Look I know it& #39;s hard to imagine right now but I still think this will happen and there will be a lot of fear when August is closing. Looking at the blueprint from last May:
-7% , 4% bounce, -8%
Scaling with current volatility roughly:
-10% , 5% bounce, -10%
$NDX $QQQ $NQ https://twitter.com/SoccerMomTrades/status/1289689487241486336">https://twitter.com/SoccerMom...
-7% , 4% bounce, -8%
Scaling with current volatility roughly:
-10% , 5% bounce, -10%
$NDX $QQQ $NQ https://twitter.com/SoccerMomTrades/status/1289689487241486336">https://twitter.com/SoccerMom...
A running theme in this market is both sellers and buyers stepping in very late into weekly / monthly candle to spoil the party. Weekly has a higher high on divergence and there is a line connecting them that traps buyers. Sellers getting a close under 1 std dev line would be
https://abs.twimg.com/emoji/v2/... draggable="false" alt="👌" title="Ok hand" aria-label="Emoji: Ok hand">