Copying the price action that followed the 2019 setup into 2020 suggests a $395 price target and a February crash. This is all very hypothetical. This prediction supports my $395 price target which was predicted using Fibonacci extension and another pattern repetition idea which looked at the repetition of the "W" pattern in 2020. The moving averages used for the crossover are the 3ema and 12sma.
@Skipper86 you are forecasting that buddy, why are you projecting another contraction in springtime 2021?
Skipper86
⋅
@irisrose, I never said "corona virus 2". I didn't forecast anything. If you read the description, you'll see that this idea is "very hypothetical."
Are you suggesting that only another virus can cause a sharp selloff?
cheungcs
⋅
It looks more like Nasdaq when it finally top in March of 20000
alexnader22
⋅
Nice
BDRTrigger33
⋅
I think this happens far sooner than Feb; but it's just my own guesswork.
lol