The SMI is poised to turn otherwise its going to make an awful mess of this most elegant chart...
https://jsecharts.bl.../smi-swi20.html
Posted 16 October 2018 - 11:19 AM
The SMI is poised to turn otherwise its going to make an awful mess of this most elegant chart...
https://jsecharts.bl.../smi-swi20.html
Posted 16 October 2018 - 10:41 AM
Downtrend still intact so ignore the above, seems like that W5 down came to pass afterall!
A
agreed....That inverted head and shoulders negated.
IM short from 46500 cash yesterday....target 45800 today and maybe 45500
Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”
Posted 16 October 2018 - 10:00 AM
For those who missed the ALSI green express she gave a second change with the gap closing ceremony this morning, seasonals (earnings run) up from here till around last week of October!US should also start moving up from tonight....
But..longer term charts and top formations say we going back to the 41k support levels around end of year early next year!
So for ALSI and Naspers this bounce coming a change to get out of longs or in medium term shorts!
Chicken are coming to roost on all markets or should I say bear...Asia leading the way!
A
Downtrend still intact so ignore the above, seems like that W5 down came to pass afterall!
A
"Never never never give up!"
Posted 15 October 2018 - 02:15 PM
For those who missed the ALSI green express she gave a second change with the gap closing ceremony this morning, seasonals (earnings run) up from here till around last week of October!US should also start moving up from tonight....
But..longer term charts and top formations say we going back to the 41k support levels around end of year early next year!
So for ALSI and Naspers this bounce coming a change to get out of longs or in medium term shorts!
Chicken are coming to roost on all markets or should I say bear...Asia leading the way!
A
"Never never never give up!"
Posted 15 October 2018 - 07:25 AM
If the ALSI obtains influence from the Rand then what is the USD/ZAR looking like?...
https://jsecharts.bl.../usdzar_15.html
Posted 14 October 2018 - 08:20 AM
Posted 14 October 2018 - 07:33 AM
Not so sure just yet. Closed shorts not wanting to hold over the weekend. I might regret that but sometimes one needs to play a defensive game
Maandag is nog 'n dag.
Oil struggling. That might be a sign that there's more downside
Posted 13 October 2018 - 07:20 PM
Posted 12 October 2018 - 06:14 PM
Ja, so much for that W5!US should follow the ALSI tonight with a 3% up move, and Asia should also follow pushing us higher come Monday!
Bulls are back until at least 50k fut!Seasonals taking over....
A
Not so sure just yet. Closed shorts not wanting to hold over the weekend. I might regret that but sometimes one needs to play a defensive game
Maandag is nog 'n dag.
Oil struggling. That might be a sign that there's more downside
Posted 12 October 2018 - 04:58 PM
mmm i wont short this now...An inverted head and shoulders broke out at cash 46800 ( safex 47400)for about 1100p . Rather wait for US to open to see if fake
"Never never never give up!"
Posted 12 October 2018 - 02:52 PM
Thats a 22 point head and shoulders juts playing on S & P cash to target +-2722..Worth about 400p on ig cash
seems like this was the market maker flush out of longs quickly and then a reset.
Alsi as well....went to previus low way back, flushed out the longs stops....and now reset. Think back to upside from now
Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”
Posted 12 October 2018 - 02:08 PM
Such an impulsive drop and outside her daily lower bb signals a low of some sort!
My take that 2000p bounce is coming up, earning season is starting, also counting 5 waves down on the US!
A
Up 1000p already.Will today be that 2000p
Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”
Posted 12 October 2018 - 01:47 PM
mmm i wont short this now...An inverted head and shoulders broke out at cash 46800 ( safex 47400)for about 1100p . Rather wait for US to open to see if fake
Edited by Polly, 12 October 2018 - 01:49 PM.
Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”
Posted 12 October 2018 - 11:10 AM
Ah sorry man, thought you took profit with that US dive last night!But see you already made it up you machine!
Hope your shorts are in for this killer impulsive w5 down, should feel like the markets are crashing and then you buy!
Looking for around 45100k fut, but she could go lower!
A
I like your target A. That fits nicely from the Aug high even considering the different contract prices. An overshoot could go to 44600 or even 44000
Posted 12 October 2018 - 09:59 AM
You were right Argento. Woke up this morning to see my trade gone.Stopped for 300 loss
"Never never never give up!"
Posted 12 October 2018 - 09:31 AM
bear market rallies.....short any bounce is the play
Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”
Posted 12 October 2018 - 09:29 AM
went short @46800
and out at 400
Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”
Posted 12 October 2018 - 09:28 AM
went short @46800
Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”
Posted 12 October 2018 - 07:45 AM
My take we should see 47k fut (46500ish cash) first before the final whack down, need a choppy w4!
These type of corrections always makes 5 waves down, only count 3 down, next week we have a cycle bottom so time is running out!
A
You were right Argento. Woke up this morning to see my trade gone.Stopped for 300 loss
Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”
Posted 11 October 2018 - 09:08 PM
Thats a 22 point head and shoulders juts playing on S & P cash to target +-2722..Worth about 400p on ig cash
played like a charm in 10 min and bounced off target
Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”