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Friday, October 2, 2020

Tech Wave C down | H&S 4hr+ | Similar structs BTC+crypto

Tech Wave C down | H&S 4hr+ | Similar structs BTC+crypto

NASDAQ 100 TVC:NDX

Using AAPL as ref -- don't see a daily close above $115 -- no new highs -- short-term-traders will close position to determine bottom of downtrend channel . Currently through wave C minor -- downward continuation confirms larger (major) wave cycle retrace.

Get liquid and buy back at a wicked discount. Looking at 0.5 fib to test.
Dabbing H&S - 240m & above - BTC , ETH, DJI, SPX , GOOGL , AAPL , NDX

"Market reaction to POTUS having COVID" is a load of __. This was going to happen. You can't redline into the price ceiling. HypervaluedAF. Fed buying up corp debt since March despite pandemic is a crutch 'bout to break.



from Trading Ideas https://ift.tt/34lqzXv
via gqrds

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