Not confirmed, obviously, but the possibility is there. In tandem with the BTC chart (they've been correlating), things could get quite red all around.
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Looks like a shoulder is on its way but we'll have to see. So damn big. On this big of a chart, every candle feels like a century.
I want to see it under $326 consistently before I start believing in ghosts.
I'm calling anything in the range of $331-$333 inconclusive for now.
I wish I hadn't been right about the H&S this March, then I wouldn't be so worried that I have confirmation bias ;)
No. I don't regret it. That was a nice chunk of cash.
Hope this trade works out. Has the potential to be a biggie.
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Gaps got filled.
Inverse market reaction to catalysts continues (poor labor data = equities go up?)
Next week will tell the tale of this thesis.
$337+ means H&S is a trash idea.
Need to see some sub $330' days to make this viable.
Have a good weekend.
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BTC and other crypto just got shorted and tanked down to critical price which could indicate a big drop this week or next. NADAQ has been trading in sympathy with BTC. Not good for this chart if that continues.
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BTC price no longer correlating with NASDAQ. Interesting...
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Not looking good for H&S but I am very curious how the rest of this week plays out.
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