31 votes
Master
Posted 25 June 2014 - 02:09 PM
Possible but this drop looks very impulsive and more of a C leg down that normally ends a pull back!
She is outside her 5H lower bollingerband line as well..
So long it is..with a tight stop!!
You've got my interest here, A... What is your stop? ie what is tight in you book?
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
The Artist
Posted 25 June 2014 - 02:03 PM
There is still the breakout target (for a retest) of 45200-ish...
Will she get there?
K
Possible but this drop looks very impulsive and more of a C leg down that normally ends a pull back! 
She is outside her 5H lower bollingerband line as well..
So long it is..with a tight stop!!
A
"Never never never give up!"
Sage
Posted 25 June 2014 - 02:01 PM
There is still the breakout target (for a retest) of 45200-ish...
Will she get there?
K
I think lower, next decent support level is at around 45000
Master
Posted 25 June 2014 - 01:52 PM
Let's see if this support level holds....it should to kick off minor 5 up!
A
There is still the breakout target (for a retest) of 45200-ish...
Will she get there?
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 25 June 2014 - 01:50 PM
Let's see if this support level holds....it should to kick off minor 5 up!
A
HI A, what would be the target for the next wave up? thx
The Artist
Posted 25 June 2014 - 01:46 PM
Sorry, this is minutes 4 down from 5 from 5, intermediate IV ended last year June already!
V, am I correct?
This minutes 4 should be close to bottoming and kick off minutes 5 to end primary III (that also divided into 5)!
This waves structure can be tricky!
A
Let's see if this support level holds....it should to kick off minor 5 up!
A
TOP40 Support.jpg 169.84KB
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"Never never never give up!"
Sage
Posted 25 June 2014 - 01:30 PM
I'm short @ 45685
That is the way beorn ,now that it looks better to be short the gallery want it to go higher, imo we are going down even a slight up move but zig zag down
IG CASH
Master
Posted 25 June 2014 - 01:19 PM
Seems 45 475 is some tough resistance. S@P futures green...wonder whether we might see some bullishness returning later this afternoon. Of course I stuffed it up again this morning...did not listen to my own rules...could somebody just smack me big time pls....
*SMACK* 
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
Silfen Path Wanderer
Posted 25 June 2014 - 01:17 PM
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business. 
The Oracle
Posted 25 June 2014 - 11:49 AM
I'm short @ 45685
Alsi future
I only post my views, not advice
The Artist
Posted 25 June 2014 - 11:11 AM
Going with this final gasp (iii) being in would give 50% retrace of (iii) @45659 (futures) which is also in.
The usual for this being 38.2%, so a little extra salt taken. But that looks like (iv) to me.
If so, hang on.
Thanks
A
"Never never never give up!"
The Artist
Posted 25 June 2014 - 11:11 AM
As far as i can remember Verterbrae called the top at 46490 onThurs19/6. So far looking good but who knows?
Yip, excellent call and was the top of minutes 3 (that divided into 5).
A
"Never never never give up!"
Pachycephalosaurus
Posted 25 June 2014 - 11:05 AM
Sorry, this is minutes 4 down from 5 from 5, intermediate IV ended last year June already!
V, am I correct?
This minutes 4 should be close to bottoming and kick off minutes 5 to end primary III (that also divided into 5)!
This waves structure can be tricky!
A
Going with this final gasp (iii) being in would give 50% retrace of (iii) @45659 (futures) which is also in.
The usual for this being 38.2%, so a little extra salt taken. But that looks like (iv) to me.
If so, hang on.
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.
Member
Posted 25 June 2014 - 10:53 AM
Sorry, this is minutes 4 down from 5 from 5, intermediate IV ended last year June already!
V, am I correct?
This minutes 4 should be close to bottoming and kick off minutes 5 to end primary III (that also divided into 5)!
This waves structure can be tricky!
A
As far as i can remember Verterbrae called the top at 46490 onThurs19/6. So far looking good but who knows?
Member
Posted 25 June 2014 - 10:50 AM
Sorry, this is minutes 4 down from 5 from 5, intermediate IV ended last year June already!
V, am I correct?
This minutes 4 should be close to bottoming and kick off minutes 5 to end primary III (that also divided into 5)!
This waves structure can be tricky!
A
"Veni, vidi, vici"
Posted 25 June 2014 - 10:36 AM
out at loss. expensive lesson. 2 scalps straight after, first in money-second lose ending break even
pathetic 
“melior diabolus quem scies”
The Artist
Posted 25 June 2014 - 10:31 AM
Hi bear,
Kudo's for letting your shorts run!
I believe we are now in intermediate IV down of primary III, so one more wave V up into end July/Aug after this correction for new highs!That should also break up into 5 mini waves and end this bull cycle and kick off the bigger correction (Primary IV of the bullmarket)!
Think US got more business to the downside as well...1925 important level to watch!
TOP40 approaching an inflection point as you can see!Nice pullback after roll-overs that usually happens!
This Elliot stuff very exciting...go V!!!
A
Sorry, this is minutes 4 down from 5 from 5, intermediate IV ended last year June already!
V, am I correct?
This minutes 4 should be close to bottoming and kick off minutes 5 to end primary III (that also divided into 5)!
This waves structure can be tricky!
A
"Never never never give up!"
Sage
Posted 25 June 2014 - 10:30 AM
Support at 45500 and S2 line up somewhat, but other than that we've got freefall below that.
I am not even looking at the ALSI all of this is coming from the FTSE, look for the support systems on the FTSE, it will not be 100 percent accurate but may offer possible solutions.
Sage
Posted 25 June 2014 - 09:59 AM
Is this bear weakness I see, is there a retreat to the caves, or are they just waiting for reinforcements.
