Light at the end of the tunnel(channel)

2022년 1월 20일

As you can see in the chart SPX responded very well to the lower border of the channel and now the question is:
Is this a good time for entry?

The answer could become more clear after reviewing the previous correction and how they were ended..!



Reviewing the past correction reveals a common pattern at the end of the corrections:
a complex of 4 candles (Red, Green, Red, and Green) and then change in the direction!



I think today could be candle 2 out of the 4..!

So this is very likely that you can buy what you want at lower prices in the next 2 days!

Best,
Moshkelgosha

DISCLAIMER

I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.

2022년 1월 20일

노트

Jan 14 analysis:

2022년 1월 20일

노트

today:

2022년 1월 21일

노트

I recently noticed many people do not read the whole article..!
A perfect example could be this one!
The last line is:
“So this is very likely that you can buy what you want at lower prices in the next 2 days!”
Read it once again..!