So how come we are not on this list?: https://blog.feedspot.com/trading_blogs/ Even the Trading Goddess made the list with 1 post per month. Don't we want this?:
That`s actually a common misconception, Pek... It`s always 1 or 2 trades at most that really defines the most profitable years as direction of the move is completely irrelevant during Volatile times... Just like the market we are in now... There is always opportunity from both sides of the plate!
Aj or Vadr.. I think you may want to read back on this thread a little more closely... We have a handful of very accurate shot callers that are on point. I`d be more than happy to go heads up with him in a timely fashion... I only post 20% of my trades here as posting it in a tight 10-15 second window is not my primary concern... pin pointing entry/ exits are.
2619 triangle measure..this is also 10 handles from 10/29 low edit - ...and 59.6% back up (close to .618 fib)
So let's get back to the prediction business. Based on the monthly sticks, a BB bounce (what we had here) usually reaches the SMA line, right now it is a bit above 2700. Since the start of a new year is most often bullish, it can be done by Jan 10th. Once/if we reach that level the rally could fade out and turn back down to continue the bear market. Now looking at the weekly candles it gives more details. Right now it looks like a V-recovery (more obvious on the daily chart), a fast down with an equally fast and symmetric whiplash rally. The previous support was around 2600 and now the weekly SMA line is there, so that should give us resistance and a drop. So maybe on Monday we get an end of year rally and reach 2600 or close. We might need 2 days for it. From there a hard bounce back first let's say 80-100 points, then the following days we go through 2600 into 2700ish. Once we are there, that is going to be the big decision maker. TL;DR: Next 2 days up to 2600. After selling off from there, going up to 2700 in the next 5-8 days. After that anybody's call...
Going against vader wouldn't work out well for you lol. He's the real deal. Volente and Pekelo make some good real time calls as far as this thread goes (most others calls are kind of vague calls in here or in hindsight. B1S2 calls real-time trades to his credit, although they tend to be awful)