35854 replies to this topic

[delta66]

this is war gentleman...a currency one!  more distortion coming

[bear catcher]

MY crystal ball on fire we just reached 44000s !!!!! Go Bear !!! Should have kept my short from 47150 of yesterday luckily got in again.No bounce to be expected tomorrow

[segie]

All this upward failures spells a possible big drop to come

Cheers to the drop! :-) Trade well

[Argento]

Insane!!

 

A

[delta66]

...i should of been very greedy

[delta66]

no pos atm but targets on a weekly S2 wouldn't surprise me @all

[delta66]

hiya S3..not greedy. closed all on support.

 

 

watching and waiting

[delta66]

15m tf..price hasn't yet seen a second candle break of ema21 - its bear heaven

[Motion Picture]

lets see..price should test major support again - internationals still shedding blood

 

ag, she must just move up already!

 

Argento, please tell the guys at UBS to just start buying now 

[delta66]

lets see..price should test major support again - internationals still shedding blood

[Vertebrae]

For c = 2.618 a the other gap closer Fibframe targets 44300ish

[Vertebrae]

The abc from high of 5th has c = 1.618 a with todays open dip

puts 46500 futures in the gap closer Fibframe

 

[bear catcher]

Eish now I am getting a long feeling,rather gonna have a beer and wait for US open.

[Argento]

wevehit our daily S3 support on several of our main shares ( or nearly on others) and USA markets now at their S1 level only (S&P500) so we could be preempting them  ----  S3 levels very overstretched and indicative of big news item ( which suggest three day effect before bounce and good entry then on change in direction) or over reaction (PS: people probably said this in 2009 to and three weeks later still waiting for entry)

Still needs that gap to close around 44750...could very well signal the low but until October going to be up and down!

 

But major buying opportunity coming up over that timeframe!

 

A

Edited by Argento, 12 August 2015 - 01:09 PM.

[Motion Picture]

Lightning speed if you taking some longs ! hectic day

 

Nice one Denr!

[denrandgroup]

She bounced right on the 88.6% " Fibonacci " retracement from recent low(28 july) to high(Aug 5) on the daily. Thats a key level (45360 Cash) to watch if we get any further weakness.

Attached Files

•  fib 88.6.JPG   64.78KB   16 downloads

[denrandgroup]

Lightning speed if you taking some longs ! hectic day

Attached Files

•  sa 40 12 aug.JPG   11.53KB   16 downloads

[OceanWalz]

juicy place for a small longie here. Major support holding so far.

wevehit our daily S3 support on several of our main shares ( or nearly on others) and USA markets now at their S1 level only (S&P500) so we could be preempting them  ----  S3 levels very overstretched and indicative of big news item ( which suggest three day effect before bounce and good entry then on change in direction) or over reaction (PS: people probably said this in 2009 to and three weeks later still waiting for entry)

[Argento]

A    IMO feels like the big drop has started with the weakening of the Yuan the markets were just looking for any catalyst to catch us off guard !!

  

ps  remember down on Wednesday worse on Thursday (if close around the lows of the day big chance it will be worse tomorrow)

US futures in the toilet again  

Yep!

 

Not following the usual seasonals this time around and markets ignoring the bullish/bear spread so nasty drop this...could very well stay here and go lower until next week before some relief....just interesting that on both the 5H and daily macd she is building postive divergence, could be we are seeing a huge bullish flag in the making but is more on the longer timeframe...for now bears got the bulls by the throat and lower levels to be expected!

 

Yesterday she pierced the middle weekly bb again and was a good short play...but hindsight can be a bugger!Either this is a flat Major 2 or morph into that Primary IV that is on the table!

 

Just interesting that the Transport index has started rallying back up with her macd being oversold as in 2009..could have more bullish implications for the DOW but again on the longer timeframe!Caldaro wrote a nice piece on that on his weekend update! www.caldaro.wordpress.com

 

A

Edited by Argento, 12 August 2015 - 11:17 AM.

[Motion Picture]

deeply oversold on multiple resolutions..could go down a bit more if looking at "daily" but should base around current levels @very least on hourly/30m/15m/10m/5m

 

juicy place for a small longie here. Major support holding so far.