If we draw a fib from the high to low of the last leg into the low in yields we can see the current bounce is off the 127 fib.
Most often when this is a correction the high comes around 161 (Which would be 7%). However, i find more often when we have a 127 bounce the 161 breaks and the following fibs hit.
If this TA norm plays out, it'd imply the FED is far from finished.
Most often when this is a correction the high comes around 161 (Which would be 7%). However, i find more often when we have a 127 bounce the 161 breaks and the following fibs hit.
If this TA norm plays out, it'd imply the FED is far from finished.
We may be inside of a crash event to 3000 in SPX.
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Disclaimer
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.
We may be inside of a crash event to 3000 in SPX.
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Disclaimer
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.