Getting close to a turn today or tomorrow. BTC may signal the buy zone if it retests it's fib trendline. Weekly BB and 200 ma are both around 3590 area - so that may be a stopping point for this meltdown.
Good luck!
Comentarios
⋅
misspoke at 255 I meant 3990
Comentarios
⋅
SPX cash now also close to trendline from 2009 lows
this image made my laugh, so sad looking. great post
pjc57128
⋅
Do you think there is another oil cycle to come ? Or just lower highs lower lows going forward . Great video £/$
the_sunship
⋅
@pjc57128 it's a good question and I'm not sure. certainly now is a time to buy for a rally but I don't know how far it will go. all commodities have dropped because of the dollar and I don't think the dollar is close to it's peak - around 140 on dxy likely next year.
pjc57128
⋅
@the_sunship, appreciate your reply , will be watching thanks .