Quick idea to show that the Hash Ribbon indicator has turned green on 1D an Hourly timeframe.
The MACD is about to touch bottom and reverse.
These are signs that this correction is about to end. The SPX 500 just needed some cool down before continuing its uptrend, starting Monday I think.
The MACD is about to touch bottom and reverse.
These are signs that this correction is about to end. The SPX 500 just needed some cool down before continuing its uptrend, starting Monday I think.
Note
Bad news, the SPX500 broken the raising trendling to the bottom. Things seems to turn bloody for the US market.The shit hit the fan some will say. I still think that the SPX will bounce back, once they will print more money, they have no choice than doing it, so let it be!
Note
Here is an updated chart. I think that we are having a correction, and it is understandable, I had forecasted it in another idea that I published, so no worry.What goes up need to consolidate.
Now with lowering the interest rates and printing more money, the US will continue to pump the markets. Some Billionaires have sold half of their stocks, to buy the dip.
No armagedon, just a good FUD that will clean up the moon boys and remind people to not be too greedy and avoid leverage!
Note
S{X500 got a reboound as expected. It now needs to reintegrate its ascending channel for confirmation.Note
The SPX500 has re-integrated his raising wedge pattern. The Tradfi bullrun can continue.Note
The chart is following more or less my prediction. Let see if the SPX500 can continue its growth or will it crash? I think that the crash is postproned, while it will happen, but money printing is coming, which will save Wall Street again.
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I do not answer to private messages. Use the comment section of the idea or script, or use Telegram.
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Telegram: t.me/metaisland_gg
Twitter X: x.com/cryptonikkoid
Web: nikkoid.com
I do not answer to private messages. Use the comment section of the idea or script, or use Telegram.
Twitter X: x.com/cryptonikkoid
Web: nikkoid.com
I do not answer to private messages. Use the comment section of the idea or script, or use Telegram.
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.