NASDAQ 35,000! But not yet, 1st bounce to 100DMA around election
Got some lines and what not there, all tasty stuff right.
Checking around various time frames, got various gaps to retest and fill and what not.
Got the overbearing original trend from last 10 years or so in heavy green dashed channel.
That overbearing big trend, which we broke out of, conveniently going to line up with the 100DMA, along with a support line from some previous gaps to be filled, indicated by that triangle there, should happen around election time, CONVENIENTLY naturally lol.
First we gotta play out the mini downtrend which we're in now, find support (gap line), and check out ~50% retracement of previous mini bull trend, conveniently at a gap line also, as indicated by the text on the chart there.
Then probably test that overbearing big 10 year trend in thick dashed green into the rectangle zone, gotta bounce around a bit (as things play out will have more indication of what this will look like), and then retest the big 10 year trend again into our rectangle on the big trend/gap/100DMA convenient as always.
Then we'll be pushing for our next leg up for newer highs before some retracement.
And then on to NASDAQ 35,000! ;-)
#NASDAQ35000Hat
Checking around various time frames, got various gaps to retest and fill and what not.
Got the overbearing original trend from last 10 years or so in heavy green dashed channel.
That overbearing big trend, which we broke out of, conveniently going to line up with the 100DMA, along with a support line from some previous gaps to be filled, indicated by that triangle there, should happen around election time, CONVENIENTLY naturally lol.
First we gotta play out the mini downtrend which we're in now, find support (gap line), and check out ~50% retracement of previous mini bull trend, conveniently at a gap line also, as indicated by the text on the chart there.
Then probably test that overbearing big 10 year trend in thick dashed green into the rectangle zone, gotta bounce around a bit (as things play out will have more indication of what this will look like), and then retest the big 10 year trend again into our rectangle on the big trend/gap/100DMA convenient as always.
Then we'll be pushing for our next leg up for newer highs before some retracement.
And then on to NASDAQ 35,000! ;-)
#NASDAQ35000Hat
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