Fib retracement levels from the bottom of the covid crash to the top doesn't match 3295.
Fib retracement from the last correction to the top doesn't match.
I don't see any prominent support channel vectors at 3295.
The big red line doesn't seem to land on any interesting historical levels.
RSI is maxed out, and the MACD just crossed bearish while already under... that seems ominous to me!
As discussed in my previous post, the pattern of this correction thus far is striking similar to the start of the Covid Crash.... which has a long way down to go if it repeats.
The Vix is mellowed out again around 21... is this the calm before the storm?
OR.... does everyone have more money in savings to buy Apple and Tesla at a still hyper inflated "bargain" right now?
A major correction is long overdue... and the Fed's recent policies seems to be like a sugar high for the market... keeps it up, until it crashes.
This should be a very exciting week of trading ahead of us!
Good luck!
Fib retracement from the last correction to the top doesn't match.
I don't see any prominent support channel vectors at 3295.
The big red line doesn't seem to land on any interesting historical levels.
RSI is maxed out, and the MACD just crossed bearish while already under... that seems ominous to me!
As discussed in my previous post, the pattern of this correction thus far is striking similar to the start of the Covid Crash.... which has a long way down to go if it repeats.
The Vix is mellowed out again around 21... is this the calm before the storm?
OR.... does everyone have more money in savings to buy Apple and Tesla at a still hyper inflated "bargain" right now?
A major correction is long overdue... and the Fed's recent policies seems to be like a sugar high for the market... keeps it up, until it crashes.
This should be a very exciting week of trading ahead of us!
Good luck!
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免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。