The Big Short is Near - Once in a lifetime trade coming soon!
Monthly Divergence (White Trend Line)
Daily Divergence (Black Trend Line)
Daily Wedge Pattern
Fresh ATH
No more positive news in this market - Once stimulus bill receives approval, market will move up towards 31,000-31,500 and will proceed to fall.
No more vaccine news can save this market other than a 100% success rate which is close to impossible.
28,000 - 25,750 is the target
I am not a Doomsday predictor, I believe this is a healthy contraction that the market needs.
The name of the game is buy low and sell high.
Best of luck to whoever participates, trade at your own risk.
Daily Divergence (Black Trend Line)
Daily Wedge Pattern
Fresh ATH
No more positive news in this market - Once stimulus bill receives approval, market will move up towards 31,000-31,500 and will proceed to fall.
No more vaccine news can save this market other than a 100% success rate which is close to impossible.
28,000 - 25,750 is the target
I am not a Doomsday predictor, I believe this is a healthy contraction that the market needs.
The name of the game is buy low and sell high.
Best of luck to whoever participates, trade at your own risk.