Sometimes the chart tells the story rather than the economics or fundamentals. It is extremely rare that we see such a setup on such a huge time frame chart. So rare that it is almost impossible for one to even think about shorting it because it appears impossible.
That being said, This is a high-probability setup nonetheless. It is just massive in size. I would have no problem showing this on a 37-day, 30-minute time frame chart without the name. As such I posted it with great confidence as an excellent risk-reward setup.
That being said, This is a high-probability setup nonetheless. It is just massive in size. I would have no problem showing this on a 37-day, 30-minute time frame chart without the name. As such I posted it with great confidence as an excellent risk-reward setup.
تعليق:
MSFT doing nothing as expected.
تعليق:
Nothing has changed. Still waiting for the wave up to crack.
تعليق:
Aaaaannnnndddd!!!! Right back down.
Getting closer to the crack move lower
Getting closer to the crack move lower
تعليق:
As mentioned back on July 19th "nothing had changed"
Still no crack but getting closer.
Still no crack but getting closer.
تعليق:
Huge topping tail on a weekly chart
تعليق:
MSFT has crossed the line but has not cracked yet. Remember a crossing of the line means little. Making a new lower low will go a long way toward cracking.
More importantly, the topping tail we saw back on July 24th is holding very well.
More importantly, the topping tail we saw back on July 24th is holding very well.
تعليق:
Ont he verge of making a lower low. So far so good!
تعليق:
MAGIC!
تعليق:
No one saw this coming back on June 28th when I posted this setup. Now they do.
MAGIC! ;)
MAGIC! ;)
تعليق:
Wink!
تعليق:
CRACK!
تعليق:
Pushing lower nicely as expected.
تعليق:
I am able to repeat success because I do not guess.
تعليق:
Here is the bigger picture chart
Real Macro Economic Investing
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