A break below 1800 can trigger a selloff to 1400s by end of August.
Signs of distribution since the 2023 high. Last selloff to 1600 was a sign of strength, this will be the real deal - likely start of C wave down to new lows.
ความคิดเห็น
Rejection at the 1834 sets up nicely for a breakdown here to kick this off. Could get bloody.
ความคิดเห็น
Initial target is 1726. Then 1400s. I should note that the move down to 1400s will be the first subwave of a larger C wave that will take this to 570-880 by end of 2023.
This first leg down will confirm the B-wave has completed.
ความคิดเห็น
I wasn't lying. This is the beginning of the end.
ความคิดเห็น
1426 initial target looking very likely in the coming days.
ความคิดเห็น
Next leg down will begin this week
ความคิดเห็น
Next target range is 1380-1520 by 9/19/2023
If that hits the selling pressure can take it to my next target range of 1170-1350 by 9/29/2023