For what feels like the longest time I have had my eye on the CME gaps down at approx 11k and 9.5k.
I still feel like a retrace to these levels is possible should a significant enough downturn in traditional markets occur.
I would look at placing buy orders at these levels (as well as on the way down to there) in anticipation of there being a rapid cascade of...
Spent the night drawing up a chart so that I might help good folks to position themselves for what I see might be coming.
I am personally side-lining until the lows.
I contend that we are currently in the start of a macro wave 2 following the breakout pump that took us out of the 2018-2019-2020 bear market to the all time high.
Projecting 20k then 45k then 8k...
