5H bearish cross confirmed and its classic bounce to pump and dump!
So how high do we go before the final nasty leg down...
A
What about the hourly downtrend line @40300-ish (Cash)?
Posted 21 November 2013 - 05:19 PM
5H bearish cross confirmed and its classic bounce to pump and dump!
So how high do we go before the final nasty leg down...
A
What about the hourly downtrend line @40300-ish (Cash)?
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
Posted 21 November 2013 - 05:15 PM
I have a 40400 high and a 39300 low in that order in the next two weeks...Hopefully it wont be the other way around
5H bearish cross confirmed and its classic bounce to pump and dump!
So how high do we go before the final nasty leg down...
A
"Never never never give up!"
Posted 21 November 2013 - 04:59 PM
We can even draw a line from 13 November low and today's low on the 4H chart.
Its going to be the longest US session for the bulls.
I can't see it going below 1770 tonight. We will bounce tomorrow.
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
Posted 21 November 2013 - 04:53 PM
We can even draw a line from 13 November low and today's low on the 4H chart.
Its going to be the longest US session for the bulls.
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 21 November 2013 - 04:52 PM
We just need to survive tonight.
I also feel like it is war and bombs are dropped everywhere! Just make it to live another day!
Posted 21 November 2013 - 04:49 PM
Holding on for dear life.
Every bull is counting their blessings now.
I'm not even taking a look at our market anymore.
Best to look at the S&P. It's going to decide our fate.
1770-1775 needs to hold tonight.
We just need to survive tonight.
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 21 November 2013 - 04:45 PM
Look just basing this on sell the rumour buy the news and perhaps a hunch..Fortune favours the brave? But then again trade in haste repent at leisure..I suppose time will tell
Normally when we get a 5H bearish cross she bounces good!
But that is before the final whack down...I am waiting for that where the longs going to get squeezed bigtime!
After we should resume the next bullrun into next year!
A
"Never never never give up!"
Posted 21 November 2013 - 04:39 PM
If you have a weak heart stay out
BHP,NPN,SAB,CFR still above their key supports.
Looks like the will be a lot of buying tomorrow.
The last wave down, will be a big test for bulls.
Only the brave will buy this.
I'm going into one of them cause I have to go big or go home
But I'm only a humble student subject to correction.
Posted 21 November 2013 - 04:38 PM
If you have a weak heart stay out
BHP,NPN,SAB,CFR still above their key supports.
Looks like the will be a lot of buying tomorrow.
The last wave down, will be a big test for bulls.
Only the brave will buy this.
Holding on for dear life.
Posted 21 November 2013 - 04:31 PM
If you have a weak heart stay out
BHP,NPN,SAB,CFR still above their key supports.
Looks like the will be a lot of buying tomorrow.
The last wave down, will be a big test for bulls.
Only the brave will buy this.
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 21 November 2013 - 04:29 PM
Sneaky suspicion US is gonna close close to a percent up..Will check what we do from 16:40 and decide if im going long again
You might be right...they still need to put in a wave 5 top so that could cause us to bounce tomorrow...!
But they need a washout to bring down those sentiment figures, so next week the blood will flow again...
A
Edited by Argento, 21 November 2013 - 04:30 PM.
"Never never never give up!"
Posted 21 November 2013 - 04:27 PM
Nah im out again @ 39820...900 pips for the day..Im quitting while im ahead!
Well played!
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
Posted 21 November 2013 - 04:26 PM
still early for the bulls, wait a little more...
Posted 21 November 2013 - 04:24 PM
any idea of US impact?
Posted 21 November 2013 - 04:22 PM
Nah im out again @ 39820...900 pips for the day..Im quitting while im ahead!
Yho nice work!
Posted 21 November 2013 - 04:22 PM
Accumulating longs from 39850.. Will add if she drops..
Those levels are here. Demand zones.
Our market is the weakest. All our stocks are red expect for Mr Price.
We are not correlating with any market. All other markets are high above their support zones.
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 21 November 2013 - 04:19 PM
A you still have more downside on your chart? Im betting on a bounce back off the 40000 level?
That 38900ish futures / 38600ish spot level is now reality..so expect more downside!
Might see a bounce tomorrow but US also needs to join the red brigade..!
A
"Never never never give up!"
Posted 21 November 2013 - 04:18 PM
39650 here we come...
Posted 21 November 2013 - 04:18 PM
A you still have more downside on your chart? Im betting on a bounce back off the 40000 level?
I see another possible 200 point drop from here, then she should find support.
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
Posted 21 November 2013 - 04:16 PM
Now taper talk will ignite again. Good US job figures.
Watch out below.
Well, FTSE and S&P seems quite happy?
Exi, impie, exi, scelerae, exi cum omnia fallacia tua