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ALSI Trades


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#1 Snippit

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Posted 10 December 2017 - 10:39 PM

...
first Abc of a double zig zag having been completed today. Counter rally to x to commence to around 53200 before final abc to about 47700 {revised} . Long term target still in tact for 62000 next year 2nd qaurter

 

We see similar timing for the Primary wave top, viz:

T40 Index (J200):

Intermediate 3 most likely 55845 end of Jan, if so then

Intermediate 4 most likely 48940 end of Feb, if so then

Intermediate 5 most likely 56400 mid June

Primary wave 2 then commences retrace of index action since commence of early 2016. Expecting 12% max.


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#2 Snippit

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Posted 08 December 2017 - 09:06 AM

The nonsense with the Rand was minor wave (ii), but its all over now, baby blue...

 

https://jsecharts.bl...zar-update.html

 

usdzar-240-081217.png


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#3 Snippit

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Posted 07 December 2017 - 10:54 AM

Snooze not...

https://jsecharts.bl...dex-actual.html

 

T40-d-071217.png


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#4 Snippit

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Posted 06 December 2017 - 09:52 PM

Swix is more Elliott amenable. Intermediate wave 3 is going for it, just like it should. Fear of loss causes short term volatility in this zone. RSI peaks in this zone. I doubt that the CB network will depart the market core and adopt fringe sentiment at this stage of developments. More likely to engage collusive counter measures as any need arises. This is a wake up call, the real test of their mettle will be Intermediate 4 which really ought to clearly alternate with Int 2.

 

swix-d-061217.png


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#5 Snippit

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Posted 06 December 2017 - 12:31 PM

So I will stick to my main view that this was wave 5 and corrective wave to follow a ( double top at 54187 and corrective b to 54400 (favoured) before c zig zag to 47000 overshoot

A highly irregular wave formation..corrective b extended further than I anticipated to 55000 on the back of tencents.
first Abc of a double zig zag having been completed today. Counter rally to x to commence to around 53200 before final abc to about 47700 {revised} . Long term target still in tact for 62000 next year 2nd qaurter

 

I think I follow for the actual ALSI index. It is not an option that I have so far considered.

My struggle is with which 4th is it (minor or intermediate) or is intermediate 3 still looking to complete

whereby the big picture of is it Primary 1 or Primary 5 can wait a while.


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#6 TellyTubby

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Posted 06 December 2017 - 12:28 AM

So I will stick to my main view that this was wave 5 and corrective wave to follow a ( double top at 54187 and corrective b to 54400 (favoured) before c zig zag to 47000 overshoot

A highly irregular wave formation..corrective b extended further than I anticipated to 55000 on the back of tencents.
first Abc of a double zig zag having been completed today. Counter rally to x to commence to around 53200 before final abc to about 47700 {revised} . Long term target still in tact for 62000 next year 2nd qaurter
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#7 Snippit

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Posted 05 December 2017 - 03:31 PM

Bear with me while I break the news: Minor wave (iv) targets 51400 on T40 futures.

 

50809 for 4th same as 2nd if 4th goes flat


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#8 Snippit

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Posted 05 December 2017 - 10:34 AM

USD/ZAR retraces minor wave (i) of intermediate wave 3 hitting 0.618 with a spike: https://tinyurl.com/y7xavaa3

Tencent retires to same bench as 2 days ago with a Fib ratio: https://tinyurl.com/yc9v6fbj

ALSI does not lead these instruments because it is just an echo in their chamber.


Edited by Snippit, 05 December 2017 - 10:37 AM.

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#9 Snippit

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Posted 04 December 2017 - 08:16 PM

Sexy rammer poser gonna fix SA & ANC & Guptas & crime & corruption & SARS & free education & houses & free medical & plenty jobs & enormous wages & big pay rises & rural population explosion & tribalism & all things immoral & illegal & unconstitutional with lots of champaign & girls & stuff. And the ruling mob gonna roll over for him and help him on his way without even a firecracker. And DP & EFF & other sideshows gonna get starved for votes and start using public transport. Now what is this word - e con o my

 


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#10 Bullhunter

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Posted 04 December 2017 - 12:55 PM

Who remembers David Shapiro saying Sasol probably going to R1000/share when it was at R600...(Granny did and she bought)

Or Wayne McCurrie liking Vodacom at about R180/share but not MTN so recently...(Grandpa got VOD at R180)

 

Embarrassing...

Maybe or maybe not..

They are the clevers of the talking heads we have and we value their talks..

But not their dumb punts/ tips..

They make us very suspicious...

 

Traders always have a lot of good info on economy etc..

So when listening to Fine Business Radio 103.3 on Friday,,,

Greg Davies made me sit up straight when he started dumb punting Naspers as an investment for the" young investors"....

Lyndsey Williams cut him off before he could really start babbling....

Lyndsey has been around the block a few times as a trader...

 

We need to pay attention...

This share is so big in the index,,,

Buy NPN after 2 weeks of falling price action with increasing volume...

We think this is very BEARISH...

That made us LOOK at the charts...

 

There looking  back from the NPN 1-4 hour charts was that very big down spike at close 28 Nov ...

