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Dave G
@dguedes89
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Swing Trader | Christ Follower
Fayetteville, GA
Joined November 2015
@1ASpeechTweet @DojiCat4 @Prof_heist @ChartingProdigy We are still in fear and people worried about bigger correction with the triple rejection off 6100 so doubt we see big drop here. Market usually tops when everyone bullish
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@1ASpeechTweet @DojiCat4 @Prof_heist Yea always possible that we just drop from here and top already in which is why having hedges in place always a good idea.
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@TriggerTrades Your 6200 - 6250 is low. We are battling strong resistance at 6100 once we break that move will be strong and hit my target of 6300 - 6400 ragging upper trendline of rising wedge on weekly. Then top will be in and bear market will begin
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@Prof_heist Yes I know , Iām saying it. Remember this post and we will check back in a few months see where we are at š
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@ChartingProdigy If I had to guess I would say we form a lower high at around those moving averages and set up an inverse head and shoulders reversal.
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@great_martis One more push higher for bitcoin to around 125k and s&p 6300 - 6400 then top will be in
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@rbswingtrader I actually agree with that path but think that will also mark a major top and a crash will follow starting a bear market.
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@ChartingProdigy Iām going with pullback being over but of course hedging my bets just in case
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@ChartingProdigy Seems like it can go either way.. but so far consolidating at the top of channel hugging trend line so maybe bear trap and we break out to the upside. Iām leaning towards up but hedged to the downside.
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@ChartingProdigy Does this make it more likely Nasdaq has put in a top and will diverge with s&p? Nasdaq has given back almost all its gains from the recent rally with this one drop.
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