VICUSDT(Viction) Updated till 02-09-24VICUSDT(Viction) Daily timeframe range. PA still in price discovery level. so a valid retrace or reject can be profitable. its trying to claim over 0.4130. thats a good thing cause not much hold up till 0.5563,depends on bag holders. recent support and low at 0.2779.
VIC
Is tomochain ready for the next rocket? (now VICTION)Tomochain has been changed to Viction on 24 november. I do not expect any changes in the direction forward to a new ATH.
The fourth wave of major degree forming an elliot triangle abcde wave is still not finished. I do expect the start of the fifth wave between end of december and january 2025.
OUTSIDE DAY for ALL major averagesWhat a turnaround for ALL the MAJOR averages!
As we've been saying over and over again.......
The END OF DAY IS WHAT MATTERS!!!
*Indices formed an OUTSIDE DAY*
Outside days can signify 2 things:
CONTINUATION
OR
REVERSAL (of the current trend)
Being that the day ended lower, LIGHT VOLUME though, we will take this as a WARNING!!!!!!!
RSI fell pretty hard, #stocks could just experience profit taking for a bit.
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TVC:VIX roaring & seems 2b stronger this time around.
TVC:DXY close to support and seems to be trying to base again.
2 Yr #yield showing positive divergence.
10Yr oversold - don't see anything out the norm in either one of these, yet at least.