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This looks bearish to me


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#31 EntropyModel

EntropyModel

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Posted 21 February 2023 - 11:52 AM

yep  

 

 

Pretty much just tracking this on ALGO's - though, that selling last hour was most algo like since Dec so may mean change ...especially if we get more tomorrow.

 

https://mark_davidson1-yahoo.tinytake.com/msc/NzkwNTg4OV8yMTAwMDc3OA

 

Yep so ready to tag my swing down target  -

 

 

Meh - some weird action last hour there - difficult Short term read here but I would say, the bounce I was expecting off 4040 has come here off 4060 ..and its not great ...could run a bit longer into mon but

as said the RISk reward isn't good as I see it on bounces until we see some fear spike.

 

The Swing sell remains in effect - so whatever occurs short term, I see lower prices from here ...toward 4000 or even 3950-3980 as said over next few weeks, then 'well see'.

 

 

yep - and straight through 4030 ...so faster decline path.


Edited by EntropyModel, 21 February 2023 - 11:53 AM.

Question everything, especially what you believe you know. The foundation of science is questioning the data, not trusting the data. I only trust fully falsified, non vested interest 'data', which is extremely rare in our world of paid framing narratives 'psy ops'. Market Comments https://markdavidson.substack.com/?utm_source=substack&utm_medium=email https://www.youtube.com/playlist?list=PLznkbTx_dpw_-Y9bBN3QR-tiNSsFsSojB