Oct 18, 2025
Update
Choppy price action, definetively corrective waves most likely b-wave triangle.
I see possible impulse lower followed by zig-zag higher and another one lower retracing 78% which is typical for triangle.
It looks like the market is heading for 20d cycle high - another 2-3 days to complete triangle will fit perfect.
Notice how the price action develpos below MA10.
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I think 10w low was 10 october
ReplyDeletePer StockCharts.com, Jim Miekka's "Hindenburg Omen" was triggered for the ninth time in the last ten years on Friday October 10's bloodletting. The prior six occurrences were followed by meaningful corrections for the S&P500 and Nasdaq 100.
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