Markets : Let's rise and fill the overnight gap for first 2 hrs
Market 2 hrs later: Let's tank and undo all the gains and set new lows for the day overnight and carry on going even lower
Lol. US had had it. Even with last night's Fed decision, the market simply rose to fill gaps and then dropped. Cldnt even make it to Tuesday's highs so a decision like that efecctively did nothing for the markets. Currently down 600 pts *down* from last week's highs following last night's news which shd have sent them to new 2019 highs in theory...but it didnt!
Worse than I thought....when the drop comes, cld be potentially worse than Dec'18
And just imagine what happens IF Fed does another u-turn during 2019 and 'does' introduce even 1 rate hike. Markets will absolutely tank ......aimho...
note to myself: Dont wolf down 2 mars bars one after the other during the afternoons....massive blood sugar spike followed by an even massiver (!) sugar low...barely kp me eyes open past hr:(((
Pancreas must be well and truly boogered by now :((
It's defo moving sneakily imho....plus wacthed it past week v closely...tiny incremental daily rises almost gone unnoticed to most unless one was watching it......oscillaors close to o/bought short term but still...
Liked the chart last week and appeared harmonic was complete at 15.4ish I fink....GL:)
Phased in last week following on from chart and think confirmation of lows may be in....update and post again...but confluence zone of 15.x shd be it imho....
Rare harmonic so little risky as can over/undershoot but hey ho....