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Internals Leading Price in This Pullback?


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#1 redfoliage2

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Posted 14 November 2017 - 03:20 PM

http://stockcharts.c...id=p38533038864


Edited by redfoliage2, 14 November 2017 - 03:21 PM.


#2 redfoliage2

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Posted 14 November 2017 - 03:30 PM

If internals leading then we should see more downside on indices to SPX 2535-40.


Edited by redfoliage2, 14 November 2017 - 03:34 PM.


#3 q4wer

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Posted 14 November 2017 - 03:41 PM

Heart beat exercise tomorrow morning another time. Gap Down :)



#4 fib_1618

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Posted 14 November 2017 - 04:07 PM

Weekly...why not daily??

 

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#5 redfoliage2

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Posted 14 November 2017 - 04:21 PM

Here is the daily:

 

Because of internals leading the weekly to me looks more reliable.

 

Here is the weekly:

 

 


Edited by redfoliage2, 14 November 2017 - 04:27 PM.


#6 redfoliage2

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Posted 14 November 2017 - 04:37 PM

From that weekly it looks more downside to go ............



#7 q4wer

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Posted 14 November 2017 - 05:28 PM

We are going to make a low on Thursday like last week, and then a holiday rally starts. Tomorrow will repeat what we had today.  Thursday will be a hard down day, my FF.


Edited by q4wer, 14 November 2017 - 05:28 PM.


#8 da_cheif

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Posted 14 November 2017 - 05:58 PM

nutz again......wheres da crash? es lows   10/25 2558.50   11/02  2562.25  11/09  2563.25   11/14   2564.25.....series of rising bottom eh?



#9 redfoliage2

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Posted 14 November 2017 - 06:27 PM

We are going to make a low on Thursday like last week, and then a holiday rally starts. Tomorrow will repeat what we had today.  Thursday will be a hard down day, my FF.

This pullback is unlikely done in just one week.   My experience is that after the MACD signal line (the histogram bars) crosses down the zero line, we usually had 2 to 3 hard down weeks.   There are more gap downs then gap ups during those weeks, and they can be big.   


Edited by redfoliage2, 14 November 2017 - 06:31 PM.


#10 q4wer

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Posted 14 November 2017 - 07:06 PM

ES crashed 5 points at 7 PM EST


Edited by q4wer, 14 November 2017 - 07:08 PM.