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$IDEX
Fib resistance @ 1.465-1.47 just hasn't wanted to break all day, but has been tested multiple times through the day. Even if it doesn't break, still a good day.
Could get interesting if close is $1.47 but again, signs of a good week for sure.
Fib resistance @ 1.465-1.47 just hasn't wanted to break all day, but has been tested multiple times through the day. Even if it doesn't break, still a good day.
Could get interesting if close is $1.47 but again, signs of a good week for sure.
If $1.47 holds through AH and PM I'll be considering going all in here.
Kicking myself for not grabbing more shares @ 1.30 this morning in PM, but didn't want to be hasty.
Bull flag has been forming for the past few hours now.
IMO, if it doesn't break 1.47, it can fall back down to 1.37-1.41 which actually wouldn't be too awful
Bull flag has been forming for the past few hours now.
IMO, if it doesn't break 1.47, it can fall back down to 1.37-1.41 which actually wouldn't be too awful
Retracing back down to 1.37-1.41 not only continues the bull flag trend, but allows for lower averaging down.
Though @ 1.546 avg I'm not too concerned, bring mine down to 1.51 @ lowest.
Also, just take a look at that 5D chart.
Though @ 1.546 avg I'm not too concerned, bring mine down to 1.51 @ lowest.
Also, just take a look at that 5D chart.
Despite the fact $IDEX been barcoding for a while now, looking @ 5D chart shows new lows & new highs being established.
190% increase in call options for August too, obv ER coming up then too.
Furthermore, there's a gap from 1.89-1.95. Wanna know why that's so interesting?
190% increase in call options for August too, obv ER coming up then too.
Furthermore, there's a gap from 1.89-1.95. Wanna know why that's so interesting?
Not 1, not 2, but FOUR fib retracements & extensions fall within that gap.
1 @ 1.91 (38.2%)
2 @ 1.90 (61.8%)
3 @ 1.897/1.90 (38.2%)
4 @ 1.92 (161.8%)
So we not only have a gap from July 1 that has yet to be filled, but multiple Fibs intersecting it, combined with..
1 @ 1.91 (38.2%)
2 @ 1.90 (61.8%)
3 @ 1.897/1.90 (38.2%)
4 @ 1.92 (161.8%)
So we not only have a gap from July 1 that has yet to be filled, but multiple Fibs intersecting it, combined with..
A bullflag & pennant formation and a very clear uptrend.
Not only this, as of today, various analysts have changed their short term forecasts from bearish to bullish.
And I haven't even addressed any hype, news, or anything. This is all just chart analysis! That's it!
$IDEX
Not only this, as of today, various analysts have changed their short term forecasts from bearish to bullish.
And I haven't even addressed any hype, news, or anything. This is all just chart analysis! That's it!
$IDEX
Before digging into speculation, I'd like to point out other fibs I've noticed. In fact, I'm going to stop ranting for a minute and screepcap the myriad of fibonaccis I'm talking about here for better context.
There. Just realized this is great to post too for transparancy purposes, shows I've been truthful with my previous tweets on my position. Avg @ 1.546, but we're here for intersecting fibonaccis.
You can see the 1.47 resistance that has been tested all day, 3 fibs. Not random #
You can see the 1.47 resistance that has been tested all day, 3 fibs. Not random #
Next up, we have multiple fibs between 1.64 & 1.67, bulk of them @ 1.65 likely our next resistance.
After that, there are some randoms @ 1.75-1.79 but not enough to be conclusive IMO. Which I'm all for, why?
Next multiple intersecting fibs is that gap I pointed out earlier!
After that, there are some randoms @ 1.75-1.79 but not enough to be conclusive IMO. Which I'm all for, why?
Next multiple intersecting fibs is that gap I pointed out earlier!
So, going purely off fibs+charts. Looks like 1.47, then 1.65 need to break. But once 1.65 breaks? Oh boy. Next stop after 1.65 is the gap @ 1.90!
That is a HUGE deal, and that is where hype/ER/FOMO/confidence/etc will kick $IDEX into high gear in very short order.
That is a HUGE deal, and that is where hype/ER/FOMO/confidence/etc will kick $IDEX into high gear in very short order.
Thing you guys gotta consider, emotions definitely are a factor in speculation. Ideally, we aren't emotional in our trades, but that doesn't mean OTHERS won't be emotional.
