Long all the way through 4000, strength of reversal to uptrend at later in the day was something to behold!
Also technically a "W" shape is a sign of bullish price action
WizdomSeekerr
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@poister198, 100% we seen this plenty of times. I see nothing changed politically or monetary policy. no reason this won't change. Dip buy and hold shall continue to work until changes are done that differ than what is currently being done...... oh and the 2tril relief just passed Senate.
Same ol same rinse and repeat.
richhermanson
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I now 100% agree with your predictions but favor the up side first. My charts show a major move with chop up to 4030 plus area. All before the 11th and then a massive rejection. Downside target is 3540. When you see confirmation or an analysis with similar targets and time stamps its erie. Let's see how this plays out. Nice work.
ProfitHarvest
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@richhermanson, this is a broad compilation of a lot of data points... would love to see your chart and see how it fits in the bigger picture. The ATH path is still pretty muddy here.
WizdomSeekerr
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@ProfitHarvest, Bitcoin broke 50k... market will follow. Expect /ES and /NQ to be up premarket on Sunday. Long it pre before open for an easy win if Bitcoin maintains it's path towards it's ATH
csavage17
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Seems like we go down as value stocks go up then use the whole market to try for a blowoff top. Great chart
Also technically a "W" shape is a sign of bullish price action