Too much to write out and I spent so much time creating this, but you get the idea...
=FIB
=FIB
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also a word on the GameStop debacle...simply an excuse for the wave 4 we are having down now...we will be back up for wave 5, and then that is really when the pain starts, the wave 5 being the final bull trap of relatively short duration and magnitude similar to the wave 2 we had in this cycle
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we will be touching the RSI and price down trend lines in the next hour or so; from there, i anticipate big boys rolling and buying up to clear out all the shorts that were probably being placed today
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sorry i know this chart is a lot to look at but I couldn't fit everything in, but if you look at the cycles, it makes sense and falls in line with it all
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also, funny how the "news" seems to always align with market occurrences and cycles
proves to me that cycles are unavoidable
proves to me that cycles are unavoidable
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The prediction is in...
= FIB
= FIB