thecardiak

A game of head and shoulders... Double top takes the throne

FRED:SP500   S&P 500
The first head and shoulder hit exactly at its text book target before rebounding

The now formed INVERSE head and shoulder target would be 4,600 and give the market a chance to form a double top , scoop up all the liquidity from retail jumping back in and then take us down to depths that so far only the most degenerate bears even speak about

BTC should likely peak at around 29-33k during this rally before it begins a much harsher drop back to early 2020 price ranges

Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.