35854 replies to this topic

[Snippit]

In all fairness, maybe its a good idea to look at the wider channel and then a sensible bounce seems to occur at 45200?

https://www.tradingview.com/x/7vZydueE

 

Now I see something that correlates. Thanks

[bullsnbears44]

The reason I pointed it out was because we had a slight difference of interpretation on the shorter time line, and thus i moved to a further timeline in order to create some clarity. I think you failed to follow the entire trail of what we discussed, but thank you for your input.

Not at all. I was simply pointing out that I'm looking at the longer time-frame. I should've made that clearer.

[Snippit]

 

 

Good question. I suppose I am trying to obtain some correlation. I look at the SWIX on investing.com to see if waves are makes any better looking counting than the futures chart.Usually it does,but time consuming. This example suggests the present correction leads to a bull run with some breakout energy...

 

[pointbreak]

Or you could go even further back and say the bounce will only happen at 46K on your chart? That's why it's so important to trade to your time-frame.

The reason I pointed it out was because we had a slight difference of interpretation on the shorter time line, and thus i moved to a further timeline in order to create some clarity. I think you failed to follow the entire trail of what we discussed, but thank you for your input.

[bullsnbears44]

In all fairness, maybe its a good idea to look at the wider channel and then a sensible bounce seems to occur at 45200?

https://www.tradingview.com/x/7vZydueE

Or you could go even further back and say the bounce will only happen at 46K on your chart? That's why it's so important to trade to your time-frame.

[pointbreak]

General equities appear good for rest of 2017. T40 futures appears to have just bounced and created bottom channel...

 

In all fairness, maybe its a good idea to look at the wider channel and then a sensible bounce seems to occur at 45200?

https://www.tradingview.com/x/7vZydueE

[pointbreak]

Ninja, hope you got the bounce.

[pointbreak]

General equities appear good for rest of 2017. T40 futures appears to have just bounced and created bottom channel...

 

How can you be so sure of this?

https://www.tradingview.com/x/IMWAx6KJ

Edited by pointbreak, 02 June 2017 - 11:51 AM.

[Snippit]

Sanity check... although global markets are at all time highs.. alsi has gone sideways for over 3 years now... will break out soon

Trade the ranges... depending on your timeframe

 

General equities appear good for rest of 2017. T40 futures appears to have just bounced and created bottom channel...

 

[Ninja]

Sanity check... although global markets are at all time highs.. alsi has gone sideways for over 3 years now... will break out soon

Trade the ranges... depending on your timeframe

Edited by Ninja, 02 June 2017 - 10:20 AM.

[bullsnbears44]

The US is in shambles politically, economically and socially but the Dow hits all time highs again. Amazing how risk has been completely priced out of the stock markets.

[bullsnbears44]

Let's first wait for the bounce before shorting..... I need to make braai money for the weekend on yesterday's longs first

  Good luck with that. I've added to my shorts.

[Ninja]

Let's first wait for the bounce before shorting..... I need to make braai money for the weekend on yesterday's longs first😅😅

[bullsnbears44]

Will be adding to shorts on this morning's bounce.

[Phi]

Yes. Politicians have an effect on the market.

 

only buyers and sellers impact the market 

politicians effect my mood

[pointbreak]

I prefer reading the chart than news

Yes we going down.... but for now...I'm in for the bounce

Yes, you have a good point, temporary bounce can very easily happen tomorrow.

[Ninja]

I prefer reading the chart than news

Yes we going down.... but for now...I'm in for the bounce

Edited by Ninja, 01 June 2017 - 02:01 PM.

[pointbreak]

Bright green already

should you doubt further... when last did you see a gap like that on the downside?

https://www.tradingview.com/x/N7I91C51

[Ninja]

Bright green already

[pointbreak]

even if that makes you wonder, i think naspers has probably got to return to minimum 50 on the stochastic? not so?

https://www.tradingview.com/x/7iNvfUcc

Edited by pointbreak, 01 June 2017 - 01:32 PM.