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#1 K Wave

K Wave

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Posted 07 October 2014 - 08:45 AM

getting absolutely pounded outta the bear flag... SOX big gap down too.... Bears may have a decent day today.... This is why you have to watch more than one index for clues.... ES was a bit of a tough read yesterday, but other indexes were hinting at a bearish outcome

The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#2 K Wave

K Wave

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Posted 07 October 2014 - 08:48 AM

SDS 25.5 level looks possibly very pivotal now on its chart. Another breach and SDS could explode...weekly is extremely overdone with a lot of running room once the turn is in... If bulls cant defend ES 1940 area, then trap door may open....

The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy