SPX500 selloff PENDING to 3070 *history repeats itself* MID-LONG
WHEN IN DOUBT, ZOOM OUT!
ON the SHORTSELL we're looking at possibility 1-2 (maybe even 3 ATHs on SPX500 index) to follow suit -- a consolidation in what is/will be a a continuation of this bullish priceaction we've been seeing; the same I've been calling for since the start of Q4 yet we are almost at the apex, the mountaintop is approaching which will *(presumably after the holidays)* lead to further bullish priceaction followed by a selloff treading us down toward the $3070.5 area, a bearish dump which should approach fast & furiously if the pink trendline from DEC '17 is any indication, we're seeing a repetition in priceaction that will ultimately lead to a retracement -- though keeping it on the EMA[8,12,15,20] for you forex swing traders, SPX500 has had an UNDOUBTEDLY FANTASTIC RUN THE PAST 2-3 QUARTERS, FOR ALL OF 2019! yet all good things must come to an end.
Remember this publication is LONG so although the slope between the green TP line & current price seems miniscule, it could actually take a while (pointless to speculate timeframe) but >30D before it reaches that apex leading us to the selloff @ 3070.5
Great thing about stock predictions is that much less volatility == much more predictability == much less
ROI due to lower risk/low reward.
Like riding a bike with training wheels on flat terrain as opposed to riding a mountain bike on gear 10 up everest (forex trading wallst vs forex trading @coinmarketcal)
This could very well be fantastic news for crypto priceaction as (much similar to all other commodities) it parallels precious metals, XAU, etc. as a means of FUD for those looking to liquidate assets in times of speculative uncertainty aka FUD. I'll leave it at that for now. Also,
BNB priceaction looking solid for entry (defer to linked publication below) but I digress.
Peace & Love.
Happy Holidays & New Years-- will follow up with daily publications (as promised) after the Holidays circa Jan 10-12th.
Not financial Advise. Please invest wisely & always set stop-losses.
ON the SHORTSELL we're looking at possibility 1-2 (maybe even 3 ATHs on SPX500 index) to follow suit -- a consolidation in what is/will be a a continuation of this bullish priceaction we've been seeing; the same I've been calling for since the start of Q4 yet we are almost at the apex, the mountaintop is approaching which will *(presumably after the holidays)* lead to further bullish priceaction followed by a selloff treading us down toward the $3070.5 area, a bearish dump which should approach fast & furiously if the pink trendline from DEC '17 is any indication, we're seeing a repetition in priceaction that will ultimately lead to a retracement -- though keeping it on the EMA[8,12,15,20] for you forex swing traders, SPX500 has had an UNDOUBTEDLY FANTASTIC RUN THE PAST 2-3 QUARTERS, FOR ALL OF 2019! yet all good things must come to an end.
Remember this publication is LONG so although the slope between the green TP line & current price seems miniscule, it could actually take a while (pointless to speculate timeframe) but >30D before it reaches that apex leading us to the selloff @ 3070.5
Great thing about stock predictions is that much less volatility == much more predictability == much less
ROI due to lower risk/low reward.Like riding a bike with training wheels on flat terrain as opposed to riding a mountain bike on gear 10 up everest (forex trading wallst vs forex trading @coinmarketcal)
This could very well be fantastic news for crypto priceaction as (much similar to all other commodities) it parallels precious metals, XAU, etc. as a means of FUD for those looking to liquidate assets in times of speculative uncertainty aka FUD. I'll leave it at that for now. Also,
BNB priceaction looking solid for entry (defer to linked publication below) but I digress.Peace & Love.
Happy Holidays & New Years-- will follow up with daily publications (as promised) after the Holidays circa Jan 10-12th.
- Disclaimer
Not financial Advise. Please invest wisely & always set stop-losses.
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