SUMMARY - This is part 3 to #007. We should hit 1815 before going to 1700. This part I'm confident about, which ever way December will play.
DETAILS? - This needs to happen before possible December explosion if there is going to be one. I can't say that this is the "big favorite". I CAN say that my technical work has improved another step once again. And from that position I can say that this is a favorite but less than 50%. What does that mean? It means that if I have to choose a path, I would choose this one. But even as of right now, it's only "45% VS. ALL OTHER SCENARIOS", while bearish outcome is still 30-35%. Meanwhile, if it plays out like this curve but even at1% lower (i.e. if price follow highlight pattern but -20 pts all the way), bull outcome would be a meaning underdog. In any situation, odds of "one more low" from 1695-1715 is high, from 11/22-12/01. See #007-1 & -2 for more details. Links here:
Nota
To be clear, where I wrote "the big favorite" above, I am talking about the December move. Everything before December should be a solid forecast.
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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.