My attempt at using Clone Levels on GT. There is a bearish Butterfly as well 2 bearish AB=CD patterns completing at the top of the range which may be a nice opportunity to short (and especially if SPX is to have a pullback as many on here seem to think). Weekly RSI is almost overbought as well.
The targets of this pattern as well as the larger clone levels will be areas of interest for me to then long.
I also want to sincerely thank @GcNaif for all of his help in educating us on Clone Levels (although he has no clue about this idea so I am not trying to say he endorses it -- I just appreciate his posts regarding it). I hope my understanding of them is accurate!
The targets of this pattern as well as the larger clone levels will be areas of interest for me to then long.
I also want to sincerely thank @GcNaif for all of his help in educating us on Clone Levels (although he has no clue about this idea so I am not trying to say he endorses it -- I just appreciate his posts regarding it). I hope my understanding of them is accurate!