Dear Sema, like with a sneer, asked here:
NeoVuka, the cue ball has gone below 53k, is the forecast changing?)
I answer:
On the 13th, when everyone was raving about 70K+, I gave a forecast of “let’s go to 56K.” The result is obvious.
At that time I couldn’t have plans to reduce the 14th.
Based on the impulse on the 14th, the estimated decline range is 55900-52200. We have!
Judging by the current return momentum, May will be in the range of 67800-74700.
Now, when people start raving about 44K-42K, you want to take it at about 52200 with a short stop and possible re-entries, you want to return in case of a breakdown of the shadow.
Risk of 1-2 re-entries at 3%, target min +30%, period 30-40 days.
Learn to count, dear!
Calculate probability, pose size, and stop size. And you will be happy!)
Regards, V.