As per my previous analysis, you can see how the current Inverse H&S/Ascending Triangle and targets is the MOST F**KING PERFECT set up to form a larger inverse H&S which will take us to 9500. If this occurs we then form a cup and handle on the retrace from 9500 – 8400 which will then take us to 13K.
评论:
Edit: Was meant to write "is the MOST F**KING PERFECT set up to form a larger 'ASCENDING TRIANGLE' which will take us to 9500" :)
评论:
One final note, if this does play out then we end up forming successively larger C&H patterns that will ultimately take us to $33K by End of Jan Approx. This is when I would expect the next bear season to commence.
评论:
All going according to plan. The next question is whether we break through 6800 or retrace back from it one last time. I think we will retrace, however we may not go back down as far as the support line of the ascending triangle. It may only be back to around 6500 before we finally launch up and break through 6800. Regardless, things are looking good.
评论:
All still going according to plan. We are now forming the larger ascending triangle:
