20 replies to this topic

[iloli way]

Now let me talk about why I put 1829.5 the bottom thin red horizontal line on the chart? I put it there right after it became that night's low.

 

Move your eyes slowly L to R on this line and try to see what I see like I was watching and trading the chart in real time yesterday.

 

Do you see these 'price point'?

 

A gap down, a bear flag gap-fill, two back tests and then launch the rest of the "V" reversal up. 

 

Just sharing.

[iloli way]

Getting close to 'sell the spike' (vs BTFD) time again.
 

Just STL and have a good day. (Swing Those Lines)

 

 

Of course RH market can resume sell-the-spike recent routine again, that's inertia, a judgmental wishful thinking but not chart reading. Pure TA chart reading from LOL influenced by NO noise whatsoever!

[iloli way]

Forecast RUT and ES, they move in sync momentarily.

 

( when you read these in retro, be aware these posts and comments are in REAL time, only minutes apart from these screen shot charts, another words, I am not doing archaeologic study; I am making LIVE forensic reporting as all my postings always are)

 

ES: STL between Yellow slop line and 1875 after my last post, must BO to avoid more selling.

RUT: mulling the 1010 line to BO, bulls really need to BO that line.

 

(follow the live streaming chart for results)

 

 

 

 

 

[iloli way]

BINGO! BO!

 

[iloli way]

Before reaching targets, a bearish rising wedge could form if lack of momentum, before that, this BO could even turn into FO.

 

Making turn and fighting inertia simultaneously requires high skill and torque and FUEL.

Edited by iloliway, 21 January 2016 - 12:54 PM.

[no_mind]

iloli,

    I love your posts. Here's something I'm looking at.

 

Edited by no_mind, 21 January 2016 - 05:02 PM.

[iloli way]

Good to see you post too my friend.

 

See your red wedge inside this bigger blue bearish tilt flag up to moment? Add a dotted line shows yesterday is a triangle consolidation day - no conviction but with up bias. The little bear trap reveals the reassurance from bigger players to continue this BO trend. For VST, watch for top Tilt TL as we are approaching that Pavlov STS sell the spike RH regular hour open again.

 

[iloli way]

Here and now! what a busy day!

 

For VST, watch for top Tilt TL as we are approaching that Pavlov STS sell the spike RH regular hour open again.

 

Most important, DON'T LOOSE SIGHT OF THE "BO TARGET" 8 BALL called yestrday!

 

Edited by iloliway, 22 January 2016 - 10:21 AM.

[iloli way]

Saying a tilt flag 'bearish' is only based on its tilt direction. BO direction tho depends on the continuing force. Right now got rejected right on cue at upper TL, but a BO upward is expected when continuation persists.

[iloli way]

BINGO! BO!

 

 

Time to check credit and update, adding more circles sine last update AT my old LINES see how price reacts ACCORDINGLY AT SWING THOSE LINES "price points".

 

Showing you now the Blue rising wedge foretold yesterday. The 1894.25 red level started way back in 30min chart go check if you forget. These two lines plus the Pavlov 'brain muscle' memory of sell the overnight spike, provide target retreating reactions.

 

Look at the lower TL of rising wedge, it intersects the yellow BO line 1875. With local bull flag taking shape to reach that level, consequently can launch another bounce to surpass interim HOD - which already showed a BO of said rising wedge, even in bear case that it's a FO and the 1875 lost again by EOD, still that alone concludes NOT the rally is over (to lower low than 1/20's) only in VST more retesting of old lines below likely underway. 

 

 

 

so take some pocket money first always good...

ES retracing my 1894.25 line

 

Posted in another thread at the open 6:33 AM and now, see the Green arrow placed at 1894.25 anticipated ahead of price arrived there? That's how LOL works!

 

Edited by iloliway, 22 January 2016 - 12:31 PM.