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The DJI has finished a complete three drive on the monthly tf while finishing the three drive of the monthly 4A-5D drive.
The Bears were injected into the market on May '11 and have been building since then. $25,000 Phys number is being used as resistance for that price can manage to break above but it cannot close with a retest and a break higher for HH, to tag along with the resistance level at $25,000 an HNS pattern is forming which is a great reversal pattern in the markets. Price is sitting high above the 200-MA during the '08 crash the highs of the year was 45% away from the 200-MA The current highs at $26,961 sit 50% away from the 200-MA. Current MacD
shows divergence with LH on the MacD and HH on the charts which shows sign of Counter trend and or Trend Reversal in which I am more in favor of espically with the HNS patter that is sitting at a Phys number resistance level.
Personal Note: This can either be the end of the
DJI and start of BTC and or DJI can have a major reset down to $2,737 and lower and make a new fresh HL that will lead to the DJI back up to $25,000 and Higher
Decades until that will happen
The DJI has finished a complete three drive on the monthly tf while finishing the three drive of the monthly 4A-5D drive.
The Bears were injected into the market on May '11 and have been building since then. $25,000 Phys number is being used as resistance for that price can manage to break above but it cannot close with a retest and a break higher for HH, to tag along with the resistance level at $25,000 an HNS pattern is forming which is a great reversal pattern in the markets. Price is sitting high above the 200-MA during the '08 crash the highs of the year was 45% away from the 200-MA The current highs at $26,961 sit 50% away from the 200-MA. Current MacD
shows divergence with LH on the MacD and HH on the charts which shows sign of Counter trend and or Trend Reversal in which I am more in favor of espically with the HNS patter that is sitting at a Phys number resistance level.
Personal Note: This can either be the end of the
DJI and start of BTC and or DJI can have a major reset down to $2,737 and lower and make a new fresh HL that will lead to the DJI back up to $25,000 and Higher
Decades until that will happen
Pernyataan Penyangkalan
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Pernyataan Penyangkalan
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.