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pipinsight
Sep 4, 2020 11:02 AM

Crash-Recovery-Correction cycle Long

E-mini Nasdaq-100 FuturesCME

Description

Looking at historical events drive future predictions. In 2018, the correction after the crash was 50% of the crash. Using the same model, I'm expecting a correction to 10850 before buying in to go long.
Comments
WicktatorFX
This looks awesome
pipinsight
It looks like we are going down to balance the price out before COVID. Hang in there!
pipinsight
Reached target. There is a possibility it will play the trickster and go to 10845, but otherwise up from here.
youtube.com/watch?v=hOMvs_1UFCk
s6ufyan
So did you buy it today? Or are you still waiting for 10850?
kyle_LEE
@s6ufyan, I am waiting for comment too :)
s6ufyan
@kyle_LEE, still waiting! Lol
kyle_LEE
@s6ufyan, But i have 2 long position....11900.............sad man...
s6ufyan
@kyle_LEE, ah tight..
I hope it goes well. Maybe do a short in case it starts dropping again.. this will protect your longs
kyle_LEE
@s6ufyan, if dropping more on tuesday, i will do long liquidation and wait more good position. (mental brake down..lol...)
pipinsight
@kyle_LEE @s6ufyan: Sorry guys, don't check my notifications :/ Not buying until 23.6 fib line with a stop loss below support line. Meanwhile, im in a sell until the fib
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