When all the shortcovering is done as most of the indexes make new Alltime highs , we will see some sort of marketdecline,count on it.
SOON,
#1
Posted 04 January 2017 - 11:45 AM
#2
Posted 04 January 2017 - 12:32 PM
around 10th of Jan
#3
Posted 04 January 2017 - 12:41 PM
the RUT daily merely looks like a short correction low at 26 to 32 days away in middle of Feb
it can right translate some more time probably ok until inauguration then for end of month seasonality.
I was able to find some good stock charts to buy low are working for now.
"marxism-lennonism-communism always fails and never worked, because I know
some of them, and they don't work" M.Jordan
#5
Posted 05 January 2017 - 09:41 AM
around 10th of Jan
May not need to wait that long. The day is coming sooner...........
Edited by redfoliage2, 05 January 2017 - 09:41 AM.
#6
Posted 05 January 2017 - 09:57 AM
around 10th of Jan
May not need to wait that long. The day is coming sooner...........
could be. but I feel they want that 20 k story and some time for it.
well, as for the date I have a period from 6 to 12 for a turn. Price should tell it as well.
time will tell.
#7
Posted 05 January 2017 - 10:27 AM
FWIW, there is a RH&S on the SP00s... looks to carry upward to the ~2310 range if it plays out... time will tell.
Link to SP00 240-min chart: https://postimg.org/image/41ilkl9ll/
#8
Posted 05 January 2017 - 11:10 AM
#9
Posted 05 January 2017 - 11:15 AM
FWIW, there is a RH&S on the SP00s... looks to carry upward to the ~2310 range if it plays out... time will tell.
Link to SP00 240-min chart: https://postimg.org/image/41ilkl9ll/
No inverted H&S seen from your chart. I guess it's just your projection. SPX made a lower high and was rejected from the trend line resistance. Now I'd expect a lower low........
Edited by redfoliage2, 05 January 2017 - 11:25 AM.
#10
Posted 05 January 2017 - 11:04 PM
Not until nearer to end of month, is my take.
$ about to resume climb.
Bonds about to resume tankage.
Along with non $ fx and PMs.
Moreover, if and when we do see an IT turn, it will be a correction, not a top.
Tradeable correction though. Quite.