Level is 9.75 / 5
Took a 1/2 short at close and just closed it. 4 level day at close.
2/1
Started by
zoropb
, Jan 31 2019 06:15 PM
51 replies to this topic
#1
zoropb
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Posted 31 January 2019 - 06:15 PM
Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.
#2
zoropb
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Posted 31 January 2019 - 06:36 PM
We ended the month at near 3.5 levels just 5 points shy. New level for the month is 81.75.
With this new level, if we went up further to say 2722 and then corrected 1 full level from there would put us at 2640 which is quite doable. If so I ask is 2.5 levels from there up doable which would be 2844. I do not know about that. Would two levels be? 2803.50. Now I can live with that possibility.
Now the other way say again same 2722 but lets say this would be just 2.5 levels down, 2517.75 or more. I can see that easy since we are in a bear market until we surpass that Sept high.
Edited by zoropb, 31 January 2019 - 06:38 PM.
Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.
#3
zoropb
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Posted 01 February 2019 - 07:23 AM
Looks like es may tag 2xL down off overnight high first = 92.25+-
Edited by zoropb, 01 February 2019 - 07:23 AM.
Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.
#4
zoropb
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Posted 01 February 2019 - 07:28 AM
actually perhaps a 1 level bounce off 1.5L down or 97.25 pop to 2707+- then the 2 L off day high down 92.25.
Edited by zoropb, 01 February 2019 - 07:29 AM.
Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.
#5
zoropb
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Posted 01 February 2019 - 08:44 AM
Awsome Im out at 6.75 but man was that quick. It looked impulsive so want to see how it moves a little up here.
Edited by zoropb, 01 February 2019 - 08:45 AM.
Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.
#6
K Wave
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Posted 01 February 2019 - 09:12 AM
YM looking very tired up here...perhaps one more push up after open.
Am guessing that backtest of the broken 4 hour 900 MA on YM will be significant resistance area....currently around 25,100
Any trading back below 25K now should be the short signal...
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
K Wave
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Posted 01 February 2019 - 10:03 AM
OK, there's the pivot off of 25K
If 25K goes now, should see selling pressure start to build...
In the meantime, still possibility of one last push up to complete the fractal...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#8
K Wave
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Posted 01 February 2019 - 10:07 AM
target zone hit....
now a move back under 25060 would signal the breakout/fakeout.....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#9
zoropb
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Posted 01 February 2019 - 10:24 AM
Scalped a little but did not mess with the up move. Boy do we need a correction. When it comes wow.
In the meantime, 2L off the 96.25 low= 15.75
2.5 = 20.50
3= 25.25
Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.
#10
SemiBizz
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Posted 01 February 2019 - 10:25 AM
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 http://parler.com/Volumedynamics
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 http://parler.com/Volumedynamics
