The long term support has broken out, gotten rejec and now it's time to get rek. Look at triangle. Look at line. Break out - NO - bye. Next target is the next price action range. GAN GET WILD!!!
see ya in tha sky on tha moon I tell ya! pamp it like a well pamp that air into the tire to da center of the galaxy bros!!
I tell ya, look it goes to heck. Down to heck man look just look and you will see heck.
TONIGHT WE DINE IN HECK. I tell ya straight to heck. Heck is ~330.
breaking up or down, get rdy, I am short, but market wants to go up.
Rising wedge = bearish. High RSI = bearish. High Stoch RSI = bearish. High Accumulation = bearish. Next steps: short it. Target: 2,120
The prophecy: Short term 14,400 Mid term 8,800
Text book elliot wave growth, text book AB correction, now only remaining the the text book C decline after the text book CB triangle. Can not find a more text book case in book texts.
EW and Fibs line up - should be on its way to 7400 then 7850.
The EW levels together with Fib retracement / Fib Trend Retracement match up perfectly towards a 6500 run. Cleaned for better visibility. Fundamentals might shake things up, but I am LONG.
Map these Elliot Wave points and combine with Fib Retracement / Fib Trend Retracement. You will find text-book hits on text-book fib levels. I cleaned all of this away for a better final movement view, which is: A retracement towards 0.618, but fundamentals might shake things up! Down it goes nontheless.
History repeats itself, both on RSI, price action and even volume trends.
Final elliot wave after final fib correction!
Fibs line up nicely - text-book move to 5480 expected. Huge retrace after 5480 also expected!