Sometimes the chart tells the story rather than the economics or fundamentals. It is extremely rare that we see such a setup on such a huge time frame chart. So rare that it is almost impossible for one to even think about shorting it because it appears impossible.
That being said, This is a high-probability setup nonetheless. It is just massive in size. I would have no problem showing this on a 37-day, 30-minute time frame chart without the name. As such I posted it with great confidence as an excellent risk-reward setup.
That being said, This is a high-probability setup nonetheless. It is just massive in size. I would have no problem showing this on a 37-day, 30-minute time frame chart without the name. As such I posted it with great confidence as an excellent risk-reward setup.
코멘트:
MSFT doing nothing as expected.
코멘트:
Nothing has changed. Still waiting for the wave up to crack.
코멘트:
Aaaaannnnndddd!!!! Right back down.
Getting closer to the crack move lower
Getting closer to the crack move lower
코멘트:
As mentioned back on July 19th "nothing had changed"
Still no crack but getting closer.
Still no crack but getting closer.
코멘트:
Huge topping tail on a weekly chart
코멘트:
MSFT has crossed the line but has not cracked yet. Remember a crossing of the line means little. Making a new lower low will go a long way toward cracking.
More importantly, the topping tail we saw back on July 24th is holding very well.
More importantly, the topping tail we saw back on July 24th is holding very well.
코멘트:
Ont he verge of making a lower low. So far so good!
코멘트:
MAGIC!
코멘트:
No one saw this coming back on June 28th when I posted this setup. Now they do.
MAGIC! ;)
MAGIC! ;)
코멘트:
Wink!
코멘트:
CRACK!
코멘트:
Pushing lower nicely as expected.
코멘트:
I am able to repeat success because I do not guess.
코멘트:
Here is the bigger picture chart
Real Macro Economic Investing
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