I think it's clear to see, but let's see on Monday.
a simple H&S situation might happen after a Bullish Serie, the price might be sold... TAKE A SHORT at 16683, to a road to 10590 or 10598 (the target price is to define this afternoon with Moving Average, ichimoku etc....)
If you add the RSI, you could break a trend too to confirm the krach. IN 2015 : PREPARE FOR A GOOD KRACH ON SP500.... Objective : 1525 or 1375 in 2015.
USA will sell the stocks this afternoon.. so sell the dax now !:
divergence baissière strandard inclus.
we are very high and a little correction with a h&S + divergence could happen with that scenario... what do you think ? Please add a comment.
we have a standard divergence on macd and a clear h&s, so it's clear for that for me.
We could have a H&S. The red trend is just touched, the ichimoku Tenkan is just touched today (rare thing), So we are about to go down. The H&D Scenario could be included in this short mid term scenario.
We have a validated H&S : We could have a pullback but I'm not sure with the SP500 very high level, and his rsi level, and we have news on friday which could drive us to 9112. But It's possible to come highter to the neck line before coming to 9112.
I think we could come back to 9160 this 13th of nov. and then going down to 9125 breaking the kumo.