44 replies to this topic

[zoropb]

Re, roughly from the failed top on 10/3 (ND made the high) we got in non TD's, about 83 days so 1/4 of that is 20.75 roughly today (good spot for an A to end), 1/3 of that for total move is 28 days, half being 41.5 days. Somewhere in there lies the likely top of this counter rally.

Edited by zoropb, 16 January 2019 - 09:01 AM.

[relax]

also a gap at 2638...is possible today/tomorrow...

 

lets see Z

[zoropb]

Any gap they leave in cash is the free money quickie short.  

[zoropb]

Thinking ahead a little and will adjust after a high is where the A drop of this soon to be correction takes us. I figure about 3 levels or 27 points from a high. using 21 as a high would put us at yesterday afternoon lows in the 94 area.

Edited by zoropb, 16 January 2019 - 09:21 AM.

[redfoliage2]

I see the gaps from yesterday and today will be filled with a sudden 4L drop before the end of this OpEx week.   If not, I will have to accept someone's view that the bull market has resumed..............

Edited by redfoliage2, 16 January 2019 - 10:39 AM.

[Waver]

The Markets should now correct the entire Christmas Rally

[relax]

easy waver ;-)

[K Wave]

VIX starting to diverge from price action....

Edited by K Wave, 16 January 2019 - 11:23 AM.

[K Wave]

Breach of 2610 ES likely starts decline now...

 

Until then, bulls could still jam it a bit higher, but shorting above 2620 likely to pay off over next few weeks...

[K Wave]

VIX green again with 1 min ribbon compressing pretty tight...