3/23/20L Trendline was key resistance in the Russel, Tesla and Bitcoin

 

3/23/20L Trendline was key resistance in the Russel, Tesla and Bitcoin,

something to watch closely

Long term 18 and 75 Flash Crash week time Cycles are clustering right now at Price channel resistance

SPX Markets are at long term channel resistance

The 75 week Flash Crash cycle is due 11/5 wk+/

The 18 wk Cycle is ¼ cycle of the dominant 72 (& 144) wk cycle and is due 11/5 wk+/-

The Russel 2000 is at long term Trendline resistance

Conclusion: We rallied into long term channel resistance at 2720-50 SPX and into the 18 wk and 75 wk Flash Crash cycles due to top out now or in the coming week+/-.

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