Something tells me that tomorrow, March 18th, markets are going to experience a major fall. There are lots of reasons to believe that:
-Retest of the broken bullish channel at 34,5k, a structure that has been shaping over the last year. 34,5k was a key level.
-Perfect bearish buttefly
-ABCD bearish pattern.
-Fundamentals do not help either with inflation skyrocketing and war making it worse.
And if you think all those reasons were not enough, tomorrow is Quadruple witching DAY. So we've got all the ingridients for a massive perfect storm.
Target: 29k in a matter of days.
-Retest of the broken bullish channel at 34,5k, a structure that has been shaping over the last year. 34,5k was a key level.
-Perfect bearish buttefly
-ABCD bearish pattern.
-Fundamentals do not help either with inflation skyrocketing and war making it worse.
And if you think all those reasons were not enough, tomorrow is Quadruple witching DAY. So we've got all the ingridients for a massive perfect storm.
Target: 29k in a matter of days.