Marked divergence in momentum as NFLX climbs in a very lethargic manner. When it drops it is going to be quick. Overall, though, the drop is likely to be bought.
Going to be violent - upside or downside - anybody's guess
Think we head lower till 11th-12th Feb
I think we get to a top for atleast a few weeks, by mid this week. Important time in the markets. I'll be looking to short in the 2738 region with a 10 point stop or so
Think we head down to the box in the first leg of downside. Ultimately I expect us to test or breach the dec lows in SMH. Trigger is closing below 100
Looks like we can wear our bear suits again for this one
Think we see slightly higher into the 61.8% fib retracement and then lower for a consolidation, and then another high around previous ATH, in the 1st week of April
I think it arrives at 251, stop at 256
As long as the multi decade trendline holds, I think long term investments that benefit from a falling dollar is the better idea imho
BTC looks like some more waiting for 5-6 months might be in order unless we see a spike down soon, which is basically Christmas coming early in my view
I will be looking to take short positions for a continuation downwards -- rinse and repeat till it don't work.. ;)
The market seems to be following a fractal which points to 4th August 2008. The market then followed the yellow line more or less
If we get below 48-50 region, that would break the bullmarket correction symmetry. That would likely lead to a dump, which would test 2009 lows