Let’s look at it from a Welliott Ave perspective: On Wednesday we saw a sharp decline. The EW expert I log said at NQ 12980 “Oh my god, 400 points down in just one day”, “This is it”, “This is a clear sign”, “This is an impulse”, “No way this can be inverted”, “More impulses down are going to follow”. On Thursday we saw a sharp rise. The EW expert I log said at NQ 13480 “Oh my god, 500 points up in just one day”, “This is it”, “This is a clear sign”, “This is an impulse”, “No way this can be inverted”, “More impulses up are going to follow”. Now it is Friday morning in Europe. Two massive gaps. A nice Welliott Ave wash-up. Might be an opportunity to short. Just to clarify: there are certainly excellent experts. I just log some experts who publish daily videos or posts.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.