Well well well i did warn you all, i was Spot on again
looks like the TA i outlined, the MACD RSI told us this would target 18-19, forget 23-24 ledge or 20-21 ledge it cut through this today like it didnt exist
a whopping -270c drop down all day long red bar lucky us WA people mostly stayed in bed all winter day to avoid losing a fortune trying to pick a daily low, lol
TA looks even worse now i warned this was folly
looks like the 3rd rounding top completion is targetting 14-18 area now Cant believe it but here we are. My sells at 27 26 24 looking good now.
untill the macd goes green maybe in a few weeks best to stay out & wait for the floor Series of lower lows lower highs continues Dropping wedge formed with defined mountain top at 27 Shoulder run down past 20 bearish arm is now down to 16-18 May end up at 14-16 being 5 year lows again but we will soon see
today no support shown at all. Shorts got a free kick, how will WA longs react who likely are in shock at the desk this morning, will they buy the falling knife, pit boss will not allow it imho
where the new low will be, toss a coin 23.nope 21 nope 1950 nope 16-18 possible 14-16 probable
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