Here we see the correction from the highs in September/October. What does the chart show us? Well, we have a bullish wedge being formed similar to February correction. Where does this lead us??? I think the larger correction is in the works, perhaps we make the larger right shoulder and then a recession hits.
Bitcoin is making similar fractals and pumped almost $1000 from the lows. If bear market is going to continue good place to build a short. If bull market to follow, then pull back is due for accumulation. Time shall tell.
Here we can see similar patterns on a pull back coming. One seems to lead to an inverse head and shoulders and the other shows a further drop. Time shall tell but as previously posted I am short.
Markets still overbought. Lots of uncertainty still looming. Last few days of pumping was probably distribution. Our flagship Apple is crashing, Markets will follow. Based on Fractal analysis, I think we see a double bottom at the minimum from the February Lows. SP:SPX
Here we can follow a pattern like we had in February. Follow the Fib Levels and trade accordingly as today was probably the low for now/