Stocks are up. Time to buy. The downtrend is over...the virus has taken its toll, and now prices are rising again. This has got to be one of the biggest crashes I've ever seen. Its bigger than both 2000 & 2008 stock market index crashes in both magnitude and speed.
So why am I certain? Well based on the image, we can see that price has made a new swing high and low. Williams fractals points out where the turning points are occuring. This is a strong chart pattern: The rising W.
In conclusion, the stock market is bullish, we are just beginning a new uptrend. Traders, it's time to buy stock.
So why am I certain? Well based on the image, we can see that price has made a new swing high and low. Williams fractals points out where the turning points are occuring. This is a strong chart pattern: The rising W.
In conclusion, the stock market is bullish, we are just beginning a new uptrend. Traders, it's time to buy stock.
Note
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.