


CajunXChange
5-0 structure ive mentioned and shown is now invalid. Price is now trading > 61 retrace of 5/15 ath-8/24low, which should sucker bulls into the "data dependent" slaughter. note RSI dates tagged with green vertical lines.
looks like a winner though be careful with spike at 61 and 1.618. Pattern may not play out and just head north at the levels just mentioned
really for shits n giggles. I just dig harmonic clusters, like this gartley and crab completing at 87. Strong support if 90 falters
looking for gartley but 618 retracement has proven itself as tough resistance. Looking for a pullback to test the almighty 1985
Bearish cypher forming up. short at 12082, specifically monitoring price to a complete a bat at 11890
May be the most convincing case for the bears developing imo
notes on chart. butterfly (4hr time frame) completing at 5-0 before possible run up to 2080 for gartley
Even though the index has broken 200sma on weekly, I believe the bulls have the itch and the technical setups on shorter time frames to test prior record highs.
Looking for a healthy retrace to .70 if .7150 resistace holds