The next 3 weeks should be fun.
We plowed through new highs last week as I anticipated in a bull case last week.
The green levels in this weeks chart are last weeks major daily support / resistance levels from a couple order flow experts on fintwit.
First thing I learned in stocks was that when the Normies (normal people) know, it's time to go.
The 19th* dip trend I've been following since last week has started hitting MSM.
With that in mind, I find myself second guessing the 19th dip prediction this coming September and instead planning the extremes that could occur instead.
1. We could start unwinding OPEX/VIX early as big money tries to get ahead of the normies buying the 19th dip.
2. More explosive events and FUD fill the market and we actually run above the 1.5Y median like we did last end of September.
3. We stay in tight, low volume trading ranges, accumulate at the 1.5y median followed by a spring event, distribution/bull trap and a sell off into VIX / OPEX and Buy the Dip 19th*.
I love this game.
The green levels in this weeks chart are last weeks major daily support / resistance levels from a couple order flow experts on fintwit.
First thing I learned in stocks was that when the Normies (normal people) know, it's time to go.
The 19th* dip trend I've been following since last week has started hitting MSM.
With that in mind, I find myself second guessing the 19th dip prediction this coming September and instead planning the extremes that could occur instead.
1. We could start unwinding OPEX/VIX early as big money tries to get ahead of the normies buying the 19th dip.
2. More explosive events and FUD fill the market and we actually run above the 1.5Y median like we did last end of September.
3. We stay in tight, low volume trading ranges, accumulate at the 1.5y median followed by a spring event, distribution/bull trap and a sell off into VIX / OPEX and Buy the Dip 19th*.
I love this game.
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