Sunday, September 24, 2017 5:51:43 PM
I have studied the 2000 and 20008 crashes as to how my daily charts would have responded. In both cases there was plenty of time to see what was about to happen.
However, I have never looked at the 1987 crash until I saw a chart today. Again the same comment, there was clearly a big issue that was very easy to see coming.
* a DT
* a Wave B retrace
* support broken about 308
* MA200 broken just below 300
* all the TA's slammed to sell sell
Unfortunately, the crash was too fast for my weekly charts to have reacted.
However, I have never looked at the 1987 crash until I saw a chart today. Again the same comment, there was clearly a big issue that was very easy to see coming.
* a DT
* a Wave B retrace
* support broken about 308
* MA200 broken just below 300
* all the TA's slammed to sell sell
Unfortunately, the crash was too fast for my weekly charts to have reacted.
Trade the Charts and not the Heart - Expect the trend to
continue until it doesn't - Realtime is the real deal
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