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Lunar Cycle Down into Aug 8

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#1 blustar

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Posted 27 July 2018 - 12:58 PM

This looks identical to the Dec 27, 2017- Jan 26, 2018 run: up 18 TD's out of a 20 week low, makes a solid green candle that never gets taken out, moves down into the 4 TD low out of the 16 TD low which only runs up two TD's. The NASDAQ is the weak party here and the Dow 30 the strong. The Dow 30 had to be stronger as it has been the weakest.

 

We have the SOX, Transports, RUSSELL 2000 failing here also. Look at the rotations going on!!!

 

Looking for the 4 TD top Tuesday and shorting with both hands!! First low Friday then Wednesday next week. The NASDAQ going to get creamed me thinks!


Blessings,

 

blu

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#2 SemiBizz

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Posted 27 July 2018 - 04:37 PM

Down through Mid August...

That's my story and I'm sticking with it....

That's what I said last week...

 

THIS WEEK:

Nasdaq made a new all time high, net result DOWN 93 for the week

RUT whiffed 2 more times on testing the 1708 high, DOWN 33 for the week.

SPX closed up 11, failed to break January High on stronger volume


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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/VolumeDynamics  http://parler.com/Volumedynamics

#3 trioderob

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Posted 28 July 2018 - 11:04 AM

look to Apple earnings 



#4 trioderob

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Posted 28 July 2018 - 03:57 PM

Semi-

 

2 weeks ago you were very bullish - now you are bearish ?

 

 

"Sorry to rain on any bears, most of them must be at the beach right now, because they sure aren't selling...

 

No volume in the pullback... evidently a steady stream of buying like a fire hose continuing to hold up the market on light volume...

 

It's going to take a FLOOD of VOLUME to negate that central banker fire hose...

 

So if the bears aren't going to SELL, they going to continue to buy" 



#5 SemiBizz

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Posted 29 July 2018 - 10:00 PM

You can search my posts for the latest...


Price and Volume Forensics Specialist

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/VolumeDynamics  http://parler.com/Volumedynamics





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