31 votes
Plebeian Tribune
Posted 07 November 2019 - 12:15 PM
The Swix 5th Minor wave of the first Intermediate bearish wave of the Primary bearish C wave has just completed an exact (a)=( c) for its bullish [b] wave. The typical probability stance is that the expected retest of the breach of upper channel resistance boundary will fail and the move towards the target will resume.
In the words of the message towed by the bi-plane 'We Shall See"
Edited by Snippit, 07 November 2019 - 12:18 PM.
Little Master
Plebeian Tribune
Posted 07 November 2019 - 10:27 AM
So Mr Snippit, do you think rand going stronger or weaker this week? Or anyone elses opinions?
The long trend is towards oblivion. Short term is fickle but with a threat of sudden weakness. This could be massive and hidden stolen Rand forex deals for a well-known global crime syndicate that owns several banks, but there is a lot of competition happening. The Reserve Bank often fights the crime by injecting massive liquidity, but they often get their timing wrong as well.
Sage
Posted 06 November 2019 - 07:17 PM
Plebeian Tribune
Posted 05 November 2019 - 02:36 PM
Wake up!
JSE, ALSI-Swix Index, JN43
https://jsecharts.bl...index-jn43.html
Plebeian Tribune
Posted 29 October 2019 - 04:22 PM
We also have the mini budgetr speech tommorow and moodies on friday. Think the outlook is going to be changed to negative so should weaken the rand.
Member
Posted 29 October 2019 - 01:18 PM
We also have the mini budgetr speech tommorow and moodies on friday. Think the outlook is going to be changed to negative so should weaken the rand.
~DB~
Member
Posted 29 October 2019 - 01:15 PM
More a double top...seasonals turning down and US and Hang Seng should start running down from here...imo!
Alsi need a final W5 down into November to end this correction!
A
Earnings going still. not yet time for the post eanings drop.
~DB~
The Artist
Posted 29 October 2019 - 11:41 AM
Small IHS printing... Lets see if the break holds...
More a double top...seasonals turning down and US and Hang Seng should start running down from here...imo!
Alsi need a final W5 down into November to end this correction!
A
"Never never never give up!"
Member
Posted 29 October 2019 - 10:17 AM
Small IHS printing... Lets see if the break holds...
Capture.JPG 112.41KB
8 downloads
~DB~
The Artist
Posted 25 October 2019 - 09:49 AM
Pappa bear is here!
A
"Never never never give up!"
The Artist
Posted 23 October 2019 - 04:01 PM
Se
Yip, agree and should conclude 5 waves down then, should then see a move back up towards 50200 fut but another opportunity to sell, agree with Snippet, she is targeting 46k fut in November.
Bigger H&S in the works too!
A
Seems the 49500 futures level very strong support and busy base building, might get one more test tomorrow morning again but then 1000p back up imo!
A
"Never never never give up!"
The Artist
Posted 23 October 2019 - 01:56 PM
~600p HS broke with that gap. Targets 49300 - 49350. That W4 low seems like logical landing to end the C-leg of the short term correction
Yip, agree and should conclude 5 waves down then, should then see a move back up towards 50200 fut but another opportunity to sell, agree with Snippet, she is targeting 46k fut in November.
Bigger H&S in the works too!
A
"Never never never give up!"
Member
Posted 23 October 2019 - 01:52 PM
~600p HS broke with that gap. Targets 49300 - 49350. That W4 low seems like logical landing to end the C-leg of the short term correction
Capture.JPG 82.23KB
13 downloads
~DB~
Member
Posted 23 October 2019 - 01:44 PM
Any idea why its dropping?
Most probably bad earnings..... Facebook took a hit. Macdonalds too yesterday.
Look if people stop buying junk food then there is problems
~DB~
Plebeian Tribune
Posted 23 October 2019 - 12:58 PM
The completion of the 5th leg of Intermediate (A) wave of the Primary [C] wave is projected on the ALSI futures chart where support at the level of the end of leg 3 is translated from the observed action of the Intermediate (A) wave within the Primary [A] wave (excluding the flash spike). The lower target projects the equal legs abc of wave 5 as also foreseeable.
https://jsecharts.bl...si-futures.html
expectare spiraret
Little Master
Posted 23 October 2019 - 12:54 PM
Flip glad have no npn long..crazy drop today..have prx on equities but will ignore them for now..good luck all
Any idea why its dropping?
Sage
Posted 23 October 2019 - 12:29 PM
Plebeian Tribune
Posted 22 October 2019 - 09:51 AM
