Categories: Technical Analysis

One last pushup

Hi friends,

If the picture confused you, then no, I won’t talk about sport today (I will talk tomorrow after Barcelona’s game lol)…

I will just share my opinion about the market. For me, watching on the charts, it feels like the US indices are ready for one last push up, before the crash I expect to come.

And no, I am not a Mr.Doom or so 🙂 I just read the charts and that’s what I see (Click to enlarge):

As I said not once, I think that if indices will push up all April and May, then the summer time or the autumn time will be disaster period to the market. I pray that the correction will come now, because if not, then everyone will see how real break feels like.

I showed only Dow here, but it’s same for all US indices. I don’t claim it will start today or tomorrow, as I said, it is cooking itself. When it’s ready, it will happen suddenly and powerfully.

Right now, we are on a real optimistic party, but this party becomes TOO loud, when the party is too loud many people leave with headaches. Make sure you will know to get out without headache my friend. I think we are in front of many opportunities and I will keep you updated here so make sure to follow my posts.

Until then, enjoy your day 🙂

Yours,

Vladimir Ribakov

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Vladimir Ribakov

Following 11+ years of trading experience, trading my own accounts as well as for hedge funds and brokerages, I have decided to fulfill my destiny and to personally mentor Forex and Commodities traders. When I released the “Broker Nightmare” (software that hides trades from brokers) 8 years ago, I found an overwhelming number of frustrated people who genuinely wanted to learn how to trade the Forex market, but instead found themselves scammed and misled. Over the years I have also release other trading systems based on my trading strategies, and met a lot of people on my worldwide Forex seminars. We’ve formed a close Forex community and we meet once or twice a year in various locations in Europe.

View Comments

  • Hi John

    I don't think so, I don't think it's about to happen on this cycle, but the higher the stronger the down move will come after that.

    Vlad

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