Red Letter Dates for ES and GC
What we have all been trying to foresee…could it be this simple?
Doing some daily chart analysis, I began to plot where trendlines were converging on both ES and gold. Would you know it; they seemed to align inversely.
Interestingly enough, Inauguration day, Wednesday, January 20th started to show as one potential date in the short term for a drop.
Even more fascinating: Monday, March 22nd showed up in the longer term. This coincides with many people’s March predictions for when the market is to turn sour. Is this the next Black Monday?
Adding some of my retracing in combination with the trendlines, you can see my estimates of potential bounce points.
Any input or thoughts would be appreciated.
-Fib
Doing some daily chart analysis, I began to plot where trendlines were converging on both ES and gold. Would you know it; they seemed to align inversely.
Interestingly enough, Inauguration day, Wednesday, January 20th started to show as one potential date in the short term for a drop.
Even more fascinating: Monday, March 22nd showed up in the longer term. This coincides with many people’s March predictions for when the market is to turn sour. Is this the next Black Monday?
Adding some of my retracing in combination with the trendlines, you can see my estimates of potential bounce points.
Any input or thoughts would be appreciated.
-Fib
The prediction is in...
= FIB
= FIB
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
The prediction is in...
= FIB
= FIB
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.