Comments at:
https://tradernav.bl...nt-channel.html
Posted 18 April 2018 - 11:05 AM
Posted 18 April 2018 - 11:57 AM
You may not like the term Trump Rally, but that's what it is...
Since I was the one who used the term, it's no surprise you would take exception.
Posted 18 April 2018 - 12:08 PM
You may not like the term Trump Rally, but that's what it is...
Since I was the one who used the term, it's no surprise you would take exception.
Trump rally has been used hundreds of times by various posters before you. No, this post has nothing to do with you.
Posted 18 April 2018 - 12:20 PM
It's important to recognize it as such, so you can grasp a downside target...
5034 for Nasdaq... which also gives a consolidation of the dotcom highs...
That's confluence, makes very good long term targeting sense...
And we could see it on a FLASH CRASH or it could be the Fall...
But it's inevitable.
Posted 18 April 2018 - 12:27 PM
It's important to recognize it as such, so you can grasp a downside target...
5034 for Nasdaq... which also gives a consolidation of the dotcom highs...
That's confluence, makes very good long term targeting sense...
And we could see it on a FLASH CRASH or it could be the Fall...
But it's inevitable.
That's certainly possible. But i will wait for my channel to break, before i get that bearish.
Posted 18 April 2018 - 12:45 PM
Not bearish, it's what markets do...
The tough work is forecasting on breakouts...
When they pullback like this, we have HISTORY working for us...
And all the markets do is retrace back to one HISTORICAL EVENT (example: End of the World Ebola Crash 10/15/14) and test those prices...
But that doesn't come until after the Trump Rally is rejected or not in this time frame if a consolidation is successful and a rebound comes after that test.
So I don't want to get too far ahead...
But that's all these markets do is test, test, test.
Target identification is where it's at...
For today:
Nasdaq 7330
SPX 2727
Posted 18 April 2018 - 12:48 PM
>The tough work is forecasting on breakouts...< really?