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Showing posts from January, 2023

Now or never for the bear at this level.

Ran the last resistance levels. Now up to our optimal level for a short and also a level where I think if it fails bear plans are best shelved and not considered again until at least 4240 (And probably something more like 4400). If we do see a rejection at this level, strong downtrend probable. https://preview.redd.it/xmhpko9en0ea1.png?width=1456&format=png&auto=webp&v=enabled&s=21b10b955f9033a1f482f1316422e7444204a02a If the average time for a bear market rally transitioning into a bear leg ratio holds true to what it's been through 2022, we'd typically be looking at a seriously strong sell-off month approaching. ​ Typically we've seen bear market rallies fail in 1/3 (Or less) of the time they took to form. We'd be 3 months into a huge BMR is that was the case. One massive month may take us back to the lows (And under the lows there's a real chance we see real panic hit the market). ​ Read more That should be final spike if this is a bear (s

Selling may be due to start in the coming week.

After a prolonged range we've had a spike out through today. Strong selling likely to come soon. - by HoleyProfit (substack.com) https://preview.redd.it/7c62p4i77iaa1.png?width=1456&format=png&auto=webp&s=61259433d9eab96d029ab79fd15495cba7e4738b This may be the setting up of the wave 3 trend leg. Wave 2 correction having been made. ​ https://preview.redd.it/fhewmkle7iaa1.png?width=1668&format=png&auto=webp&s=51c1a51d287d7e3ff8c569c883821eb36c87337a Stops above previous entry. Should not make a new high if this pattern is valid. https://www.reddit.com/r/BeatTheBear/comments/zkxwla/hoooleyprofit_has_recently_returned_to_telling_us/ via reddit https://ift.tt/JOiP9c6