I find these forks to beautiful not to share, the stacked parallel pivots are just absolutely stunning, and the Schiff grabbing the August top call off October's low is just a fantastic addition. Look to the circle for clues on the direction. Read the median line, the zoom, the retest, and the target should reveal in time to take action. DYODD - YOLO
Had an energy long last week, closed this afternoon. Little bit of humor on the roll here. Maybe this is a good lesson in trading commodity linked equities and the volatility of contract turnover in a tight market, we'll see how this impacts the likes of XLE tomorrow.
Looks to be a fractal pattern, storing this idea to watch how it plays out.
Looks like good adherence to to forks, will be interesting to see if this acts like a diamond or continues higher, implications are obvious I think.
Sitting right on the parallel channel from the swing high. A break here could be very serious. I'm sure everyone already saw this though, right? Good luck out there!
Seems reasonable to say that we are bouncing right around the high end of the pitchfork for the SPX bear trend. Also the recent swing high tapped and two sequential pitchfans align at this level, will be interesting to see if we push through or try for a median on the main trend. Significant moves above 4500 would make me skeptical, and a move above 4640 would...
Not making a prediction here, just looking at the fib channels and the recent price action. Looks like a little retest at EOD yesterday. This morning will be telling.
Long term log chart evaluating the cycles of bull and bear moves over decade periods.
Just looking at this 2020 run up, might be a symmetry move. Threw a couple forks at it, I don't have a horse in this race and GeoPol is obviously the jockey here. Fork play on the Rulble/USD puts $0 on the table for Russia in the next couple months too. Gonna be a wild ride. DYODD
Post-correction GE could retest the median on its current declining fork, fundamentally they are a company that makes things, real things that the world needs right now, and in the future. This is an extremely long term chart with little near term trading implication, but if we see a bullish pull from that median I wouldn't hesitate to invest in diverse large...
Are we there yet? Elmo, we just started Lots of interesting action at the top, facts remain. Interesting pair of ellipses here leading us back to a low. Time will tell. GL
Confirmation on high frequency cross could happen this afternoon. I'm guessing, but I have to document it to make it real. GL out there
Vix = Low RSI = Low Resistance at new ATH bounding line Escape from Regression Trend