MU SHORT prediction · chartguys · Partial
an indecision candle. An indecision at the top or the bottom of a strong move often shows the shift underway. So bears still have a good bit of proving to do, but confirming a 4hour downtrend by breaking the low of Friday will be a start. When's the last time we've seen a clear 4hour downtrend confirmed on the NASDAQ? This was all a straight shot. No downtrend. I mean, you're going back a while. This was, I guess you could say, back here. So, a few weeks, two two and a half weeks. There's also a possible scenario where we shape up a 12-h hour head and shoulders where if we drop a bit Sunday night into Monday, but then get a bounce going, uh, we'll be watching for that. The more things that start weekly consolidation, the higher the probability that everything is going to see weekly consolidation. And Bitcoin here into the weekend has started weekly consolidation. We just had a stairst step move six weeks in a row with a higher low every week and that has now broken. That alone is not enough for us to say with high
- Channel
- chartguys
- Prediction date
- 2026-05-16
- Horizon
- 2026-08-16
- Instrument
- MU · SHORT
- Verdict
- Partial
- Outcome
- <strong>Partial:</strong> <span class="num red">P/L -2268.0%</span> · <span class="num red">vs SPY -1766.0%</span>
Source: Source · 02:39 ↗