This is essentially already explained on the chart. my own short entry point would be around 5770 with a target of 5400
We currently have a TS Contraction + at my block support Target: 1.095
Hey traders! As shown on the chart, we are inside of my TS Contraction Pattern, we also have my elliott wave count. If we close below 1st Validation level today, I'm going short. Closing my short if we close above the invalidation level today or later on, so consider that as a stoploss
Trade Details: Valuation - 110$ Target - 125$ Term - Around 2 years Fundamental Factor Scores: Valuation score - 8/10 Risk score - 8/10 Growth Score - 7/10 Technical Analysis Score - 9/10 Moat - None This is not Financial Advice
Some random artwork of what looks like a hand pointing upwards, thought I'd add some special effects haha
I still see SPX going to 6000 before heading down in 2025 1. We gotta finish presidential election before heading down 2. We're still not that bad off 3. We're currently seeing bears getting greedy, not bulls getting fearful, bigtime signal for me that we're not gonna crash on the small dump we're having at the moment
You should be able to understand what I've drawn on the chart, else I'd recommend u not even think about taking the setup
Hi Traders, it's been a long time! So today I decided to waste my time on the SP:SPX chart again , every bit of information you need to understand this idea I've got is on the chart, you can write in the comments if u have any questions :) This idea is under no circumstances intended to be used or considered as financial or investment advice, a recommendation...
Remember me as the wizard who predicted the dump right before it happend. With a swing of my staff I've predicted the big MSFT fall :)
High likelyhood of a institutional rotation happening on the chart at the moment. I drew some lines above and under the current rotation, that is my recommended entries. Be careful of fakeouts though!
Pretty sure this time, it's confirmed. I have no doubts, everything in my head points towards a huge dump now
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