19 bars to the end of the circle and a possible drop of 2.90%
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Since 2016 the biggest drop was 6.14% around June that year. Then 5.05%, 3.30% and 2.90% as it is shown. We are at a pivotal point now with only 19 bars to the end of the time circle. Assuming we have the smallest drop (2.90%) the target will be 2616 and if it drops by 6.14% the target will be 2529. I am waiting for a good signal to go short.
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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.