Saturday, March 12, 2022

Likely Will Not See Anything Like This Again Soon- The Great Unwind

Precise, predictable symmetry is almost uncanny and has been ongoing since the end of Oct '21 almost like a draftsman's design. All trend lines holding precisely. The diamond is building like an architect designed it. Amazing. Still not sure how it is holding but here it is! Nothing to do with world events. This has been in process since end of October '21.

Bottom chart is from 3/2/22.

Live status: Three touches on the sloping trend [A]-#9-#12 could be it with a turn signal imminent. The v.spike indicator continues to plow lower. It has not mis-directed yet. Closing numbers said more down to continue. Also adding greater numbers to the count since this declining sub-leg began which will effectively create an even larger time span on the next move down compared to those already in. We shall have to see how much. Increasing possibility this next move will create an apex bottom to the diamond with a reaction back up towards the center of it by late '22.

Commentary: please, if you can, try to send anything to help those under attack right now. Thank you.


This Information Is For Entertainment Purposes Only. Financial Loss Can Occur From Investing.

Our favorite go to site- McVerry Report




2 comments:

  1. Hi, Thank you for the update. Can you please create a post to explain more about diamond tops? Any historical chart reference on when diamond top was created and how it follows on?

    ReplyDelete
    Replies
    1. Varun, Thank you for the suggestion. We are looking into alternate patterns as there may be some conflicts arising from date estimates regarding a Sept '22 completion which would fit a diamond top. A new posting will describe what we find. Stuart

      Delete