We are seeing the end of a major cycle from post pandemic lows, been over a year since the bull trend, could be seeing the peak nearing a top with fib levels at price levels on chart, psychology tells us, we are nearing the sell off, alot of big hands taking money off the table and retail still pouring into the market, we all know how that goes, manipulation at its finest and the way inflation is going, it is not looking good at least for this part of the economic cycle. Feel free to like and subscribe ..
Trade active
Risk free looks like we have 5 waves near completion from the 15,000 high indication of 2 options. Wave A or wave 1 of A indicating huge sell off imminent.Trade active
Running 500 points from entry
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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.