101 fib's time. Shall follow this for updates . I might be reading this in the wrong way if any one can enlighten us would be great.
The only noticeable thing to observe is that during down trend we got false signals, up trend is all good (which we have today !!!!! ) if we cross !!!
400 billion is roughly 20% of stimulus will go directly to people's pockets. One study found out the 37% of that money will go directly to stocks. That's just from Individuals, let alone the rest 1.5 trillion ????????????????????
If you like it of hate let me now so i do/don't again.
Nothing to say, the chart speaks for it self.
s. We might need to go down if & only if we stay below the line. We are kind of setting on top of it right now. With stimulus on the doors !!! No catalyst so far.
The following are John's ten most important rules of technical trading: Map the Trends Spot the Trend and Go With It Find the Low and High of It Know How Far to Backtrack Draw the Line Follow That Average Learn the Turns Know the Warning Signs Trend or Not a Trend? Know the Confirming Signs
Possible invalidation coming soon.
We now the length of the 1es, projection of 3ed is on !!!
I am so sweaty right now, B is triangle, then C should be .61 Fibs of A 3909
Hope our forecast is accurate, NOT like the weather man ;-)
Very risky to analyze on 15 minute chart !!!
Two counts out there, both could be invalidated at any time. Daily & 4 hours and hourly nothing to count just one big bull's straight move.
May God have mercy on me, and all others who were buying puts/shorting SPX.
101 Channel's analysis.
What Is a Short Squeeze? A short squeeze occurs when a stock or other asset jumps sharply higher, forcing traders who had bet that its price would fall, to buy it in order to forestall even greater losses. Their scramble to buy only adds to the upward pressure on the stock's price KEY TAKEAWAYS *A short squeeze accelerates a stock's price rise as short-sellers...