243k, 0.5 reversal tech
Left chart illustrates each cycle adjusted for their July reversals - looks like we're on track
Right chart illustrates the 0.5 fib reversal that each cycle seems to touch & go. Placing the 0.5 fib gives us a 1.0 fib as a target. With the 0.5 fib at 27.7k, this predetermines the top at 243k.
See related ideas '259k bullmarket top & how' for a little deeper explanation on why I think the 0.5 fib should be placed at 27.7k.
Right chart illustrates the 0.5 fib reversal that each cycle seems to touch & go. Placing the 0.5 fib gives us a 1.0 fib as a target. With the 0.5 fib at 27.7k, this predetermines the top at 243k.
See related ideas '259k bullmarket top & how' for a little deeper explanation on why I think the 0.5 fib should be placed at 27.7k.
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Synchronized social media outages - wouldn't be in any leveraged positions right now if the outages stretch beyond social media.
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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.