NathanPuri

NathanPuri

expecting the late fri rally to meltdown

NathanPuri

Otherwise, any lower and you're in, never coming back mode...

NathanPuri

Greatest Bear Market in History on Deck

NathanPuri Updated 

With 33 bars, a perfect Ichimoku number, this wave structure appears complete. An inverse N Wave appears in the previous two legs, and so the downside target is 6804, before the next leg up of the bull market begins. Short from 6950...

NathanPuri

here are your supports; wait for you buy opportunity... probably in a few days... lol

NathanPuri

reversion to the mean means this is not an important asset

NathanPuri

So Bearish

NathanPuri

With a perfect 33 and a previously (off-site) chart work-up target of 6960, this wave up should be complete for now.

NathanPuri

-V

NathanPuri

-N Calc

NathanPuri

-NT Calc

NathanPuri

-N Calc

NathanPuri

This whole day has been inside the Kumo. Expect more downside to this corrective cycle.

NathanPuri Updated 

Parabolic curve

NathanPuri

Dang...

NathanPuri

What gives me pause is this sell signal trigger, blue dot/red stripe. It's pretty reliable. A down trend can definitely begin here.

NathanPuri

I'm trading this badly. The 50% level was a good entry and looks like held support If it holds. The break down from the bullish hammer candle is no bueno. And it's trading in the clould, so no trend....

NathanPuri

Each low and/or close very closely hugs the Fibo levels. This is very bullish, and today's hammer candle signals the bulls will take control...