Bingo! Exactly as predicted weeks ago:
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Could decline as low as $40 – 45.5k if bottom of wedge fails.
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My current opinion is the bottom is likely already in.
Still studying it.
Still studying it.
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Watch Game of Trades latest public video. Already bullish divergence on the S&P 500.
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Break out on the VIX sooner than I expected. Rollercoaster to downside and upside starting now.
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Nasdaq / S&P500 ratio has hit a support level. Is this the bottom or more downside?
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This appears to be the capitulation necessary before it can make the final move higher. Look carefully at 2013. See that spike down right before the parabolic move to the second peak?
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Could my original theory from months ago be in play?