ON THE BRINK
#1
Posted 21 September 2015 - 03:15 AM
5 hours to open, I'll find out sooner than you see this post.
Same pattern all over markets, I show only two charts in futures 10 mins old: ES and RUT.
Swing Those Lines: I can calculate the motion of heavenly bodies, but not the madness of people! -- Issac Newton
#2
Posted 21 September 2015 - 03:35 AM
The Orange is still rotten until it ain't.
Swing Those Lines: I can calculate the motion of heavenly bodies, but not the madness of people! -- Issac Newton
#3
Posted 21 September 2015 - 04:30 AM
Last Friday, Price closed stuck in between RED Bull and BLUE Bear, so NO BIAS based on that.
We need price to break out either pattern for clearer sign; that's how PIVOTAL we are.
Just by looking, I'll ask, which one of these two patterns is deeper and larger?
And, which one got the latest and greatest influence?
So, (not funny me try talk like silver-tongue Janet) so? go with deeper and larger or latest and greatest.
Good luck.
Swing Those Lines: I can calculate the motion of heavenly bodies, but not the madness of people! -- Issac Newton
#4
Posted 21 September 2015 - 04:44 AM
... ,or hit the floor, of this Bear Flag ?
5 hours to open, I'll find out sooner than you see this post.
Same pattern all over markets, I show only two charts in futures 10 mins old: ES and RUT.
All this wedge talk; ive been saying all along this is a bearish flag. Very nice charts sir.
The play remains short the rallies and also short the break down!
#5
Posted 21 September 2015 - 07:38 AM
... ,or hit the floor, of this Bear Flag ? 5 hours to open, I'll find out sooner than you see this post. Same pattern all over markets, I show only two charts in futures 10 mins old: ES and RUT.
that pop this morning shouldn't carry too far and we should see S+P 1910 and lower this week
#6
Posted 21 September 2015 - 09:01 AM
#7
Posted 21 September 2015 - 10:34 AM
Edited by salam, 21 September 2015 - 10:36 AM.
#8
Posted 21 September 2015 - 12:05 PM
Hope so
Added 1975 cash area pre market. Fully short stop 1980
Hanging in there by a thread......reduced short exposure back to 1/2 position on the reaction off resistance .
Stop just above HOD
Made some beer money on the swoon down :-)
Thread has turned into a big rope! Glad I trusted my indicators, charts and support and resistance....
Short from 2012, 1978 and 1976. Stop 1981.... I will lower to 1976 depending on the close today
Edited by salam, 21 September 2015 - 12:06 PM.
#9
Posted 21 September 2015 - 12:19 PM
RUT CASH blue bear flag BD, but red bull flag did not.
So, "floor" is still the key word here.
Good job! (so far this morning) salam and pisces!
Swing Those Lines: I can calculate the motion of heavenly bodies, but not the madness of people! -- Issac Newton
#10
Posted 21 September 2015 - 12:38 PM
ES still holding on own floor, and it also holding the key of RUT futures' floor BD or FD.
RUT CASH blue bear flag BD, but red bull flag did not.
So, "floor" is still the key word here.
Good job! (so far this morning) salam and pisces!
.....so far being the operative words!
Thanks
Now Tech and Nav are on the other side of the trade :-(