I think we will see a significant surge upwards, vast amounts of margin longs got liquidated exaggerating the crash.

I want to say upwards in general but MLs timing and price targets make me question all rationale.  4900 CNY and we should be back on.

Check out these futures contracts which got nuked.

https://twitter.com/whalecalls

Just a bloodbath for margin longs.

(sorry to spam kitten pics)

we re going down

first rule of the thread : masterluc is always right

Care to elaborate?

nope it doesnt. it looks like we pull right to the ATH until new year.

Maybe, but it's not looking promising right now. IMO the market should test resistance again, and if it breaks, shoot to about 1300$ before correcting.
If it fails to break resistance, then masterluc's scenario becomes favorite. The Chinese FUD or bullish news could make the difference.

you see the funny thing is that there are actually two predictions of Luc out there. One says a giant triangle until next summer and the other says big move started that will bring us beyong ATH. So no matter what, the believers in this thread will hail Luc whatever happens, if we bounce of 750$ and go 500$ he was spot on, if we pass 750$ and go 1000$ he will be seen as spot on too.  

Im pretty sure that's his chart