GreyRabbitFinance

GreyRabbitFinance

To understand Housing we need to study lumber. It is highly correlated to the US Housing Market...as the majority of homes are wood frame in the US. West Fraser Timber Co. (WFG) is the top Lumber producing company in the United States. WFG could see a crash in stock price anywhere from -17% -37%📉👇

GreyRabbitFinance

Will the #stockmarketcrash ? No! The conditions on this chart according to the #Ichimoku are still Bullish. If supports holds between 4207-4113 on this weekly candle... Watch out for an N-Wave up to a Double Top or new ATH!

GreyRabbitFinance

#ichimoku #realestate Monthly Chart 1. Touched Top of Major Trend Line December 2021 2. Resistance at Top of Trend Line 3. Lower High/Lower Low Bear Channel 3. Ichimoku Death Cross 4. Kumo Cloud Flat 5. Target 45.13 January 2025 6. Ichimoku Time Theory Confluence - 9 Period + 26 period Weekly Chart 1. Stochastic Death Cross

GreyRabbitFinance

Monthly Chart 1. Resisted at Top of Major Trendline 2. Resisted by Kijun-Sen (Green Line) 3. Bearish Channel Down 4. Bearish Kumo Cloud Starting to Thicken 5. Chikou Span Below Candles 6. Target 0.88 Cents - May 2024 Weekly Chart 1. Resisted at top of Kumo Cloud 2. Death Cross forming on Stochastic

GreyRabbitFinance

1. Resisted at top of major trendline 2. Price closed below Kijun Sen (Green Line) & Tenkan-Sen (Blue Line) 3. Ichimoku Death Cross 4. Chikou Span Below candles 5. Target 827.29

GreyRabbitFinance

1. Resisted at top of major trendline 2. Price closed below Kijun Sen (Green Line) 3. Ichimoku Death Cross 4. Chikou Span Below and tracing candles down. 5. Target 15.64

GreyRabbitFinance

1. Resisted at top of major trendline 2. Price breaking below Kijun Sen (Green Line) 3. Ichimoku Death Cross 4. Chikou Span Below and tracing candles down. 5. Target 1521.13

GreyRabbitFinance

1. Breakout of descending Monthly Trend Line 2. Two Inside Doji Bars 3. Higher High/Higher Low 3. Chikou Span Above Candles 4. Price Above Kumo (Cloud) 5. Target 150.08

GreyRabbitFinance

Weekly Chart 1.Formed Top at the Top of Major Trend Line 2. Bearish Channel 3. Lower High/Lower Low 3. Chikou Span Below Candles 4. Ichimoku Death Cross 5. Ichimoku Kumo Cloud about to Twist 6. Price Breaking Below Kumo (Cloud) 7. Stochastic close to Gold Cross 8. Target 94.73

GreyRabbitFinance

Monthly Chart 1. Top formed at top of Major Trend Line 2. Bearish Channel 3. Lower High/Lower Low 3. Chikou Span almost Below Candles 4. Ichimoku Death Cross 5. Ichimoku Kumo Cloud Twist 6. Price is close to Breaking P - WAVE Below Kumo (Cloud) 7. Stochastic Still Waiting for Gold Cross 8. Target 136.58 Weekly Chart 1. Resistance at thick Kumo

GreyRabbitFinance

Weekly Chart 1.Formed Top at the Top of Major Trend Line 2. Bearish Channel 3. Lower High/Lower Low 3. Chikou Span Below Candles 4. Ichimoku Death Cross 5. Ichimoku Kumo Cloud about to Twist 6. Price Breaking Below Kumo (Cloud) 7. Stochastic close to Gold Cross 8. Target 94.73

GreyRabbitFinance

Monthly Chart 1. Double Top at Top of Major Trend Line 2. Bearish Channel 3. Lower High/Lower Low 3. Chikou Span Below Candles 4. Ichimoku Death Cross 5. Ichimoku Kumo Cloud Twist 6. Price Breaking Below Kumo (Cloud) 7. Stochastic Still Waiting for Gold Cross 8. Target 12,184.72 Weekly Chart 1. Resistance at thick Kumo Cloud

GreyRabbitFinance

Monthly Chart 1. Touched Top of Major Trend Line November 2021 2. Resistance at 1.272 Fib Retracement Level 3. Lower High/Lower Low Bear Channel 3. Chikou Span Below Candles 4. Ichimoku Death Cross 5. Kumo Cloud Flat 6. Stochastic Still Waiting for Gold Cross 7. Target 8,910.40 Weekly Chart 1. Resistance at Kumo Cloud 2. Chikou Span to retrace candles down

GreyRabbitFinance

Monthly Chart 1. Touched Top of Major Trend Line December 2021 2. Resistence at Kijun Sen (Green Line) 3. Lower High/Lower Low Bear Channel 3. Ichimoku Death Cross 4. Kumo Cloud Flat 5. Target 3,198 Weekly Chart 1. Two Inside bars 2. Resistance at Kumo Cloud

GreyRabbitFinance

S&P 500: Bull Trap to further 23% Correction to bottoming area around November 2023. Confluence of fibonacci time cycles and retracement levels were used to predict the correction zones. Ichimoku Kinko Hyo and Trendlines also used to assist the analysis.