Target 42,153 REACHED since 11 June 2025.
It actually was a classic text book analysis with a W Formation followed by a Falling Wedge.
I've always believed in keeping in simple. ANd when you find something simple ONLY improve tweak and adjust that strategy to make life easier, more understandable and profitable.
Hence been using the same strategy since 2003.
So now that the target has reached 42,153 - we can actually expect further upside followed by a consolidation pattern which will prepare for the next move.
Will it be up or down? We'll have to find out.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
It actually was a classic text book analysis with a W Formation followed by a Falling Wedge.
I've always believed in keeping in simple. ANd when you find something simple ONLY improve tweak and adjust that strategy to make life easier, more understandable and profitable.
Hence been using the same strategy since 2003.
So now that the target has reached 42,153 - we can actually expect further upside followed by a consolidation pattern which will prepare for the next move.
Will it be up or down? We'll have to find out.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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.