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
AdvertisementHi Traders! Arvinth here from the Home Trader Club team. The weekly summary and, review of May…
The world’s biggest technology companies drove a rebound in stocks ahead of Apple Inc.’s earnings, with Wall Street also gearing…
Hi Traders! Oil technical analysis and short term forecast post is here. We do our…
Hi Traders! NZDJPY short term forecast follow up and update is here. On February 27th…
Hi Traders! EURNZD technical analysis and short term forecast post is here. We do our…
Hi Traders! GBPCAD short term forecast update and follow up is here. On February 7th,…
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