Curious who thinks were done with -5% declines for the rest of the year? Board seems quiet or is it down, I don't see any opinions. Also wondering, I tried to upload a GIF off my desktop for my profile pic but didn't work anyone please explain how, thanks?
-5% declines
Started by
12SPX
, Oct 17 2018 08:11 AM
11 replies to this topic
#2
tradesurfer
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Posted 17 October 2018 - 08:16 AM
I think there will be one more 5% decline on or before November 6, 2018
#3
CLK
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Posted 17 October 2018 - 08:17 AM
I think you have to use .png format.
#4
PrintFaster
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Posted 17 October 2018 - 08:29 AM
No end to the relentless deterioration in the internals. New lows again.
Edited by PrintFaster, 17 October 2018 - 08:30 AM.
#5
redfoliage2
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Posted 17 October 2018 - 08:46 AM
Even a bear market can have a 2% rally like yesterday. I see it was a one-day wonder and selling should resume in short notice. The low usually gets re-tested with a lower low or about the same low. So if I'd not be surprised to see SPX drops 60 to 80 points in the next few days.....................
Edited by redfoliage2, 17 October 2018 - 08:52 AM.
#6
redfoliage2
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Posted 17 October 2018 - 09:09 AM
Let's how much retracement is allowed today, that should give a clue for the rest of this OpEx week.
#7
K Wave
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Posted 17 October 2018 - 09:44 AM
Watch AAPL right about here....
looks like wedgie between 217 and 223 about to come to an end....
An hourly close under 220 now might start next wave down...
If it holds 220, and goes up and takes out 223, then stick save may be in.....
Edited by K Wave, 17 October 2018 - 09:46 AM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#8
fib_1618
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Posted 17 October 2018 - 10:00 AM
No end to the relentless deterioration in the internals. New lows again.
Combo chart for your further review and digestion.
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
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#9
redfoliage2
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Posted 17 October 2018 - 10:24 AM
So you think NYSI is about to turn up?
#10
fib_1618
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Posted 17 October 2018 - 10:25 AM
So you think NYSI is about to turn up?
The only way it turns up is if the MCO moves into positive territory.
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
Technical Watch Subscriptions
