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Weekend Update


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#1 zoropb

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Posted 03 February 2019 - 08:57 AM

Day: 8.75 / 4.5 use for major pivots in the day. High and low of session.
Probable 3+

Week: 25 L / 12.50
probable 2.50+

Month: 81.75 Level 41/20.50. 2+
Too early.

Quarter: 90.50 Level / 45.25/ 22.50 Probable 2.5 level minimum does not have to be used one way. Currently used 2.25+ Still has room.
Start of this quarter at 2438.50
1 L = 2529
1.50= 2619.50
2 = 2664.75
2.25=2710
2.50=2755.25

Year: 114 Level
Used near 2 expected low sub 2175 if so, at aprox. 6.65 Levels. If the assumption is correct then in Red caution zone.
1= 2552.50
1.50= 2609.50
1.75= 2666.50
2 = 2723.50

Lots around that low 2700 number.


Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.


#2 12SPX

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Posted 04 February 2019 - 09:16 AM

super quiet morning, sorry I cant figure out your dailys I liked it better when you gave actual levels.  Never been a level guy unless its technical lol!  I'm kinda simple that way lol!!



#3 K Wave

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Posted 04 February 2019 - 10:05 AM

Looking more an more like Friday was the throwover top...

 

If so, could be a rough ride for next few weeks.....

 

Back above YM 25K now would likely signal fumble by bears...but for now, looks like a scoring drive just getting started...


Edited by K Wave, 04 February 2019 - 10:05 AM.


#4 K Wave

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Posted 04 February 2019 - 10:10 AM

VIX looking poised for big move to start imminently...

 

Another move over 16.50 could light up the Saturn Vs



#5 K Wave

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Posted 04 February 2019 - 10:23 AM

Watching this AM action on RUT....

 

Could be moment of truth right about here...back under 1500 one more time, and upthrust likely done...



#6 K Wave

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Posted 04 February 2019 - 10:27 AM

Starting to look like Dow general UNH may have just finished wave 2 up off MASSIVE top....

 

If so, wave 3 could be doozy....900day MA way down near 180....



#7 zoropb

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Posted 04 February 2019 - 10:43 AM

12 we hit 2709.25 so you just subtract the level or half L from there if down.   so it goes...

 

L1= 2700.75

L1.5= 96.25

L2= 92

L2.5= 87.50

L3= 83.25

L3.5= 78.75

L4= 74.50

 

If up from the over night low 2697 just add the L.

 

L1 = 2705

L1.5= 9.50

L2= 2713.75

L2.5= 18.25

L3= 22.50

L3.5= 27

L4= 31.25


Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.


#8 12SPX

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Posted 04 February 2019 - 11:47 AM

Awwwww the overnight now I see, thanks!!



#9 K Wave

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Posted 04 February 2019 - 01:07 PM

interesting chart...how long can this last???

 

2019-02-02_10-33-38_0.jpg?itok=AlfmDONf

 



#10 zoropb

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Posted 04 February 2019 - 01:13 PM

an accident waiting to happen.


Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.