31 votes
Master
Posted 15 August 2014 - 01:35 PM
strydomk, on 15 Aug 2014 - 11:22 AM, said:
Jeez K. I sat for two hours yesterday waiting the market to break 45900 only to be spanked right at the end. Dont want to make the same mistake.
She is testing that 170 breakout.. so far holding... I'll re-assess if that fails..
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
Advanced Member
Posted 15 August 2014 - 01:22 PM
Master
Posted 15 August 2014 - 01:18 PM
strydomk, on 15 Aug 2014 - 11:11 AM, said:
Next green candle and I'm closing my long. That 46300 seems unbreakable.
This right shoulder is messing with your mind... 
K
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
Advanced Member
Posted 15 August 2014 - 01:11 PM
Pachycephalosaurus
Posted 15 August 2014 - 12:53 PM
No changes yet...
A break above 46380 futures is still required just to throw some doubt on the gap close.
Bulls need tight stops here. Wave 2 is in a larger abc with c probably = a to come
Africa will never be regarded as adult until all of its organisations stop admiring and protecting criminal dictators.
MSM et al presents (sponsored) opinion as fact and seeks to indoctrinate. Journalists without ethics proliferate in a swamp of filthy lucre (BBC inclusive).
In response to decades of racism by fearful minority whites called apartheid there will be an eternity of racism by revengeful majority blacks called all kinds of excuses.
Corruption is not yet compulsory but it may as well be - Aggressive africanization uses the racist Employment Equity Act as a club.
Too many humans are too busy copulating to bother about the irresponsible, unsustainable and progressively catastrophic population explosion.
Whilst humanity prevails so will evil. Evil will survive and thrive through sophisticated indoctrination and other conscience-suppressing disguises.
Desmond Tutu has been praying for the downfall of the ANC since 2011. Clearly he needs some assistance with such a difficult and worthy task..
Cockroaches still lurk on sharechat because it is prime real estate for their con artistry, duping and grand theft.
Master
Posted 15 August 2014 - 12:48 PM
delta66, on 15 Aug 2014 - 10:39 AM, said:
yes..a classic inv h&s on 5min
Maybe if I take off my glasses.. looks pretty skewed and warped to me!
But it doesn't matter, we going up anyway! 
K
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
"Veni, vidi, vici"
Posted 15 August 2014 - 12:39 PM
yes..a classic inv h&s on 5min
“melior diabolus quem scies”
Master
Posted 15 August 2014 - 12:36 PM
Inverse H & S on the 5 min in the making, could take us to 46,320
Master
Posted 15 August 2014 - 12:34 PM
BlythZ, on 15 Aug 2014 - 10:20 AM, said:
Maybe it is going to test the 34 EMA
Bounces off 34 EMA and lower Bollinger band on the 5 min chart
Master
Posted 15 August 2014 - 12:33 PM
Argento, on 15 Aug 2014 - 10:30 AM, said:
Yip, Minor 3 up of Intermediate V of Major 5 of Primary III.
Change is good minor 3 going to break into 5 minute waves of its own but because they are normally impulsive she can shoot right up!
Last week of August is normally bearish so if we see that new high by next week friday changes are good will see some type of pullback into the end of the month, but IMO next week is going to be a bulltrain up!
Catalyst after that is futures close-out that normally indicates a high, the post roll over drop that happend after the last futures close-out in June was minor 4 down of Intermediate III, so could also be that after the 20th Sept we see minor 4 down of Intermediate V. As minor 1 was 1500ish point in length the wave counts is going to be more or less the same, with minor 3 (currently underway) the biggest, so a 1200 point drop in September fit in perfectly!
But will count the waves as they happen and follow the price....
A
Nice, thanks A
The Artist
Posted 15 August 2014 - 12:30 PM
BlythZ, on 15 Aug 2014 - 10:10 AM, said:
Argento, are we now in Minor 3 of Int V? If so wave 3 is the longest and probably would take us to new highs soon
Yip, Minor 3 up of Intermediate V of Major 5 of Primary III.
Change is good minor 3 going to break into 5 minute waves of its own but because they are normally impulsive she can shoot right up!
Last week of August is normally bearish so if we see that new high by next week friday changes are good will see some type of pullback into the end of the month, but IMO next week is going to be a bulltrain up!
Catalyst after that is futures close-out that normally indicates a high, the post roll over drop that happend after the last futures close-out in June was minor 4 down of Intermediate III, so could also be that after the 20th Sept we see minor 4 down of Intermediate V. As minor 1 was 1500ish points in length the wave counts should to be more or less the same, with minor 3 (currently underway) the biggest, so a 1200 point drop in September fit in perfectly!
But will count the waves as they happen and follow the price.... 
A
Edited by Argento, 15 August 2014 - 12:33 PM.
"Never never never give up!"
Master
Posted 15 August 2014 - 12:22 PM
RBM, on 15 Aug 2014 - 10:19 AM, said:
bull trap
still lots of fuel...just slowing down coming to yield and go sign then full speed ahead...hehehe
Advanced Member
Posted 15 August 2014 - 12:22 PM
Master
Posted 15 August 2014 - 12:20 PM
RBM, on 15 Aug 2014 - 10:19 AM, said:
bull trap
Maybe it is going to test the 34 EMA
Master
Posted 15 August 2014 - 12:19 PM
strydomk, on 15 Aug 2014 - 10:19 AM, said:
Running out of gas a little? Maybe?
bull trap
Advanced Member
Posted 15 August 2014 - 12:19 PM
Master
Posted 15 August 2014 - 12:10 PM
Argento, are we now in Minor 3 of Int V? If so wave 3 is the longest and probably would take us to new highs soon
Member
Posted 15 August 2014 - 11:13 AM
Viva la bull
Markets can remain irrational longer than you can remain solvent – John Maynard Keynes
"Veni, vidi, vici"
Posted 15 August 2014 - 10:58 AM
friday and easy money coming my way...what a beautiful combo, hahaha!
“melior diabolus quem scies”
