serious investors to buy into equities. Equities are too expensive and too risky for them to be a viable investment decision. You can find more about investment risk in @SPY_Master 's idea linked below.
Tread lightly, for this is hallowed ground.
-Father Grigori
P.S. There is much information I may have left out of this idea. I don't want to be repetitive and I try to keep ideas short and clear. You can find more info about the QE Machine in the following idea.
Arbitrary LinesBabylon, the city where everybody spoke different languages.
In the end, Babylon met grave consequences.
(Macro perspective of the main chart)
Citizens of Babylon, in our case traders, can barely communicate.
They all speak in different timeframes, and with contradicting interests.
Which translator in their right mind can untangle spaghetti?
Many different lengths of regression.
How can any translator give a geographic position of anything?
Even if I try to make an argument...
... I am plotting arbitrary lines.
(bearish trendlines)
A line is nothing but weak. It can easily "disprove" what I have "proved".
(bullish trendline)
If we are to leap ahead, we must throw away all of which we are sure to be correct.
Surely there is something we can agree upon, right?
For I was conscious that I knew practically nothing...
-Plato
It seems that everything is based around the chaos theory.
The flight of a butterfly can affect tornadoes.
Traders (like me) fall in the trap of making chaos into facts and arguments, and conclude into definitive answers.
Clean and ordered answers taken out of chaos.
Ordo Ab Chao
Is anything/everything that we do a desperate attempt to revert entropy/chaos? Like an insane ritual?
Maybe we know nothing. Maybe making arguments and conclusions is meaningless.
Tread lightly, for this is hallowed ground.
-Father Grigori
Last BTC IdeaIt's been a pleasure exploring such a unique financial asset class. Nevertheless, we are moving into a political & economic direction in which crypto cannot coexist with the financial system and have any value in the long term.
There are many reasons for this outlook. Join my channel for more:
Telegram: @DeltaS7
New week Nasdaq is still highHello everyone, Although the index price lacked positive momentum in recent trading, its general stability within the axes of the ascending channel, based on holding above the main support extending towards 14800.00, in addition to the formation of the 55 moving average for additional support with its position at 14945.00. This contributes to confirming the positive continuity for the upcoming trading.
The above invites us to wait for the price to accumulate positive momentum to enable it to form new ascending waves, thus reiterating the pressure on the obstacle extending towards 15530.00, and by surpassing it, it will succeed in reaching the additional stations, which may start from 15670.00 and 15870.00, respectively.
The general trend expected for today: bullish
NASDAQ Correction LevelWe've been seeing NASDAQ index volume decline since mid-July. The rise slowed down and even came to a halt. Therefore, we expect a decline for NASDAQ in the coming period. This decline will reach the 200-day moving average of $14250. But the weekly close could be above $14550 in any case. At this level, purchases of US stocks can be considered.
IXIC Bearish SeptemberNASDAQ is forming a potential head and shoulder pattern
The neck line of this shoulder is 13247
If it goes below that or the daily candle close below that level that means the bearish trend will start
Looking @ DXY also it seems it is coinciding as usual with the potential down turn of the market .
20 Sept is the Fed event and that can bring the news to push the market down
The strong support level is 12289 level
Anything around 12k area should be a strong buy as the bound from this level would be amazing,
Nasdaq 2000 top vs Current Market.As Rektember draws to a close
The seasonal's actually point up for Q4
Santa Rallies are real market phenomenons!
But is this time is different? Could we have actually topped??
Compared to the tech wreck of 2000
You can see the initial drawdown was around minus 40% from the top
We then got a mini bull run, a recovery wave.
About the same 40% in an upward reversal move.
The 2000 downdraft and recovery occurred over a shorter time frame than what has transpired so far today..
The current market structure has more volume / price action that has taken place below current prices.. This in theory should provide more support.
The market was caught off guard regarding the Fed wanting to stay higher for longer
(I'm not sure why!)
... and seemed to have been pricing more aggressive rate cuts sooner in 2024
This could cause a repricing of risk and expectations.
Chamath Palihapitiya has told his CEO's to have adequate cash into 2025, but has revised his thinking and expects they need to have enough cash to get them through to 2026!
If more captains of industry come around to this way of thinking... the ways to generate cash on hand is to withdraw from spending and possibly laying off extra capacity in the workplace!
You see how this thinking feeds on itself and into the broader economy...
If we look back in a few years time and 2022 did prove itself to be the manic top... and there is plenty of evidence it was, in terms of sentiment and broad retail involvement (dog coins , meme stocks, NVIDIA at PE way north of 100)
WE shouldn't be too surprised!
Nasdaq Long As I said 1 month ago NQ100 Will Go to 22000Trend Bullish
P above vwap yearly
Maket profile shiftig higher
POC shifting higher: Now the 15 most institutions and institutional traders, that control more than 75% of the makets( Market makers show their cards:Thier footprint is POC, a phenomenon they cannot hide, but shows exactly what they are thinking, where they buy or sell, and a forecast where they will go to)....
And it is cystal clear:They wanna higher prices....
FED is losing power, and enarly noone but noone does care what FED or Powell and his freinds are telling ya.
