Market Feb 8th, 2021

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Feb 8, 2021, 9:57:25 AM2/8/21
to clayton tom, stemsmexico
NASDAQ 100 WEEKLY  .. SEE THE EXPANDING MEGAPHONE PATTERN.. USUALLY FAVORS THE BEARS.. IF THE
UP MOVES LOSE MOMENTUM AND START DOWN FROM HERE.  IF THE OPENING CANNOT HOLD AND STARTS
DOWN LATER IN THE TRADING SESSION, WOULD START A RED CANDLE.. AND IF PROCEEDS TO A RED CANDLE
WHICH OVERWHELMS THE PREVIOUS GREEN UP - WOULD BE CALLED A BEAR ENFULFING.. WHICH WOULD NOT
BE GOOD FOR THE BULLS. -  THIS COULD MEAN THE, MAYBE, THE MARKET IS AT THE LAST LAUNCH TO THE
PEAK, I.E. MT. EVEREST OR K2.  THEREFORE, THE MARKET MUST START AN UP GREEN CANDLE ON THIS WEEKLY
NASDAQ 100 CHART.. OR LOSE MOMENTUM, AND HEAVEN FORBID, START DOWN?  AT THE MOMENT HAS LOST
THE ENTHUASTIC MOMENTUM OF THE PAST THREE WEEKS.  LOOK BACK TO THE LAST WEEK IN FEBRUARY, WHICH IS
WHAT A MARKET TOP LOOKS LIKE. RED CANDLE, FOLLOWED THE FOLLOWING WEEK WITH AN ENGULFING RED DOWN

TAKE CARE AND GOOD LUCK THIS WEEK.

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