Member
Posted 16 November 2018 - 11:41 AM
FB...after traversing the crash window, now divergently retesting the 900 day MA here today...
IF it holds, and can reclaim and the floor at 141, worst may be about over for now, and could see a multi-week bounce from here
Edited by K Wave, 16 November 2018 - 11:41 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
Member
Posted 16 November 2018 - 11:44 AM
NQ 6840 looks important here...
Should it fail to hold that level, bears might just take the ball back....
here we are...let's see who wants the ball....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 16 November 2018 - 11:48 AM
Here we go again. If that was the high and we fail to take out the morning low. Next week is going to have a very big move.
I been scalping all day so far taking a break just came off the best one so far.
Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.
Member
Posted 16 November 2018 - 11:59 AM
VIX very weak bounce off 5 min 900 thus far...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 16 November 2018 - 12:04 PM
Amazing the Dow still holding green with the pounding BA taking...
UNH looks to be the key player now....inverse right should at 264 could be for all the marbles now...
Would hard to see Dow holding 25K if UNH joins BA in crackup mode...
Edited by K Wave, 16 November 2018 - 12:05 PM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 16 November 2018 - 12:07 PM
FB making 2nd intraday test of low on divergent 5 min chart.....could be very near moment of truth now....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 16 November 2018 - 12:21 PM
Zoro
"If that was the high and we fail to take out the morning low. Next week is going to have a very big move."
Are you saying we stay in this range, the morning's low and today's current high, next week it will break down?
Member
Posted 16 November 2018 - 12:41 PM
FB turned right with NQ....
That weak VIX action was warning to bears that that last dip just did not have any real belief...
VIX cratering to fresh intraday lows...5 min 900 backtest looks to have failed to hold
Edited by K Wave, 16 November 2018 - 12:42 PM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 16 November 2018 - 12:46 PM
YM on the other hand, launching off the backtest of 5 min 900...
As long as 25260 holds on YM, this could now turn into trend day up there...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 16 November 2018 - 12:56 PM
Groundhog day. Let's make a new (actually a repeat) hopeful announcement about China trade talks to juice the market daily. Algos do not have the intelligence (the "I" in "AI") until they are reprogrammed to discount a sham.
Lev
