Every time we pump, we dump.
Every time we dump, we catch support somewhere important.
not only pumped off the .618 retrace, but recently held the .5 from the same fib after again retracing. So, no retest of the .618. (Yet.)
Wicks are by far and wide the worst I’ve ever seen in the past week.
is pumping.
We have a massive ready to complete. One could argue a few more days and it is invalidated.
We have a ‘head’ formed from my previous post, and it looks to be breaking into a ‘Wing 3’.
There is a massive that has been formed and it looks as though has now broken through it.
Someone with very deep pockets is holding in place meanwhile is pumping like mad.
At first it started as being knocked down any time it went past $3,900.
Now, it’s being pumped any time it breaks below a crucial support.
That isn’t coincidence.
I was very the past week, but after taking the past few days off the charts, things are looking primed to complete that .
Be on your guard people. *When* this market explodes, the direction it chooses will be violent.
Published at Wed, 02 Jan 2019 14:02:37 +0000