$IDEX is like a nasty breakup. People broke up with $IDEX because of rumors she was cheating.
$IDEX is like a nasty breakup. People broke up with $IDEX because of rumors she was cheating.
So, ppl break up w/ $IDEX. But like any nasty breakup, it doesn't stop there. No, people are stalking $IDEX social media to keep tabs on her. See how the "adulterous" has been doing, proving they made the right decision to break up w/ $IDEX and laugh at her misfortune.
Problem is, $IDEX was never cheating. Not only that, its too late to apologize because $IDEX got together with Chad.
They'll start off slow.
"Hey $IDEX, how you been? I miss us"
"(msg read)"
Then it escalates, to the point where they panic and do anything to get $IDEX back.
They'll start off slow.
"Hey $IDEX, how you been? I miss us"
"(msg read)"
Then it escalates, to the point where they panic and do anything to get $IDEX back.
Once a new level of support is established/gap fills @ 1.90, it'll hit $2+ in a literal blink of an eye.
All those people that dumped the scam $IDEX? They are going to FLOCK to this. Many will def be in denial at first, waiting until it breaks the 2.30 resistance that couldn't
All those people that dumped the scam $IDEX? They are going to FLOCK to this. Many will def be in denial at first, waiting until it breaks the 2.30 resistance that couldn't
be broken @ the end of Jun. Notice the 2.29 fib on my pic btw? ;)
Then, if 2.29 becomes supp $IDEX is going to go nuts before 8/11 ER.
TBH, I can't really speculate past that in terms of a PT without another week or so of chart data+fibs.
What I can say though?
Then, if 2.29 becomes supp $IDEX is going to go nuts before 8/11 ER.
TBH, I can't really speculate past that in terms of a PT without another week or so of chart data+fibs.
What I can say though?
$IDEX is going to go bonkers. How many people have dumped $IDEX in the last few weeks? How many people have you personally seen trashing $IDEX?
Guarantee those same people get in again, and will be bagholders all over again because they won't "buy the hype, sell the news"
Guarantee those same people get in again, and will be bagholders all over again because they won't "buy the hype, sell the news"
No, they'll miss the hype and panic buy the news.
I just want to reiterate though; buy the hype, sell the news.
One more time; BUY THE HYPE, SELL THE NEWS!
I'll be playing $IDEX long until 2021 at least. But I will be selling the news. Why?
Law of Market Equilibrium.
I just want to reiterate though; buy the hype, sell the news.
One more time; BUY THE HYPE, SELL THE NEWS!
I'll be playing $IDEX long until 2021 at least. But I will be selling the news. Why?
Law of Market Equilibrium.
$IDEX will definitely be worth more than it is now after 8/11 ER.
But as in the past, hype will drastically inflate the price.
Say for example, hype inflates $IDEX to $5/share.
But market says $IDEX is only worth $3.5/share.
The newly inflated price HAS to be corrected!!
But as in the past, hype will drastically inflate the price.
Say for example, hype inflates $IDEX to $5/share.
But market says $IDEX is only worth $3.5/share.
The newly inflated price HAS to be corrected!!
Do NOT get greedy and get out when the price has inflated, NOT after it starts correcting!
Once the price eventually stabilizes to its TRUE market worth, then I will be buying in again and pretty much ignoring it until November when we'll see Q3 ER + CAT/GE mining conference.
Once the price eventually stabilizes to its TRUE market worth, then I will be buying in again and pretty much ignoring it until November when we'll see Q3 ER + CAT/GE mining conference.
Those of you that read this far, thanks for your time.
As you can tell, I've obsessed over $IDEX chart/trends.
All of the above is why I've been bullish this entire time. My avg was 1.89 before avg down to 1.546
I didn't sell @ 1.28, nor 1.16. That's how I avg down ;)
As you can tell, I've obsessed over $IDEX chart/trends.
All of the above is why I've been bullish this entire time. My avg was 1.89 before avg down to 1.546
I didn't sell @ 1.28, nor 1.16. That's how I avg down ;)
Take advantage of AH/PM and avg down, or get in if you aren't already. Do not FOMO this.
Happy trading, and thanks for stopping by.
Happy trading, and thanks for stopping by.
