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#11 K Wave

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Posted 04 April 2018 - 06:27 PM

I've been a tape watcher for years and just had a feeling if we go green today by the close of which was huge I think at least for this week we've seen the bottom.  Could change by next week but it was obvious today they wanted to buy it so we'll see!

Today felt eerily familiar to election....everyone was absolutely sure Trump was going to crash the market, and then lo and behold, the overnight losses got entirely erased, and ended with a big gain, trade war or no trade war.....

 

I am in your camp, today felt like at least a good swing bottom....


Edited by K Wave, 04 April 2018 - 06:27 PM.

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#12 dTraderB

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Posted 04 April 2018 - 08:29 PM

Bullish for now, but the IT correction is NOT over 

Decline can resume on Friday or next week. 



#13 ryanoo

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Posted 04 April 2018 - 09:36 PM

 

 

 

sounds like she only wants opinions that agree with hers.  all too common these days.

 

hey guy....I' m a male and of the traditional kind and such that I am strongly attracted by women, so you can use that ''she'' for your sister if you want

 

Oops, your avatar looks like a long haired person's torso so I assumed you were a she...

 

 

pathetic excuse.....my avatar is a Lombard helm   

 

ok, suit yourself. 



#14 EntropyModel

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Posted 04 April 2018 - 11:29 PM

believing the spx IT correction is not over and a down move lasting two or three weeks is at the doors ?

 

 

 

My IT signals puts low odds the IT decline is done, if by IT we mean a move back to ATH from here, system favors we tag 2500-2530 first. 

High odds we are in a retracement bounce of the entire last swing down - which cd last 2-5 more days, to a fib retracement,

or it could fail as early as tomorrow AM much like Feb 6th/7th type action.

 

That said, many IT signals DID go on buy here, but many key signals I look for were not present, hence why its low odds, though not impossible of course.


Question everything, especially what you believe you know. The foundation of science is questioning the data, not trusting the data. I only trust fully falsified, non vested interest 'data', which is extremely rare in our world of paid framing narratives 'psy ops'. Market Comments https://markdavidson.substack.com/?utm_source=substack&utm_medium=email https://www.youtube.com/playlist?list=PLznkbTx_dpw_-Y9bBN3QR-tiNSsFsSojB

#15 OEXCHAOS

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Posted 05 April 2018 - 08:18 AM

On this site, if you don't have a lot of company when you're picking a top or a bottom, you're likely to be wrong.


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#16 andr99

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Posted 05 April 2018 - 09:59 AM

On this site, if you don't have a lot of company when you're picking a top or a bottom, you're likely to be wrong.

 

there are two or three in this site that I carefully listen to with regards to IT movements. Having them in my camp is good


forever and only a V-E-N-E-T-K-E-N - langbard


#17 da_cheif

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Posted 05 April 2018 - 10:36 AM

 

On this site, if you don't have a lot of company when you're picking a top or a bottom, you're likely to be wrong.

 

there are two or three in this site that I carefully listen to with regards to IT movements. Having them in my camp is good

 

so andre where are u long from now



#18 da_cheif

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Posted 05 April 2018 - 10:42 AM

 

believing the spx IT correction is not over and a down move lasting two or three weeks is at the doors ?

 

I mean.....I would like to hear someone else apart epicentrists and their supporters whose opinion I know and which I am not interested in

 

So you only want to hear from those who agree with your opinion only...we got it.

 

Fib

 

rofl



#19 EntropyModel

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Posted 05 April 2018 - 12:16 PM

On this site, if you don't have a lot of company when you're picking a top or a bottom, you're likely to be wrong.

 

Mark, do you have a chart of the fully long/partial long, to fully short for period Jan to now - I went and checked the daily polls for the big drop in end Jan to Feb 7th, and

recent march drop, and from what I see, the polls were heavily long for both those drop periods. That implies that as indicated, many are position trading, and holding

through declines and so not really giving us Shorter term or Swing type signals, or maybe I read it wrong. The opinion polls did change more, and maybe as I indicated

in the poll thread, give a better indicator for shorter term/swing.


Edited by Entropy2.0, 05 April 2018 - 12:18 PM.

Question everything, especially what you believe you know. The foundation of science is questioning the data, not trusting the data. I only trust fully falsified, non vested interest 'data', which is extremely rare in our world of paid framing narratives 'psy ops'. Market Comments https://markdavidson.substack.com/?utm_source=substack&utm_medium=email https://www.youtube.com/playlist?list=PLznkbTx_dpw_-Y9bBN3QR-tiNSsFsSojB

#20 OEXCHAOS

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Posted 05 April 2018 - 02:53 PM

 

On this site, if you don't have a lot of company when you're picking a top or a bottom, you're likely to be wrong.

 

Mark, do you have a chart of the fully long/partial long, to fully short for period Jan to now - I went and checked the daily polls for the big drop in end Jan to Feb 7th, and

recent march drop, and from what I see, the polls were heavily long for both those drop periods. That implies that as indicated, many are position trading, and holding

through declines and so not really giving us Shorter term or Swing type signals, or maybe I read it wrong. The opinion polls did change more, and maybe as I indicated

in the poll thread, give a better indicator for shorter term/swing.

 

 

I don't to my shame. I did initially, and then, for the longest time I found no utility in it.

 

I can tell you that at both recent lows, we were leaning long. At the top, we were not leaning short but that was truly a rare instance we are almost ALWAYS Short at the top and Long at the bottom. It's running something like 95% over many years.

 

Mark


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