Momentum has reversed to SELL.
EMA's are now in Steep Negative Slope.
Lows for Day's 7/9 and 8/9 confirm the
loss of Momentum.
Larger TF's - 4Hr and Daily will provide
important Supports @ 8, 15, 21
34 & 55 EMAs will provide indications to
the trend in the upcoming Commentaries.
____________________________________
At present, the 8 Fib Sequence in the Daily
confirmed the High.
The reversal should be of concern to BUY SIDE
as the Velocity, Scope, Scale are of concern.
____________________________________
Macro Fundamentals are Negative, considerably
so - these continue to Compound.
We will have the First Overhead Gap in the new
FIB Sequence should Globax Session to recapture
the Prior Close - Green Dotted Level in Chart
____________________________________
Best to You and Yours - HK
EMA's are now in Steep Negative Slope.
Lows for Day's 7/9 and 8/9 confirm the
loss of Momentum.
Larger TF's - 4Hr and Daily will provide
important Supports @ 8, 15, 21
34 & 55 EMAs will provide indications to
the trend in the upcoming Commentaries.
____________________________________
At present, the 8 Fib Sequence in the Daily
confirmed the High.
The reversal should be of concern to BUY SIDE
as the Velocity, Scope, Scale are of concern.
____________________________________
Macro Fundamentals are Negative, considerably
so - these continue to Compound.
We will have the First Overhead Gap in the new
FIB Sequence should Globax Session to recapture
the Prior Close - Green Dotted Level in Chart
____________________________________
Best to You and Yours - HK
Note
Our Indicted Lower Price Objective @ 16046 remains Valid\and now extends to 15965 - 16037.
This is the Candle that has the Potential to Increase. into
a Large Body.
Note
NQ Range for Today - 16046/073 - 16294Note
Front Run of 226 Level, IF it breaks 271 - 294 remains Open for Squeeze.They'll need to accumulate more Sellers who were just lit up buying into
Jerry's "Yeah this Junk is over-valued" Meme.
Bait / Switch.
Cake / Bacon
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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.
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.