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.
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~
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!"
Posted 29 October 2019 - 10:17 AM
Small IHS printing... Lets see if the break holds...
~DB~
Posted 25 October 2019 - 09:49 AM
Pappa bear is here!
A
"Never never never give up!"
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!"
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!"
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
~DB~
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~
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
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?
Posted 23 October 2019 - 12:29 PM
Posted 22 October 2019 - 09:51 AM
Posted 22 October 2019 - 09:33 AM
ok, so far so good. If we going to get c=a then i expect 49435ish for this abc correction
Think she is still busy with the B leg so C leg down should soon commence down towards your target, very choppy action and normally bearish!
Seasonals turn down into end of week from today!
A
"Never never never give up!"
Posted 21 October 2019 - 01:22 PM
https://jsecharts.bl...-swix-jn43.html
Posted 21 October 2019 - 09:26 AM
Should get a rather flat abc looking at a leg. I expect c=a for this one. That puts it right back at the big IHS neckline like we would expect
We know odds are good we will get more greens until the end of the earnings season end of the month. Then the big post earnings drop comes for those deep Lows.
Usually when the banks report beats in the start of the season then it will be a green overall season. Sets the tone of general economic health.
ok, so far so good. If we going to get c=a then i expect 49435ish for this abc correction
~DB~
Posted 18 October 2019 - 05:28 PM
Should get a rather flat abc looking at a leg. I expect c=a for this one. That puts it right back at the big IHS neckline like we would expectThe AI bot must have read up on the Elliott wave theory. It interprets the effects of crowd behavior in humans. Looks like the bots are being played by the AI ringleader.
Another leg up will make a better looking abc for this b-leg.
Edited by ~DB~, 18 October 2019 - 05:30 PM.
~DB~
Posted 18 October 2019 - 04:22 PM
Nice EW waves playing out here.
seems the a-leg completed. in B-leg pullback now. Could go 100% back to W5 high and make a DT, but not higher. Typically 61.8%.
The AI bot must have read up on the Elliott wave theory. It interprets the effects of crowd behavior in humans. Looks like the bots are being played by the AI ringleader.
Another leg up will make a better looking abc for this b-leg.
Posted 18 October 2019 - 10:43 AM
Nice EW waves playing out here.
seems the a-leg completed. in B-leg pullback now. Could go 100% back to W5 high and make a DT, but not higher. Typically 61.8%.
~DB~
Posted 17 October 2019 - 06:13 PM
Brexit euphoria is a total crock. But the fundamentalists have priced this in. Earnings euphoria is a total crock, but fundamentalists know everything because the FED has got their back since capitalism was raped incoherent and permanently brain damaged starting 2007 already. No sweat my drug addicted cohorts, now we march onward to higher highs, drugger drugs, fouler foulings...
Posted 17 October 2019 - 04:58 PM
Nice call, pulled back nicely!
But think we poised for a higher high tomorrow, don't think the IHS target been met yet..but who knows!Could get a good whack thereafter...
A
Only after abc correction... maybe then. IBM reported a miss, so could get a mid small correction in US. This is in line with what i expect for ALSI. Seems to be happening as i write.
~DB~