So far we got it right, my previous plot was very accurate and nicely predicted major trends.
On 7th June we got false outbreak from the major downward trendline that scared me a bit but finally price moved down as predicted.
In my perception trend will continue as described on the plot, check oscillators at the bottom of the plot.
There are still elections is Germany ahead of us, it will be interesting time.
If anyone is expecting major stock market crash then it should happen end of 2017 or beginning of 2018.
Please check my previous analysis:
On 7th June we got false outbreak from the major downward trendline that scared me a bit but finally price moved down as predicted.
In my perception trend will continue as described on the plot, check oscillators at the bottom of the plot.
There are still elections is Germany ahead of us, it will be interesting time.
If anyone is expecting major stock market crash then it should happen end of 2017 or beginning of 2018.
Please check my previous analysis:
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2 Billion Dollar Fat Finger Crashes Goldzerohedge.com/news/2017-06-26/gold-crashes-someone-dumps-2-billion-fat-finger-blamed
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Note
Timing may be a bit skewed.As we are in J -> A it seems line should be a bit more horizontal.
Except of that my plot is still active.
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Note
Closed all shorts
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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.