Jump to content



Photo

broad market


  • Please log in to reply
6 replies to this topic

#1 dougie

dougie

    Member

  • Traders-Talk User
  • 9,041 posts

Posted 24 October 2018 - 03:04 PM

appears impulsive off the top?

anyone think otherwise?



#2 senorBS

senorBS

    Member

  • TT Member+
  • 10,941 posts

Posted 24 October 2018 - 03:29 PM

at the least, could be a 3 (Naz 100 looks more that way IMO). Dow and S&P look like they will reach, perhaps quickly the low made early this yr which is previous 4th wave support, Dow Transports are there now, and da beat goes on

 

Senor



#3 dougie

dougie

    Member

  • Traders-Talk User
  • 9,041 posts

Posted 24 October 2018 - 04:16 PM

Jan lows targetted?



#4 senorBS

senorBS

    Member

  • TT Member+
  • 10,941 posts

Posted 24 October 2018 - 05:58 PM

Jan lows targetted?

whether sooner or later I think so, Transports already there



#5 gannman

gannman

    Member

  • Traders-Talk User
  • 6,948 posts

Posted 24 October 2018 - 09:31 PM

the way this thing is shaping up we could be at 2000 on the spoos very soon

 

depends on whether this wave we are in is a 5 or the other possibility is its a 3 of 3

 

not clear i am leaning towards the latter but not clear


feeling mellow with the yellow metal


#6 dharma

dharma

    Member

  • Traders-Talk User
  • 9,614 posts

Posted 25 October 2018 - 11:56 AM

looks to me like we finished a 5 in the broad averages A my preference(remember in weimar stocks went up until the inflation got really bad. we are no where near that type of situation)

the transport are the lead dog they have taken out significant support

if this was A B still has the potential to make a higher high 

throwing a wrench in the status quo thinking

dharma



#7 stubaby

stubaby

    Member

  • Traders-Talk User
  • 1,660 posts

Posted 25 October 2018 - 01:50 PM

looks to me like we finished a 5 in the broad averages A my preference(remember in weimar stocks went up until the inflation got really bad. we are no where near that type of situation)

the transport are the lead dog they have taken out significant support

if this was A B still has the potential to make a higher high 

throwing a wrench in the status quo thinking

dharma

dharma:

I agree on the broads I think if we finished A and are in B we can see 3,000+-