used time machine to bring you this
cant say anything more due to the rules of Time Patrol
cant say anything more due to the rules of Time Patrol
Note
Breakdown through 7200 area is bad. Seems we are more bearish than I thought. Looking fo 6800 level now where weekly support pivot is and 0.618 fib level. We might bounce from here already but I dont expect this bounce to be strong. Bear flag will be created most likely. Had this idea earlier but the top wasnt going exactly as planned so I drop it. Wish I stick to it longer

Note
My current view of the possible scenarios. The green Elliot Waves count was my previous count of my earlier bull idea. Now, it is less likely to happen but I can still see it as possibility so I leave it in case it will develop into something similar.
Bear scenario will lead us to 6k level again. Look for the possible flag patern (blue). Might be a sign of bear behind the corner
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.