35854 replies to this topic

[Polly]

Thats a 22 point head and shoulders juts playing on S & P cash to target +-2722..Worth about 400p on ig cash

Edited by Polly, 11 October 2018 - 09:06 PM.

[Snippit]

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

 

Agree, I was starting to see this period as a rare exception to the seasonal pattern. Its got to be sharp now so as to fit into the remaining time-frame.

[Argento]

Good golly Miss Molly .............. I stick my nose in here and who do I see !!!!! or should that be ????
 
All well with you A? Great to see you haven't lost your Midas touch.

Lekker Gannit, hope all is well with you too!

Interesting times...

A

[Argento]

holding overnight. Playing nicely

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

[Polly]

200ema on S&P daily was the support at opening. Tested and bounced big....retested and now broke.

 

Bears piling in in US now

[Polly]

Typical bear market rally on US...Im short at 45950 with 300 stop

holding overnight. Playing nicely

[Polly]

Typical bear market rally on US...Im short at 45950 with 300 stop

[gannet]

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

 

Good golly Miss Molly .............. I stick my nose in here and who do I see !!!!! or should that be ????

 

All well with you A? Great to see you haven't lost your Midas touch. 

[Snippit]

The ALSI appears to have a case of C = A following an extended dose of the runs...

 

https://jsecharts.bl...-alsi-j203.html

 

 

and alternatively...

 

[Snippit]

Just another dark day in the history of the markets. The warning signs have been in everyones face. Look at that weekly divergence on the RSI. Nothing unexpected here...

Except this wasnt supposed to happen until mid December. You simply cannot trust a bankster nowadays.

 

https://wavecount.bl...dex-weekly.html

 

[Argento]

Yeah and i thought today was the big bounce...closed my short fist thing when market opened...missed +-1000p

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

[Polly]

My flush date was out with a day!If we close below the weekly 200ma next two days going to be a mudslide!The sideways pattern calling for lower 45k range to be tested.

A

Yeah and i thought today was the big bounce...closed my short fist thing when market opened...missed +-1000p

[Argento]

being the beast it is, i would at all not be surprised if it bounces 2000p in one day...so damn heavily oversold

My flush date was out with a day!If we close below the weekly 200ma next two days going to be a mudslide!The sideways pattern calling for lower 45k range to be tested.

A

[Polly]

but the key is the lower lows it continuous to make

[Polly]

being the beast it is, i would at all not be surprised if it bounces 2000p in one day...so damn heavily oversold

[Snippit]

my target remains 44000 later this month

 

For J200 your 44000 target is 6.6% away.

Foe Alsi C = A thats 3.3% away.

For Alsi C= 1.62A thats 13.5% away.

 

This correction is headed for an order above the Primary degree or a deep 2nd Primary wave.

The US markets are heading into the end game of their bull run from 2008/09 and even a small % correction will be a heavy drag everywhere.

This imagery makes the chance of a mere 13.5% further downside appear like a let off for the unloved deadbeat ALSI.

[Polly]

and entry for long on 5 min..long @ 47200

 

 

amd confirmed long signal at +-47033 for 300p at least

and closed both at47200 for a few

[Polly]

ALSI breaks down from descending wedge and reaches for a double bottom. But for C = A this is only part way.

my target remains 44000 later this month

[Polly]

amd confirmed long signal at +-47033 for 300p at least

[Snippit]

ALSI breaks down from descending wedge and reaches for a double bottom. But for C = A this is only part way.