More educated guessing. Though is has been a lot more accurate lately...
$4700
$4400
$4100 ($3600-3900 for you knife catchers and if I'm totally wrong)
MOON
$4700
$4400
$4100 ($3600-3900 for you knife catchers and if I'm totally wrong)
Note
So far so goodNote
this is technically where the market falls . i mean, if you recognize that its a bunch of fractals mapped to sin activity of varying size depending on the market cap and magnitude..... but yeah. this is t e c h i c a l l y where.Note
but then again, depends on which model is dominant. in an unabashed bull market, this is where there would be a bullish continuation. look at 17-22 July, 2018. Same part of the market structure, but NOT the same part of the big market cycle, and that is why it's different right now. this is a major major bottom, and if you study these bottoms - any real bottom that is a reversal, really - over time, you will see that touches down one last time. in fact, 25 November '18 - 8 February '19 is an accurate model for where we are, which is equivalent to the 5-9 jan range. Have a look at the Wyckoff inspired "Anatomy of a Trading Range". This is it.
Note
Here comes the gloryDisclaimer
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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.