Jump to content



Photo

10/29


  • Please log in to reply
10 replies to this topic

#1 zoropb

zoropb

    Member

  • Traders-Talk User
  • 8,392 posts

Posted 29 October 2018 - 07:44 AM

Good orning everyone,

 

We are looking at a high around 2724+-7  (70% probability)

 

I expect the trend to continue south after,  until on or just before the elections.  Then we should get a multi-week rally probably near or on black Friday.  (to boost sales of course). 

 

 


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


#2 zoropb

zoropb

    Member

  • Traders-Talk User
  • 8,392 posts

Posted 29 October 2018 - 08:55 AM

I was thinking they bring it down to 2679-71 area before going up.


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


#3 zoropb

zoropb

    Member

  • Traders-Talk User
  • 8,392 posts

Posted 29 October 2018 - 09:08 AM

if 2687 is all then we are looking at the 2731 area of having higher probability for the sessions high.


Edited by zoropb, 29 October 2018 - 09:09 AM.

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


#4 zoropb

zoropb

    Member

  • Traders-Talk User
  • 8,392 posts

Posted 29 October 2018 - 10:50 AM

I thought there would be a little dip first before moving on to the bigger picture but they threw in the little off speed pitch first. Now if 2682.50 sticks then we are looking at 2727.75+-3.75 using our intra-day levels. A sneaky lunch launch may be in the cards. 


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


#5 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 22,965 posts

Posted 29 October 2018 - 10:55 AM

$SPX BULLISH UPSIDE OBJECTIVE HERE 2724

 

Great Minds think Alike... yes.gif

 

(repost from Twitter)


Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics


#6 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 22,965 posts

Posted 29 October 2018 - 11:27 AM

WOW... UK DIGITAL TAX KILLS MARKET RALLY COLD>>>>

 

swoon.gif


Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics


#7 zoropb

zoropb

    Member

  • Traders-Talk User
  • 8,392 posts

Posted 29 October 2018 - 11:31 AM

Nice semi!

 

They still go to the 71 (take no prisoners).  I been sitting as I do not care for the long side up here. Waiting for the short set up.

 

If we crack 2660 game over. South


Edited by zoropb, 29 October 2018 - 11:32 AM.

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


#8 zoropb

zoropb

    Member

  • Traders-Talk User
  • 8,392 posts

Posted 29 October 2018 - 02:09 PM

Looks like we are going to need the 2601-2569 area before a slightly larger rally. Probably back to this mornings highs. Which if it is the case they may even bring it down to next zone 2300's-2000's before the election. Brutal if so. 


Edited by zoropb, 29 October 2018 - 02:09 PM.

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


#9 zoropb

zoropb

    Member

  • Traders-Talk User
  • 8,392 posts

Posted 29 October 2018 - 02:17 PM

Oh and btw I have seen as many of you have seen things go from oversold to very oversold in a heart beat.  So I remind folks surprises keep going south until the bear market is over.  Specially when we still have 500 points of energy sitting there.


Edited by zoropb, 29 October 2018 - 02:18 PM.

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


#10 zoropb

zoropb

    Member

  • Traders-Talk User
  • 8,392 posts

Posted 29 October 2018 - 04:09 PM

The week shows the probable low at 2601.75 +- 13.25 points. (70% probability zone), but we still have the monster waiting around 500 points sitting there. It has barely budged.  

 

If that is the case above we have a good shot at  2706.50 +- 13.25


Edited by zoropb, 29 October 2018 - 04:11 PM.

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