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Nasdaq Still Holding Under 6371 Fib Resistance

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#21 alexnewbee

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Posted 08 August 2017 - 02:38 PM

6371 looks DONE...
 
New lows for Nasdaq on the day...
 
That little box I drew for today...?
 
Looks good, don't it?
 
yes.gif

Looks beautiful.
But let's see what tomorrow brings.
"we do G.d's work" Lloyd Blankfein

#22 SemiBizz

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Posted 08 August 2017 - 02:38 PM

Boy if this closes under 6313 today, it's going to be LIGHTS OUT for awhile...

 

pop.gif


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#23 salam

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Posted 08 August 2017 - 02:54 PM

Boy if this closes under 6313 today, it's going to be LIGHTS OUT for awhile...
 
pop.gif


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#24 salam

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Posted 08 August 2017 - 02:55 PM

Took 1/3 profit at 71...in case they ramp it back up in the morning....but I doubt it
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#25 SemiBizz

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Posted 08 August 2017 - 03:03 PM

Trump Threatens North Korea With "Fire And Fury Like The World Has Never Seen Before

 

And Nasdaq closed under 6371,  just barely...

 

THE POWER OF FIBONACCI !!


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#26 salam

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Posted 08 August 2017 - 05:16 PM

Trump Threatens North Korea With "Fire And Fury Like The World Has Never Seen Before
 
And Nasdaq closed under 6371,  just barely...
 
THE POWER OF FIBONACCI !!


I'm not sure what my future holds... But I know who holds it.

#27 salam

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Posted 08 August 2017 - 05:17 PM

Asias reaction overnight may be very telling. Not sure night monkeys will be able to keep it up for long premarket tomorrow.

Long above 2475; short below
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#28 salam

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Posted 09 August 2017 - 04:49 AM

Half short position now from SPX 2480 having taken some more profit at 2465 this am.... 15 and 9 swift points bagged and tagged.

 

I will add on any pop up this am 2475 should hold...at least for the next 2-3 days


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#29 SemiBizz

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Posted 09 August 2017 - 07:57 AM

Nasdaq is all set to test 6300, on the way to the gap fill target at 6193...


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#30 SemiBizz

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Posted 09 August 2017 - 08:45 AM

See, I  saw this coming in my forecasts... this 3.618 was bound to be tough...  I mean that's already extreme...

 

Nasdaq just made a new low, and there's really nothing underneath 6300

 

Nasdaq traded exactly 5 days total in that range from 6200-6300

 

There's no structure underneath 6300, not until we get to 6193


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Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/tradingcoach1