The most important chat of today! Crucial moment for the S&P500; at the end of the wedge and quite overextended and overbought. With a lot of year reports coming this week after a weak year; I expect a major pullback for accumulation and a continuation the upside when support is found. Lets keep an eye out for both scenarios, hence the 15 min chart but from what I see; I see a peak formation and possible head and shoulders + I expected the market to correct today given it reached my target of 4191; which is my measurement price target after the corona dump.
IMPORTANT: this is not financial advice, trade or invest at your own risk and research.
IMPORTANT: this is not financial advice, trade or invest at your own risk and research.
Note
FYI: for all people new to and only interesting in crypto: this chart is important for your crypto portfolio... dont think because youre in crypto; you are immune to fluctuations in the stock market. Just check March 2020...Important update on Twitter on 10x Club, a weekly newsletter curated by me containing research & analytics on the crypto market & the amazing opportunities during the bear market - Check my Twitter or website link below:
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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.
Important update on Twitter on 10x Club, a weekly newsletter curated by me containing research & analytics on the crypto market & the amazing opportunities during the bear market - Check my Twitter or website link below:
Related publications
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.