35854 replies to this topic

[Tracer]

Today was a bad day for me... I got lost following the currency and missed the bigger move...AGAIN!!!!

you're not alone.....but don't worry tomorrow is a new day with new opportunities! 

[Halfday]

Today was a bad day for me... I got lost following the currency and missed the bigger move...AGAIN!!!!

[Halfday]

Thanks Gannet 

 

Bad vehicle sales number came out...

[gannet]

I think I understand... So it will bounce off this 45300 level if the USD/ZAR weakens..and head to 45900.. 

I am watching theUSD/ZAR closely... In case it gets stronger...Then of course it will go lower....

No ... I'm not saying it will then bounce to 45900. I believe we have waved that level goodbye.

 

For now ... I will consider a bounce to around 45600 ... but it might NOT bounce. It might even overshoot as it did at the 46065 level. 45300 is a guide where we might see temporary/brief support before continuing down. I might take something off the table there and add on a bounce. When we get there we might be given clues as to how strong that level might be

 

My numbers are not written in stone. In fact ... where I am ... I'm not allowed to write with anything sharp. Crayons only

[Halfday]

My theory is not working in practise.....

Maybe S+P 500 has taken over sentiment....

[Halfday]

I think I understand... So it will bounce off this 45300 level if the USD/ZAR weakens..and head to 45900.. 

I am watching theUSD/ZAR closely... In case it gets stronger...Then of course it will go lower....

[gannet]

It likes 45300 but forming a descending triangle again on 2min

The area around 45900 now clearly S/R. 45300 still my bigger target. Not THE target ... just a stepping stone target 

[Halfday]

It likes 45300 but forming a descending triangle again on 2min

[Halfday]

Spot on again... ZAR /USD getting strong again...Maybe it will keep going down...

[gannet]

Descending triangle - 4 min chart - trying for another break of support. It's tried 3 times and held. It's said the 4th usually goes through. Let's see

[Tracer]

 

  

At the sub-primary level there are 5 discernible legs within the final primary © wave of the bear. However, the C-wave is either another failure (as was the primary 5th) or else it is convolving further into a multiple zig-zag.
The most probable count is the commencement of a new bull cycle from 21st Sept low, wherefrom impulse minor 3 be afoot and this is a good place for a mid wave pause.
As always, there are alternate counts and all will be revealed in the rear view mirror.

 

Thanks Vertebrae much appreciate this :-)

[Moonraker]

Check ..

 

Structural Growth and Dope Dealers on Speed-Dial

 

 

Unfortunately, like the housing bubble and the tech bubble before it, this 

gleeful romp into the land of “this time it’s different” is likely to collapse 

in a smoldering pile of ruins. The reason is that the very things that have 

created this glorious rear-view landscape have been obtained by ripping 

prosperity from the future. By following a dogma that treats debt-financed 

consumption and financial speculation as a substitute for actual economic 

growth, policymakers have encouraged obscene valuations, extreme debt burdens, 

and speculative malinvestment; front-loading market returns to the point where 

there is little but risk on the financial horizon for the coming 10-12 years 

(though there will undoubtedly be excellent opportunities much sooner, at points 

where substantial retreats in valuations are joined by early improvements in 

market action). We currently estimate S&P 500 nominal total returns averaging 

just 1.4% annually over the coming 12-year period. The higher investors have 

driven market valuations, the lower prospective future returns have become. What 

looks beautiful in the rear-view mirror has been torn from the abyss that lies 

ahead in the windshield.

 

 

 

 

 

[Vertebrae]

At the sub-primary level there are 5 discernible legs within the final primary © wave of the bear. However, the C-wave is either another failure (as was the primary 5th) or else it is convolving further into a multiple zig-zag.
The most probable count is the commencement of a new bull cycle from 21st Sept low, wherefrom impulse minor 3 be afoot and this is a good place for a mid wave pause.
As always, there are alternate counts and all will be revealed in the rear view mirror.

 

Update:  The view given here... https://zacharts.blogspot.co.za/ is undecided but leaning -ve. However, when shopping about there is the view here... https://barestbodkins.blogspot.co.za/ which leans quite hard to the -ve (for the major part of the planet thingy)

Taken with the $gold nosecone and the R/$ action point (that inflict waking up pain when prodded) then there seems to be no need to interrogate further since it will just cloud the shimmering water where the lady of the lake is about to emerge sword first...

[Halfday]

GOLD and VIX down again...  So the party continues on the Titanic...

[Halfday]

If we can't stay over 46065 we are likely to go to 45300

Not in a straight line ... but it's a magnet

Almost spot on with your prediction..How do you do it? Now the market is back to where we started todays open...At the pivot... so it can go any which way I presume...

[Vertebrae]

R/$ target practice... https://zacharts.blogspot.co.za/

[Vertebrae]

 

Hi All is there someone who is using Elliot wave who can please tell me which wave we are in...? It looks to me like there might be a 5th leg down from here especially since it did close above 463....

 

At the sub-primary level there are 5 discernible legs within the final primary © wave of the bear. However, the C-wave is either another failure (as was the primary 5th) or else it is convolving further into a multiple zig-zag.
The most probable count is the commencement of a new bull cycle from 21st Sept low, wherefrom impulse minor 3 be afoot and this is a good place for a mid wave pause.
As always, there are alternate counts and all will be revealed in the rear view mirror.

[Tracer]

Hi All is there someone who is using Elliot wave who can please tell me which wave we are in...? It looks to me like there might be a 5th leg down from here especially since it did close above 463....

[gannet]

Will someone please close the gap properly, I have a fetish about such things especially when my cabbage is getting cold

I've just realized 46450 has a mathematical connection to yesterday's high. A bounce back also closes the gap. Sweet spot!

[Vertebrae]

 

Will someone please close the gap properly, I have a fetish about such thingsespecially when my cabbage is getting cold

 

Yes @ 45800 futrs, go now hurry up