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Indicators Say Another Leg Down Coming In Markets

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#1 SemiBizz

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Posted 14 August 2018 - 02:17 PM

Overnight Risk is HUGE...

 

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5b732624dd713_eur081418d.thumb.JPG.99291

 

 

goldspot081518d.thumb.JPG.0b5884aa04b3a9


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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.

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#2 diogenes227

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Posted 14 August 2018 - 02:24 PM

Maybe Turkey should declare bitcoin its official currency.  It (at least so far) is not dropping as fast as the lira.

 

giveup.gif  wink.png


"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."


#3 SemiBizz

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Posted 14 August 2018 - 02:41 PM

Maybe Turkey should declare bitcoin its official currency.  It (at least so far) is not dropping as fast as the lira.

 

giveup.gif  wink.png

 

Turds of a feather... stick together... devil.gif


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

#4 cycletimer

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Posted 14 August 2018 - 10:14 PM

Semi,
What’s your timeframe? Obviously not a one day event, you talking weeks? Coincidentally I sold some $SPX call spreads about 10 min prior to markets closing today.

#5 SemiBizz

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Posted 14 August 2018 - 10:32 PM

Turkish Lira STRAIGHT DOWN HERE...

 

BOOOOMMMMM

 

CNY BOOOMMMMMM


Edited by SemiBizz, 14 August 2018 - 10:34 PM.

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

#6 SemiBizz

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Posted 14 August 2018 - 10:51 PM

Semi,
What’s your timeframe? Obviously not a one day event, you talking weeks? Coincidentally I sold some $SPX call spreads about 10 min prior to markets closing today.

 

Weeks?  We're in a MASSIVE LIQUIDATION.... US$ INDEX PUSHING 97 tonight...Full Scale Panic is probably only hours away...

 

Take Maximum precautions and FIRE YOUR ACCOUNTANT !


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

#7 SemiBizz

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Posted 15 August 2018 - 07:21 AM

Retail Sales is coming up... think that's going to save it?

 

NOPE...

 

This is about the return OF your capital

 

No amount of cyclical good news is going to change the STRUCTURAL issues we have...

 

Maybe when China capitulates...


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

#8 K Wave

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Posted 15 August 2018 - 07:59 AM

That breach of yesterdays low on NQ probably does not bode well for bulls....multiple time frames now starting to roll over...


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#9 cycletimer

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Posted 15 August 2018 - 08:39 AM

Semi,
Whats your timeframe? Obviously not a one day event, you talking weeks? Coincidentally I sold some $SPX call spreads about 10 min prior to markets closing today.

 
Weeks?  We're in a MASSIVE LIQUIDATION.... US$ INDEX PUSHING 97 tonight...Full Scale Panic is probably only hours away...
 
Take Maximum precautions and FIRE YOUR ACCOUNTANT !
Ha! I have plenty of liquidity myself and not in a hurry to pay off the mortgage which is only a rate of 2.80%.

#10 SemiBizz

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Posted 15 August 2018 - 08:52 AM

No, we're talking about what she said, to max out your leverage... NUTS !!


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