Today completed the sideways/triangle correction PPG has been going thru for several months. We will see a 5th wave down now. Roughly 20-40% lower. PUT PUT PUT ON YOUR PUTS.
While I would like to fill the price gap above as much as the MM's would. It simply won't for now. Resistance holds, price comes down. SHORT.
Bearish penant into several resistance levels, including channel. Doesn't get much easier than this folks.
Very familiar pattern shown here. We will come down between 20 - 30% in short order. Will send out individual names that are very ripe for the short.
Our Pattern Piper recently flagged this downward zig zag pattern from USD/JPY to closely resemble Coinbase's downward zig zag pattern. What do you think?
Our Pattern Piper found a downward zig zag (USD/JPY) to closely resemble Coinbase's downward zig zag. What do you think?
The support line is done. Time to revisit support levels below. Should see a bounce on green line.
Reasoning for bearish and bullish levels included in chart. Trade well.
For this to occur I'm assuming its a much weaker jobs report that will excite the market that inflation is largely behind us. Then earnings disappoint and the real fun begins.
Doesn't get easier than this set up. Shorts are too crowded. The risk/reward for out of the money calls are outstanding. 10K = 350K If 2nd Target reached by April
B Wave's New Algo is nearly complete and de-bugged. It kicked this chart out for ES Mini Futures thru mid Feb. I would question any chart that doesn't closely resemble this.
430 by year end. 330 will be a nose dive free fall as the dollar rallies for 2 months. Then back to 430 by summer.
A case for new all time highs? In the W3 - W4 of WC of an expanding flat. C>A in most cases.
pretty clear we are in final stages of ending diagonal. I believe we will finish next year with a blow off top, ED.
Short WMT here. Long term support is broken and being backtested. Tough to break thru once out. SImilar to CVS and other DOW stocks.