sum1

sum1

SHORT THE NETFLIX IN WHEN IT TOUCHES THE RED LINE WITH SOME STOP LOSS ABOVE THE RED LINE. But short deep if fails to break the red line. Probably triangle playing out.

sum1

Just ADDED PARALLEL CHANNEL. IN GREEN IS FROM YEAR 2000 HIGH TO 2017 HIGH THEN TOUCHING THE LOW OF 2009 LOW. In Blue from 1980s low till 2009 low and worked up till year 2000 high for projection. Yes then there is throw over. So there are tow deviations. I wish I can go back to all the way 1800 to draw those lines to be accurate. But what ever data I have...

sum1

Was experimenting to see how does Fib plays out in monthly chart. I went up to 2204 in PSX to draw the line on the right side and left side from up to down. I drew two FIB lines. On left side it's from Low to high (Bottom to top from 1980s till 2017) and on Right side FIB line is from Top to Bottom (High to low from 2017 till 1980s). Just for fun.

sum1

EVEN THOUGH I AM LONG Currently, BUT MY MONTHLY CHART IS SLUGGISH, WEEKLY IS STRONG still but some weakness there. So for some one who lost $100k in 08/09 and has been watching market for about 2 decades; "time to warn". I do my own analysis and manage my own money. Those are the lines and suggestion for key resistance level to see if new bear market comes after...