46 replies to this topic

[relax]

bottom of wedge broke down on turkey news, should be a fake break down...maybe a fake break down followed by a fake break out....maybe a new high in ES and non confirmation in RUT on monday/tuesday ;-)

[iloli way]

bottom of wedge broke down on turkey news, should be a fake break down...maybe a fake break down followed by a fake break out....maybe a new high in ES and non confirmation in RUT on monday/tuesday ;-)

 

What did I type in last ES chart? "...ready for RO4 BD/BO..." - BD first then BO to new high; ready not maybe, but when maybe turned true 10 days later it's as good as any predictions relax, good read. You know why I never give time of happening, i hardly can predict time why bother.

 

Today RUT went as high but reversed at get-go and closed below 1214.33 again as during the whole Consolidation BOX that lasts as long as my vacation... are good old boyz still on floating somewhere?! Mine is about done, i'm too small a shrimp/shrimp egg to be floating too long anywhere.

 

Edited by iloli way, 25 July 2016 - 05:00 PM.

[relax]

so what now iloli.....i am thinking something similar to end of march.....maybe a top around mid august....

[iloli way]

so what now iloli.....i am thinking something similar to end of march.....maybe a top around mid august....

 

Yes tell us when the fat lady couldn't quite do it herself

 

Not much for me to say as said already, is there?

 

[iloli way]

DON'T LET ME DOWN

 

 

Yes sir didn't let me down and BO above green BOX 1214.33 yesterday when my vacation ended! (so i am one of the big boyz afterall...?)

 

So RUT can give us a lead?!

 

UPside need touch Blue Line of the Bearish Blue Broadening formation. (changed color from prev red lines)

 

Local Red bearish wedge.

 

(text colors correspondent to chart line colors below)

Edited by iloli way, 27 July 2016 - 02:40 PM.

[iloli way]

Thanks for the vacation Post! Love your work. I've found Trend Lines to be some of the most powerful TA tools.

BTW I'm looking for R2K to be the weakest here.

Per Mike Burk:

"Average returns for the coming week have been negative by all measures and weaker during the 4th year of the Presidential Cycle than other years."

 

Thanks RD, u r the one indispensable here, love your work too.

 

Hope Mike is right, 2 tds left no dip in whole July YET!

Edited by iloli way, 27 July 2016 - 02:51 PM.

[iloli way]

 

DON'T LET ME DOWN

 

 

Yes sir didn't let me down and BO above green BOX 1214.33 yesterday when my vacation ended! (so i am one of the big boyz afterall...?)

 

So RUT can give us a lead?!

 

UPside need touch Blue Line of the Bearish Blue Broadening formation. (changed color from prev red lines)

 

Local Red bearish wedge.

 

(text colors correspondent to chart line colors below)

 

 

RUT cash today closed chart: when most are in mercy of news event, you need only price chart, period.

 

Bear case: poised to BD local red bear flag.  Lower than 1197 will trigger series of downside gap-fills. Larger Blue Bearish Broadening Wedge targeting to 1083 or BD that to even lower prices.

 

Bull case: framed to BO to touch Blue Upper TL, a BO of that TL would target ATH!

 

Edited by iloli way, 28 July 2016 - 04:02 PM.

[iloli way]

 

Bear case: poised to BD local red bear flag.  Lower than 1197 will trigger series of downside gap-fills.

 

Have a great wknd.

 

[iloli way]

 

Bull case: framed to BO to touch Blue Upper TL, a BO of that TL would target ATH!

 

LOL! thought i was joking?

 

head i win, tail u lose ..

 

whatsoever we'll have a great one !

 

 

 

[iloli way]

RIPE FOR PICK!

 

BULLS MUST NOT BE POMPOUS forever !

 

Edited by iloli way, 30 July 2016 - 12:12 PM.