From what I understand, the market is geometrically predictable. It will form patterns to induce buyers/sellers to enter the market and purposefully creates entry triggers for liquidity to generate at market highs or lows. Once the order flow is built, it sharply moves, as supply and demand reflect price. This is why Support & Resistance are foundational to all forms of technical analysis. There is more beyond just drawings and historical data. The economic and geopolitical impacts are a leading factor that influences large institutions to consider equity re-allocation.
The 1.7 Trillion Omnibus Spending Bill will create uncertain tensions between the Fed and our faltering Dollar. As the money printers kick into high gear, so too will the market. There will be a flush, a crash, before the market administers the insiders play. The insiders #1 goal is to remain at a net long and net short profitable hedge, as they exit shorts for massive profits, tricking the average investor to trap themselves at market lows; all the while, they are buying. While the SEC, and the FED aren't on the same page; the Senate is obviously out of touch with monetary policy and its repercussions.
Overall, I believe these fundamental factors may materialize in the charts. Watch for the bulls patiently, they are waiting for the right catalyst to join in. oh, and guess what? The large institutions balance sheets have increased because of the profitable down pour. Consequently, as they flip net positions, we will see bullish rally's and eventually the market will turn. Wait for the catalyist and rely on your strategy.
P.S. Look at the Quarterly Chart Time-Frame! There is a 3 month Order Block/ Sponsor Candle. Anticipate...
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