#PriceAction
Continuation Setup
Easiest way to trade the trend is wait for a range to form as it consolidates for the next move. Another staple I use when it comes to directional trading
$BTC Update:
-80 day cycle continues to work for now. Last cycle reached upside target and rejected at 200 DMA as we were looking for repeat of 2022 and other 4Y cycles
-My read is that the new 80D cycle is left translated and has already failed. Ideal low falls right after July OpEx
-Composite projection is in bottom panel in blue and suggests ideal long term low falls around Oct per our Jan forecast
-ST we have a tradable bounce (Cont...)
Young traders, have you finally recognized the need to hold trades much longer - maybe weeks instead of days, days instead of hours?
If so, know that staring at your blinking screen does little more than to allow your emotions to sabotage you?
This is truth!
2026 forecast: 25% bear market and recovery
-Overall structure I see: head fake in Q1, multi-month liquidation, Q4 rally
-Up till ~Feb 17 (7250-7400 $SPX), then look for topping signs/divergences
-Mar 27 minor low
-Early warning sign that market has topped is acceptance below 6532 which takes us to 6144; below it we go to low 5K
-2 Potential key low dates: July 24 and Oct 27 where I see 3.5Y cycle low
-July is likely a major low followed by a big rally; Oct - lower low that is divergent giving cleaner entry
-5200 target; extreme low range is 4600-4800; upper range is 5400-5600
-Big rally in Q4, year end target 5950
-All 4 previous annual forecasts are included on the chart for reference
-Commentary and other assets forecasts to be added over next few weeks in the thread below
-If you found my work helpful - can support with retweets