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ACB: a buck up, then a bucket down?
Do we see a long term upside? YES! Do we see a short term upside?
Looking at the past year, with those two huge mountain tops, I think we would be wise to be VERY careful...
Last three months are three giant green candles. March's candle is green with an epic wick on top. TA is never wrong. Maybe we'll see an indecision candle for the first week of April, but the month is guaranteed to be big and red. At best, we'll see a buck up, then a bucket down.
Looking at the past year, with those two huge mountain tops, I think we would be wise to be VERY careful...
Last three months are three giant green candles. March's candle is green with an epic wick on top. TA is never wrong. Maybe we'll see an indecision candle for the first week of April, but the month is guaranteed to be big and red. At best, we'll see a buck up, then a bucket down.
Nota
Keep in mind also, that SPY seems deceivingly bullish. That parabolic curve is about to flatten out. Buyers beware!Nota
PS. There are some very familiar levels in this FIB range...
🅱🄰🆁🅺🆆🄾🆁🆃🅷
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🅱🄰🆁🅺🆆🄾🆁🆃🅷
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.