A break here will result in 200 spx points to the downside and happen fast.
Crash Update 2
Started by
RagingSpartan
, Oct 22 2018 09:04 PM
9 replies to this topic
#2
Waver
-
- Traders-Talk User
- 802 posts
Member
Posted 22 October 2018 - 09:32 PM
Here = the close price?
#3
CLK
-
- Traders-Talk User
- 10,787 posts
Member
Posted 23 October 2018 - 06:46 AM
Wave 1 = 3 = 2450.
Wave 1 = 3(1.618) = 2322.
Wave 1 = 3(2.618) = 2082.
#4
tradesurfer
-
- Traders-Talk User
- 2,944 posts
Member
Posted 23 October 2018 - 06:50 AM
what is the plan today guys ?
The SPY will open with a HUGE gap down.
So a rally is expected after the first 30 minutes or 1 hour and then the real sell side right ?
#5
12SPX
-
- Traders-Talk User
- 12,517 posts
Member
Posted 23 October 2018 - 07:15 AM
what is the plan today guys ?
The SPY will open with a HUGE gap down.
So a rally is expected after the first 30 minutes or 1 hour and then the real sell side right ?
Turn around Tuesday maybe....
#6
K Wave
-
- Traders-Talk User
- 26,721 posts
Member
Posted 23 October 2018 - 07:20 AM
Yup, yesterday's failure at the close to hold NQ 7160 was ugly....
Now it looks we get the breakaway gap from there today....
QQQ will enter crash window today...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#7
PrintFaster
-
- Traders-Talk User
- 1,683 posts
Member
Posted 23 October 2018 - 09:11 AM
As usual, this one usually leads the tape.
No exceptions.
#8
ryanoo
-
- Traders-Talk User
- 660 posts
Member
Posted 23 October 2018 - 09:17 AM
$SOX fresh new low in 2018. Will SPX follow, to 2550?
#9
K Wave
-
- Traders-Talk User
- 26,721 posts
Member
Posted 23 October 2018 - 09:25 AM
Trannies gettin' hammered after the breach of 10,400...deep into the crash window now after the ugly back kiss of the 200 day from underneath a few days back
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#10
RagingSpartan
-
- Traders-Talk User
- 558 posts
Member
Posted 23 October 2018 - 09:27 AM
I don't see any fear fear as we broke the low. 2500 is the target.
