Jump to content



Photo

10/29


  • Please log in to reply
10 replies to this topic

#1 zoropb

zoropb

    Member

  • Traders-Talk User
  • 6,618 posts

Posted 29 October 2018 - 07:44 AM

Good orning everyone,

 

We are looking at a high around 2724+-7  (70% probability)

 

I expect the trend to continue south after,  until on or just before the elections.  Then we should get a multi-week rally probably near or on black Friday.  (to boost sales of course). 

 

 


I run a traders Blog with high probability targeting on ES , closed to any new members.


#2 zoropb

zoropb

    Member

  • Traders-Talk User
  • 6,618 posts

Posted 29 October 2018 - 08:55 AM

I was thinking they bring it down to 2679-71 area before going up.


I run a traders Blog with high probability targeting on ES , closed to any new members.


#3 zoropb

zoropb

    Member

  • Traders-Talk User
  • 6,618 posts

Posted 29 October 2018 - 09:08 AM

if 2687 is all then we are looking at the 2731 area of having higher probability for the sessions high.


Edited by zoropb, 29 October 2018 - 09:09 AM.

I run a traders Blog with high probability targeting on ES , closed to any new members.


#4 zoropb

zoropb

    Member

  • Traders-Talk User
  • 6,618 posts

Posted 29 October 2018 - 10:50 AM

I thought there would be a little dip first before moving on to the bigger picture but they threw in the little off speed pitch first. Now if 2682.50 sticks then we are looking at 2727.75+-3.75 using our intra-day levels. A sneaky lunch launch may be in the cards. 


I run a traders Blog with high probability targeting on ES , closed to any new members.


#5 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 22,809 posts

Posted 29 October 2018 - 10:55 AM

$SPX BULLISH UPSIDE OBJECTIVE HERE 2724

 

Great Minds think Alike... yes.gif

 

(repost from Twitter)


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


#6 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 22,809 posts

Posted 29 October 2018 - 11:27 AM

WOW... UK DIGITAL TAX KILLS MARKET RALLY COLD>>>>

 

swoon.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


#7 zoropb

zoropb

    Member

  • Traders-Talk User
  • 6,618 posts

Posted 29 October 2018 - 11:31 AM

Nice semi!

 

They still go to the 71 (take no prisoners).  I been sitting as I do not care for the long side up here. Waiting for the short set up.

 

If we crack 2660 game over. South


Edited by zoropb, 29 October 2018 - 11:32 AM.

I run a traders Blog with high probability targeting on ES , closed to any new members.


#8 zoropb

zoropb

    Member

  • Traders-Talk User
  • 6,618 posts

Posted 29 October 2018 - 02:09 PM

Looks like we are going to need the 2601-2569 area before a slightly larger rally. Probably back to this mornings highs. Which if it is the case they may even bring it down to next zone 2300's-2000's before the election. Brutal if so. 


Edited by zoropb, 29 October 2018 - 02:09 PM.

I run a traders Blog with high probability targeting on ES , closed to any new members.


#9 zoropb

zoropb

    Member

  • Traders-Talk User
  • 6,618 posts

Posted 29 October 2018 - 02:17 PM

Oh and btw I have seen as many of you have seen things go from oversold to very oversold in a heart beat.  So I remind folks surprises keep going south until the bear market is over.  Specially when we still have 500 points of energy sitting there.


Edited by zoropb, 29 October 2018 - 02:18 PM.

I run a traders Blog with high probability targeting on ES , closed to any new members.


#10 zoropb

zoropb

    Member

  • Traders-Talk User
  • 6,618 posts

Posted 29 October 2018 - 04:09 PM

The week shows the probable low at 2601.75 +- 13.25 points. (70% probability zone), but we still have the monster waiting around 500 points sitting there. It has barely budged.  

 

If that is the case above we have a good shot at  2706.50 +- 13.25


Edited by zoropb, 29 October 2018 - 04:11 PM.

I run a traders Blog with high probability targeting on ES , closed to any new members.