YEP! ALL-TIME HIGHS BABY! You're welcome! :)
Pretty simple... After identifying a candle with buying pressure, last week I announced that we would very likely be hitting new all-time highs simply by following the N# pattern that was unfolding at that very moment with precision.
VALIDATIONS ARE THE KEY TO PREDICTING A MARKET MOVE.
But what do I mean?
Here’s a recap of the moves I got in 1 week:
#1 It gave me a breakout.
#2 It gave me an exact retracement to my order block area that I was looking for.
#3 It gave me the volume I needed to see.
#4 It gave me a volume candle with buying pressure.
#5 It gave me an immediate bullish structure.
#6 The "N3" pattern is being fulfilled precisely.
How many validations do I have so far?
6 Validations!!!! Don’t you think we’re in a bullish scenario where, with all these validations being met exactly, we could see a new extreme, breaking new all-time highs?
OF COURSE WE ARE!
The more validations you have in an analysis, the more likely the scenario you’re looking for will be fulfilled correctly.
Now... Going back to SPY, all-time highs are uncharted territory! We must be very cautious, and as soon as the retracement begins, I’ll start my analysis again.
Best regards, and I hope this mini-lesson helps fine-tune your price analysis process.
Thanks for supporting my analysis.
Best regards.