1. The following is for entertainment purposes only. 2. Do not trade on this information. You will lose your money. 3. Yes I have positions and yes I am basing my decisions off of long term analysis like this *History doesn't repeat but it often rhymes* Two thoughts: 1. In February 2019, 5 months after the ichimoku long term and short term trend lines...
It's been around for over a decade. It's been repeating patterns that entire time. There's nothing special about this dump. Stop your crying, it will rise again.
Looks like an ascending triangle, which would signal a continuation pattern. Also, Ichimoku cloud is bullish on a couple lower scales. I think we'll see 5700 next. If the pattern fails, it'll be down to 4700
** I AM NOT A PROFESSIONAL. DO NOT EVEN READ THIS POST. IT'S NOT WORTH YOUR TIME IF YOU LIKE MONEY*** Looks like S&P 500 is gearing up for a large drop
I AM NOT A PROFESSIONAL. YOU SHOULDNT LISTEN TO ANYTHING I HAVE TO SAY.... EVER Looks like a descending triangle on the DOW. Should be signaling a bearish continuation. If I measured it right, we'll be looking at 24,700 as the target
"I AM NOT A PROFESSIONAL. DO NOT TAKE WHAT I SAY SERIOUS" I think if the right shoulder forms today "19-Oct-18" then we'll see a dip to the mid 24k range on Monday the 22nd
"I AM NOT A PROFESSIONAL! DO NOT TAKE WHAT I SAY SERIOUS" I think that the DOW is signaling a reversal. It looks like a double top on the chart is forming. Also there's a lot of bearish divergence on the indicators.