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Longs better look around

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#1 opinionated

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Posted 23 October 2016 - 09:01 AM

Until this changes longs are about to get a big surprise IMO

 

http://stockcharts.c.../dpgallery.html

 

 

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#2 opinionated

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Posted 23 October 2016 - 09:44 AM

Not looking at doom an gloom but am looking for a quick shot down this week.... with a fake bottom meaning a shot to 2090 +/- 5pts then a trade able bounce that fails.



#3 AChartist

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Posted 23 October 2016 - 11:43 AM

They better quit screwing around with karma.

 

RUT weekly is awful. I cant say it doesnt horse around 2 more weeks then

 

initial leg down. The the crash wave looks like inauguration to April.

 

I have set up accordingly with more to do. I would say Nov 7 is a short term short

 

appropriate for UVXY calls. Then Inaug to April is the longer term short and hold.

 

I have face ripping gold run starting in 4-5 weeks but a shorter term gold bounce next week too.


"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan