fenzinna

fenzinna

We’re in wave 5 of an ABC correction. We’re approaching 538 which is the 20 and 50 ema daily. Volume is declining as price rises. EMA’s have death crossed. 506 lines up as a 1:1 move on wave 1. We’ll get a 5 pattern move to the downside into 506 over the next week or so. The 100ema is in the 506 range and I expect it to hold. This will then signal a bounce which...

fenzinna

We’ve been in an upward channel for 2 days now. Last night looked like we’d leg down but this morning looks like we’ll open at the top. 529-530 looks like top here. I’ll wait for opening but I wouldn’t Be surprised if trapped long liquidate here if it holds. Everyone long should Head for the door.

fenzinna

Not much to see here. Basic TA suggests 480 retest. It’s not a market crash. It’s just collection restructuring. Ascending support, golden fib retracement range, previous top. Wait for opportunity and sell pops in the meantime.