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Crash Update


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#1 RagingSpartan

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Posted 30 October 2018 - 09:33 AM

Tomorrow is a huge taper day by the fed. I expect selling later today or early tomorrow.

#2 RagingSpartan

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Posted 30 October 2018 - 09:45 AM

Looking for a panic down close today

#3 MDurkin

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Posted 30 October 2018 - 10:20 AM

Looking for a panic down close today

You have been calling this to the tee so far...



#4 K Wave

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Posted 30 October 2018 - 11:57 AM

AAPL starting look a lot like the ol' hangin' turd formation as it wedges out just below very well tested support level....

 

We should know pretty soon if it is gonna let go.....

 

 



#5 K Wave

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Posted 30 October 2018 - 12:02 PM

An 15 min close below 210 likely starts panic on AAPL now....

 

Conversely, a move back above 215-217 range that sticks could signal a big floor recapture...BIG decision an AAPL about to be made methinks....



#6 CLK

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Posted 30 October 2018 - 01:33 PM

Got a buy signal, added 266C for tomorrow.   Probably shock and awe upside break tomorrow.


Edited by CLK, 30 October 2018 - 01:37 PM.


#7 K Wave

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Posted 30 October 2018 - 01:37 PM

Got a buy signal, added 266C for tomorrow.

 Hope you have a tight stop on that one....if AAPL lets go last hour....................



#8 RagingSpartan

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Posted 30 October 2018 - 01:43 PM

Notice how we are riding just under the lower channel on SPX. If this was going to hold we would have rallied hard. Similar action occurred around the 200dma. Just a matter of time before we break lower.

#9 CLK

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Posted 30 October 2018 - 02:19 PM

The 2800 level looks good here for tomorrow, lots of shorting the bounce out there, signal still good.

 

The downside just looks done here, maybe crash end of next week after a big rally to change sentiment.



#10 K Wave

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Posted 30 October 2018 - 02:25 PM

Looks like they may hold AAPL together here today...

 

So may have to wait until after the close on Thursday before the fireworks start...