The blue step is a bit of a stretch but not impossible. Today, my confidence for this target is at 60%. This will change over time. I'll try to provide updates when we move lower.
Good luck.
Ordem cancelada
Do not follow this idea! It's incorrect.
I've provided the new analysis here:
Trade ativo
Going back to this idea. I don't know what happened and why I changed my mind last minute before this move. Need to do some soul searching :)
Anyway I expect this to rip down to 262 shortly.
We will not revisit the top anytime soon. Few years. Markets will go lower I believe.
Nota
Playing out as expected. I wouldn't go long on the market just yet. Fear still a mindset and I expect more selling and one more bounce of the resistance. Possibly gap downs on open and rally up.
Some nice bounces coming soon during earnings.
Nota
Target hit. We are in for a bounce until January.
Nota
Nota
Hitting the targets as defined. Click play on the main chart.
Nota
Bouncing a bit but should hit target.
Trade fechado manualmente
Closing this trade. I think we're at bottom and will be bouncing here shortly. Forget about the previous target for now. Might not happen for months.
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