89 replies to this topic

[salam]

Short at break -even stop

 

may flip back long!!!

Edited by salam, 10 August 2017 - 12:36 PM.

[salam]

Covered @ 2448 Flat 32 points locked in Stop on covered long on lowof the day...thats me done for the day

 

I have a feeling they will want the dow above 22K

Edited by salam, 10 August 2017 - 12:53 PM.

[SemiBizz]

Oops... new low 6218 next...

[SemiBizz]

OK so ultimate target now is still 6193, but we should get buyers now at 6218....

 

Now let's see if they come crawling out of the sewer and buy the chips...

[SemiBizz]

Number to test is 6218.78...

 

I was way off so far eh ...

 

6219.47 Low.

 

They snapped them up before they could test...

[SemiBizz]

6218.78 previous reference candle low tested...

6193-94 Confluence of 3.14X Fibonacci and gap fill NEXT

 

[SemiBizz]

As long as this decline continues, volume-based price targeting and Fibonaccis are going to rule...

 

And since there's no resolution to this "end of the World" event.

 

It's not going to stop.

 

Unless there is a miracle.

[SemiBizz]

See the beauty of it, is after 6193, I'm not done, there's more of the script...

 

It's all in the chart...

 

So I know where it's going to hang up all the way back to 1265 Nasdaq, it's all documented...

 

I don't have to think

 

I have 8 1/2 years of daily forecasts I can access...

 

So this can open anywhere tomorrow, and I just dial it in by price and date.

Edited by SemiBizz, 10 August 2017 - 02:56 PM.

[kaiser soze]

NVDA broke decisively below 165.50 and closed below.  JPM closed below morning lows. Bad news for the market intermediate term.

[SemiBizz]

Well, well now we get to see NVDA...

 

Bit of a trash heap here for Nasdaq...

 

Closed UNDER VOLUME SUPPORT...

 

Nothing left to do now but hug that 3.14X Fib like a piece of pie... red pi, strawberry rhubarb perhaps.... 6193 here we come.

 

And after that... well... that's for my people.