Looks like there was a liquidity issue/problem that day...

unlike on the 15 Nov when they were snapped up...

Was this someone really big testing the market...

 

We will never know,, but footprints in the sand...

And why the emphasis on "YOUNG"  investors...

Will they need some time for that investment to pay off before they get to be like Warren Buffet literally..(old)

Never minding Buffet actually got so rich by SELLING...

They never talk about that part of the equation....

 

Always Buy and hold... Forever...

 

P.S.

Granny wants to know when SASOL is going to R1000 so she can sell..

We keep telling her it will when there is a big war in the Middle East and/or Oil goes through the roof..

"Oh... but David is such a nice man on the radio,, he would'nt want that..."

Probably does'nt,,, but that is the reality of it..

 

Damn!!!

Trading in shares is easy. It's the timing which is difficult.


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Opportunities are made up easier than losses.

#11 Halfday

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Posted 02 December 2017 - 11:16 PM

Who remembers David Shapiro saying Sasol probably going to R1000/share when it was at R600...(Granny did and she bought)

Or Wayne McCurrie liking Vodacom at about R180/share but not MTN so recently...(Grandpa got VOD at R180)

 

Embarrassing...

Maybe or maybe not..

They are the clevers of the talking heads we have and we value their talks..

But not their dumb punts/ tips..

They make us very suspicious...

 

Traders always have a lot of good info on economy etc..

So when listening to Fine Business Radio 103.3 on Friday,,,

Greg Davies made me sit up straight when he started dumb punting Naspers as an investment for the" young investors"....

Lyndsey Williams cut him off before he could really start babbling....

Lyndsey has been around the block a few times as a trader...

 

We need to pay attention...

This share is so big in the index,,,

Buy NPN after 2 weeks of falling price action with increasing volume...

We think this is very BEARISH...

That made us LOOK at the charts...

 

There looking  back from the NPN 1-4 hour charts was that very big down spike at close 28 Nov ...

Looks like there was a liquidity issue/problem that day...

unlike on the 15 Nov when they were snapped up...

Was this someone really big testing the market...

 

We will never know,, but footprints in the sand...

And why the emphasis on "YOUNG"  investors...

Will they need some time for that investment to pay off before they get to be like Warren Buffet literally..(old)

Never minding Buffet actually got so rich by SELLING...

They never talk about that part of the equation....

 

Always Buy and hold... Forever...

 

P.S.

Granny wants to know when SASOL is going to R1000 so she can sell..

We keep telling her it will when there is a big war in the Middle East and/or Oil goes through the roof..

"Oh... but David is such a nice man on the radio,, he would'nt want that..."

Probably does'nt,,, but that is the reality of it..

 

Damn!!!


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#12 Mostlya

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Posted 02 December 2017 - 10:56 AM

So the Senate passes its tax bill which leaves a reconciliation with the house. Of course the debt ceiling looms this Friday. Full looking counts on the Us indices now as evidenced by the volatile action on Friday. Should be an interesting December.
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#13 Snippit

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Posted 01 December 2017 - 07:46 PM

Yanks are suddenly very jittery....

That was something BAD...

 

Some libtards believe that they gonna impeach Trump cos they got the Bilderberg megalomaniacs on their side. They so dim they cannot figure they being used before they all get neutered and sent for a brainwash.

 

http://www.zerohedge...s-stocks-plunge


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#14 Halfday

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Posted 01 December 2017 - 06:27 PM

Yanks are suddenly very jittery....

That was something BAD...


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#15 Snippit

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Posted 01 December 2017 - 01:36 PM

Not quite there yet.

 

Going now for minor (iv) then another attempt for Intermediate 3, but Intermediate 4 will pass by this way before Intermediate 5 serves opioids into the bogglement.

 

viz:  https://jsecharts.blogspot.co.za/


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#16 Snippit

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Posted 01 December 2017 - 09:34 AM

Not quite there yet.


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#17 Snippit

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Posted 30 November 2017 - 03:27 PM

$US index bounce 1st wave wants to make wave 2 suggesting Republicans in Mexican standoff whilst markets go to the wall.

Anycase GLD has a divergent that is now urgent.


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#18 Snippit

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Posted 30 November 2017 - 02:38 PM

Synchronised

 

swix-d-271117.png


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#19 Snippit

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Posted 30 November 2017 - 02:03 PM

If the ZAR weakens it won't take much to bring out the bottom feeders....

The S+P500 and Nikkei are still high...

Intermediate 3 now long in tooth. A short sharp (Int 4) correction is required for entry into Int 5, which then continues the bull.

 

My nephew follows local politics closely  and informs me that Ramaphosa is unlikely to win...

Because mini-zuma has the 2 provinces with the most delegates for the ANC conference,,,

How about that for Xmas,,,

Looks like the Guptas gonna win regardless, at least until Putin no longer has any use for them.


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#20 Halfday

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Posted 30 November 2017 - 12:31 PM

If the ZAR weakens it won't take much to bring out the bottom feeders....

The S+P500 and Nikkei are still high...

 

My nephew follows local politics closely  and informs me that Ramaphosa is unlikely to win...

Because mini-zuma has the 2 provinces with the most delegates for the ANC conference,,,

How about that for Xmas,,,


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