South Africa has since detected B.1.1.529 (Omicron Variant) in specimens collected on November 8, 2021 - CDC
Funny how we tagged the 1.618 fib on the same day the Omicron Variant was discovered.
- Weekly Bearish Divergence playing out
- The pump to 243 resembles a UT or UTAD of a Wycoff Distribution pattern
- Target: 137
Funny how we tagged the 1.618 fib on the same day the Omicron Variant was discovered.
- Weekly Bearish Divergence playing out
- The pump to 243 resembles a UT or UTAD of a Wycoff Distribution pattern
- Target: 137
Note
Short term analysis: I'm actually quite bullish. IWM seems to have bottomed at the 1 Fib level at 194 with Bullish Divergence on the Daily Timeframe. Range VPOC from the beginning of 2021intersects with the .618 at 222. I believe that will be LPSY before the mega collapse
Note
TLDR: I expect a pump to 222 before a crash to 137Note
Double Daily Bullish Divergence, here comes the pump back to 200+
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.