The truth is that that the so called infation(yes so called inflation as it was made by FED itself) is cooling down, DXY is depreciating, and retail traders are becoming smarter. The bear market of 2022 was a good teacher, and those among us started to learn, learn and understand the markets, some better than the most professional investors,traders and institutionals...
This lesson was hard but it was worth it:
The smart trader of today has clearly underszoad that no one ,but no one can stop the trend.
And he has also understoad it takes more than watching the news ,following blindly the FED or the so called ,, EXPERTS,,---Those who were made and nouuned as Experts by the media....that is gaining its profits out of the losses of the retail traders, some professionals and most amateurs.
The reality is:
The true fundamentals facts we are reading and watching every day are not true at all: 99% fake, false,manipulated.
What can we do? How can we know if the news we get are fake or real?
Well: My answer is we can´t! And if some news are real, they wont help us. Why? Because they are old. Done,Gone.
The news are made by humans, and the persons are making news they have intentions:Money,Power,....Many insiders, many intrigues...
Well this is trading. It seems to be a chaotic jungle:If we ignore the rules. This is trading.
What to do:
I found my own answer, that helps me to stay focused,awake and profitanle.I m not saying that I make all the time profits. But I use to say over the long run I have beat and will beat the markets,many times,again and again. Drawdowns are part of the game, and every trade we take, might it be on lower or bigger TF displays drawdowns,because the markets are volatile:Some more and some less.But they all are volatile.
It also depnds on your protfolio,if you trade 1 asset, or more assets, and the time horizons...
Statistically, and you can check it up day trading will end in losers, as there is a 50 50 chance to win or lose in day trading.
On longer TF and time horizons that statistics change thier edge into higher win chances...
Therefor I trade only big TF, and only the trend. The intradays ,i use to buy or sell in trend directions..Only.
Back to Nasdaq:
Inflation cools down
Oil down
DXY down
Higher Highs Higher Lows
Higher POC
Volatility of VIX down(Risk down)
RSI long term above 50
Stochastic bullish
The market makes higher highs, and Higher lows, but RSI makes Higher highs and lower Lows!This is a clear indication that the trend will continue and the new part of the trend will be mch more stronger than the previouse one.
Why 22000 and higher: The companies will and must make more profits than expeted to compensate thier past losses of the last 3 years, and evetuelly get prepared for future crashes...So they will increase the production, that increases more job demands, that leads to more hiring people, that will boost household incomes, that will boost more spending because ppl earn more income, that will rise the production cycle of the economy as the production rises, that will prevent RECESSION!
Yes ! Recession: FEDs propaganda is recession, that wont come! Why? Well then read the logical aruments above! And i gotta tell ya something: The aruments above are for real and they are real facts of the last 80 years wrld economy. China, Japan, Europe! Even during the worse crashes China and Japan have been the first countries tehy recovered fast. Japan is refusing to increase the interest rates, and Just see how the economy machine is rolling on...The americans have understoad that logics, and it seems that FED and its friends have not understoad it, or they are unable to understand it.
What is the Makrets answer? They BULL Nasdaq,Dow Jones, S&P and all other indices. That is they answer,and that makes FED much more powerless.
Power to Traders.
Good Trades and Good profits.
Dave
IXIC - How I Think The Nasdaq Will Play OutMy current thoughts on the Nasdaq and correlating American markets.
I expect a higher high within this large broadening structure, followed by a large bear run for a few years. During this period it would be optimal to switch to rare metals (gold,platinum,silver) and also crypto as a hedge during these turbulent times.
Following this I expect a huge bullrun. But try capitalize on the bear movement.
Nasdaq Extremely UV (Not like 2002) Again Check The M2 Supply
I see people posting comparisons of the NDX 100 from 2000 comparing it to 2023.
Its nothing alike people are still short waiting for a "collapse" that will never come due to the fact the USM2 is debasing and offsetting the actual index.
I'm shocked not even the "experts" on Youtube or Twitter explain this to new people coming into the markets. Because they don't even understand this either.
The Nasdaq is not going to collapse its extremely undervalued right now.
NAsdaq Bearish Bump aheadNASDAQ is forming a potential head and shoulder pattern
The neck line of this shoulder is 13247
If it goes below that or the daily candle close below that level that means the decent will start
Looking @ DXY also it seems it is co-inciding as usual with the potential down turn of the market .
20 Sept is the Fed event and that can bring the news to push the market down
The strong support level is 12289 level
Anthing around 12k area should be strong buy as the bound from this level would be amazing
NDQ | Hidden in plain sight...This is a period of recession, a period when hands change. Last becomes first and first becomes last.
Curiously, if you mix and match the main indices, you will get bored of the same shape appearing over and over again.
They all appear in the same period. This stuff is hidden in plain sight...
NDQ vs DJI
SPX vs NYA
NDQ vs RUI
RUI vs NYA
RUA vs DJI
This one is full of small HnS. A little rough but okay.
And an extra speculation:
DJI vs SPX
Question: Where do all these HnS lead to? Who is the final recipient? Since all these charts are comparative to one another.
Tread lightly, for this is hallowed ground.
-Father Grigori