


Gann predicted panic in 2020 and low stock prices in 2021. Looking for confluence :)
looks like the correction is over
I see a leading diagonal, 4th wave overlaped 1 just a bit and pivotted at 50% retracement. For this to play out 5th wave needs to go aboce 3.63. I recon it will get to the golden zone.
my target for this dead bat bounce that made new highs and will continue going higher is 10.6k :)
1. 0.5 from the peak (we have seen reaction at .382) 2. 1.618 relationship between wave 5 and 1 in the C 3. 1 to 1 of minor wave 5 and minor wave 1 in the 5th of that C 4. all the above three on top of each other 5. Divergence in RSI
1. Golden zone holds 2. Channel's lower boundary holds 3. 100 day MA holds 4. 100MA and 200MA golden cross 5. Golden zone broke on the other side
I drew this waves on the 6th of December. It is playing out exactly as planned so far.