I correctly called the Double Top...
way back when EVERYONE else still thought it was a rising channel
Today...
I want to point out a TA pattern .. that again... NO ONE IS TALKING ABOUT...
We seem to be in a falling wedge!
And in Bull markets, these patterns break out... UPWARD!
I am NOT saying this is a for sure thing...
... but so many institutions are investing
and bulls have been stubborn...
For said reasons...
I could easily see a bounce off upper 16k..
Providing NO ONE panic-sells (otherwise we fall to 14k)
We would run back up for a classic Head and Shoulders
then....
we fall like a rock off a cliff.. LOL
to complete the H/S pattern
where to?
maybe 13k?
way back when EVERYONE else still thought it was a rising channel
Today...
I want to point out a TA pattern .. that again... NO ONE IS TALKING ABOUT...
We seem to be in a falling wedge!
And in Bull markets, these patterns break out... UPWARD!
I am NOT saying this is a for sure thing...
... but so many institutions are investing
and bulls have been stubborn...
For said reasons...
I could easily see a bounce off upper 16k..
Providing NO ONE panic-sells (otherwise we fall to 14k)
We would run back up for a classic Head and Shoulders
then....
we fall like a rock off a cliff.. LOL
to complete the H/S pattern
where to?
maybe 13k?