35854 replies to this topic

[Qbre77]

good chance for all the way down to 46800 in the next hour

why do u say that?

[RBM]

sorry meant 47150..46950

good chance for all the way down to 46800 in the next hour

[Motion Picture]

75% out at 47094. Looking for re-enty when she dips again.

 

Long again at 46988, 60% exposure. Will add again if she goes further down.

 

Looking for another 250 or so pips. SL (hedge 150 pips south)

[Argento]

The red coats have arrived..the bulls have been enjoying this party just too long...this intermediate IV down is going to get nasty, won't be suprised if we see a 3000 point drop into mid Aug!Believe it or not...

 

Protect your capital and don't jump into longs to soon..!

 

Should go down nicely into end'ish of this week (seasonal bearish) and should get an oversold bounce from there!

 

Will post my 0.382 Elliott target down bit later...!

 

Short it is and holding...!!

 

A

0.382 retracement of intermediate 3!

 

A

Attached Files

•  TOP40 (Intermediate 4).jpg   174.48KB   9 downloads

[Casenova]

sorry meant 47150..46950

Well, We will be testing the 950 level now.

[RBM]

range 46150..46950

sorry meant 47150..46950

[RBM]

range 46150..46950

[Casenova]

I am also convinced of 47400...

Attached Files

•  South Africa 40 Cash (ZAR2 Micro Con (-).png   27.82KB   5 downloads

[Casenova]

She is on resistance

Attached Files

•  South Africa 40 Cash (ZAR2 Micro Con (-).png   15.59KB   10 downloads

[Qbre77]

47400..very possible, macd on 30min starting to confirm along with a few other indicators

she is right on resistance now

[Wingnut]

47400..very possible, macd on 30min starting to confirm along with a few other indicators

Has the market gone completely insane?

[delta66]

H&S on 5 min.

A break above 47205 neckiline will confirm.

Target 47415.

47400..very possible, macd on 30min starting to confirm along with a few other indicators

[grantmu]

ABIL is not in the top 40

no but it seems to be affecting the financials of some of the other companies that are in the 40, sale of elarines

[Qbre77]

ABIL is not in the top 40

[grantmu]

this up swing is due to ABIL, it is up 23 percent

[Wingnut]

The red coats have arrived..the bulls have been enjoying this party just too long...this intermediate IV down is going to get nasty, won't be suprised if we see a 3000 point drop into mid Aug!Believe it or not...

 

Protect your capital and don't jump into longs to soon..!

 

Should go down nicely into end'ish of this week (seasonal bearish) and should get an oversold bounce from there!

 

Will post my 0.382 Elliott target down bit later...!

 

Short it is and holding...!!

 

A

Its about time! Im off to the peanut gallery for now.

[farouk]

H&S on 5 min.

A break above 47205 neckiline will confirm.

Target 47415.

[Casenova]

It seems as if the top 5 companies by weight is rather flat today. I am thinking of taking a short around 47100. Any thoughts?

[Beorn]

ZAR to the rescue!

Beorn did you close your kitchen sink short of last week or are you still holding on?

I have actually been adding @ 47200
Will see if this breaks me or makes me.

[bear catcher]

75% out at 47094. Looking for re-enty when she dips again.

Well done , not to difficult to make mone in this market , just go long as easy as 123.......