65 replies to this topic

[iloli way]

You name it, all poised to BO !! following up my last weeks forecasts.

 

unless 'you know who' smashes it, charts later..

[iloli way]

Oil :

 

 

Posted 22 January 2016 - 01:30 PM

BINGO!

Target just got taken out.

 

VST profit taking on peak of a rising wedge is not hard to expect, but...

 

when you see a local bull flag forming during this pull back, watch out for new BO!

 

 

That's http://www.traders-talk.com/mb2/index.php?/topic/163148-squeezing-oil-es/?p=739634 my last post on oil. Since then, three not just one bull flags formed despite all bearish news/noise. Now it has a NEW BO above 32.18 and 32.73.

 

[iloli way]

 for those into details, 3 flags formed over weekend til now: just beware most BOs get back tested first before advancing to next target.

 

[iloli way]

ES:

 

BO of 1875 targeting "8 BALL" 1945 - posted in chart here: http://www.traders-t...-1838/?p=739471

 

 

Posted 22 January 2016 - 08:17 AM

 

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

 

Posted 22 January 2016 - 10:29 AM

 

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.

 

 

The last quote was commenting the anticipated pull back so far this week; retesting as low as 1851; now last check ES 1902.

 

Next I'll post the "Down Trend Changed" condition - BO of yellow shadow - it just did after I started this thread:

 

http://www.traders-t...-1838/?p=739631

 

Posted 22 January 2016 - 12:45 PM

 

I need also post this trend changing structural chart here to keep this thread wholesome. BO of 1875 is BO of the Red Trend Body in chart. But now the real trend change hinged on Yellow Shadow BO, it's clear.

[iloli way]

ES Down Trend Changed http://www.traders-t...anged/?p=739626

 

 

See how Red Body was tested by a Sickle and snapped UP. See how Yellow Shadow was broken out by a bull flag, and forming another local bull flag as I type: now I need a bask test of yellow line !

 

[iloli way]

Looks like you know who just smashed it. I don't know the news just looked at 1min actions now minutes after my last chart screen shot.

 

LOL!

[iloli way]

Crude just BO the local bull flag AND the 32.18 again, after Fed !!

 

[iloli way]

Supports: purple tl; red body line... one at a time; if two blue lines underneath lost, then this squeeze rally A DEAD CAT.

 

[iloli way]

Amazing, I was allowed time to put on text and post it too! LOL!

 

[iloli way]

Well. if 'they' can FO the top bull flag, why can't the bottom bear flag ?

 

I am taking a fake time out, that's all i know... lol!