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Looks Like We Are Finally There!!!


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#1 blustar

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Posted 03 February 2014 - 01:55 PM

1740.50 is just a few points away. This looks like the panic/capitulation wave I've been talking about. We could break the channel here too. Jan 29 was my target date and I was off 3 TD's. It is about time to go long... not far off.

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#2 q4wer

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Posted 03 February 2014 - 02:04 PM

DOW is below 200 ma now, official bear market starts :)

#3 blustar

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Posted 03 February 2014 - 02:05 PM

There is another possible target for this move. SPX 1735.74. We are close friends!

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#4 SemiBizz

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Posted 03 February 2014 - 02:21 PM

If 1746.20 holds we have an upside resistance target at 1759.33 If not - yep, 1740/1735
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#5 CLK

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Posted 03 February 2014 - 02:25 PM

Dow 15k is a magnet. This afternoon sell is corrective, looking for a bounce soon. Waiting to see what closing TICK looks like.

#6 denmo83

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Posted 03 February 2014 - 02:29 PM

1740.50 is just a few points away. This looks like the panic/capitulation wave I've been talking about. We could break the channel here too. Jan 29 was my target date and I was off 3 TD's. It is about time to go long... not far off.


blustar gets a goldstar. Nice call!

Edited by denmo83, 03 February 2014 - 02:30 PM.


#7 blustar

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Posted 03 February 2014 - 02:50 PM

1740.50 is just a few points away. This looks like the panic/capitulation wave I've been talking about. We could break the channel here too. Jan 29 was my target date and I was off 3 TD's. It is about time to go long... not far off.


blustar gets a goldstar. Nice call!

Thx,

It looks to me to go into Tuesday to as low as 1733.45, and fill the OCT gap.

Here is a chart:Charts

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#8 Mr Dev

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Posted 03 February 2014 - 03:49 PM

NOT THERE yet ...look out two weeks. ;)

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#9 blustar

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Posted 03 February 2014 - 04:02 PM

NOT THERE yet ...look out two weeks. ;)

Big rally comin Bubba

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#10 gm_general

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Posted 03 February 2014 - 04:44 PM

NOT THERE yet ...look out two weeks. ;)

Big rally comin Bubba


What do the media pundits say? :P